1/ Bancor v2.1 passed the community vote earlier today & is now live on Ethereum mainnet!

Finally, LPs can stake with single-sided AMM exposure - while earning fees & protection from impermanent loss.

Stake at: http://ban.cr/protect 

Guide: https://blog.bancor.network/guide-single-sided-amm-staking-on-bancor-v2-1-93e6839959ba
2/ $REN is among the first protected pools live, with 60+ pools going live in the coming days.

When adding liquidity to the pool, choose between 100% exposure to $REN or 100% exposure to $BNT:
3/ Manage your protected positions in Bancor’s new pool manager.

Single-sided exposure + IL insurance + swap fees = higher ROI on collected fees.

(Individual ROI data coming soon)
4/ How does it work?

Provide liquidity to a pool and the Bancor protocol co-invests with you by - providing the opposite side in $BNT.

The protocol earns BNT fees, which are burned to pay for IL insurance & reduce the overall BNT supply.

Learn more: https://blog.bancor.network/proposing-bancor-v2-1-single-sided-amm-with-elastic-bnt-supply-bcac9fe655b
5/ This is the 1st upgrade passed by Bancor’s new governance framework (!!) & brings a new level of sophistication to AMMs.

We are grateful to have a community of brilliant minds already proposing new ideas, voting for new pools & fine-tuning the system: http://gov.bancor.network 
6/ Single-sided exposure & IL insurance aim to make AMMs less chaotic & more predictable for LPs, who can now:
🪙 Long the token they want
📈 Earn from swap fees
🌴 Set it & forget it

No more:
🧐 stress being an LP
‼️ getting rekt by imp loss
📉 misleading APYs
7/ Stake single-sided liquidity and track your protected positions on Bancor’s new & improved app:
 http://app.bancor.network 
You can follow @Bancor.
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