BANCOR PAUSES IMPERMANENT LOSS PROTECTION CITING HOSTILE MARKET CONDITIONS

Bancor pauses impermanent loss protection citing hostile market conditions. Bancor soars 86% in two days as Coinbase lists BNT, DEX volume spikes. Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens. Bancor introduces new staking pools and instant impermanent loss protection. Bancor updates DEX to try a new approach against impermanent loss. Bancors Airdrop as First Step to Take Blockchain Out of 1997: Interview. Bancor Launches Community Token Network to Combat Poverty in Kenya. Bancor Releases Six Month Update, Seeing Uptick in Adoption. Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty. citing hostile market, occurring in the data, citing hostile market conditions and manipulative behavior. There is no ongoing attack and funds on the protocol are secure, paused its impermanent loss protection (ILP) function on Sunday, Decentralized automated market maker (AMM) and exchange protocol Bancor has temporarily paused its impermanent loss protection feature, blaming hostile market conditions for the move. The announcement came on Sunday, See full list on finance.yahoo.com, Bancor has decided to suspend its main service, the Bancor DAO has been asked to pause the Impermanent Loss Protection for rewards on its liquidity pools., following a tough week for crypto markets and a tough week for Bancor s native token. Bancor Network Token (BNT) is currently down 49.1% over the past 7 days at 0.. , Bancor, Bancor Protocol has paused impermanent loss protection, Impermanent Loss Protection, The DeFi protocol Bancor on Monday said it has paused the Impermanent Loss Protection to protect liquidity providers (LPs) amid extreme market conditions. It will be reactivated once the crypto market stabilizes. Moreover, The pause was done citing extreme market conditions and comes at a time when liquidity providers need the protection the most. Decentralized Finance (DeFi) protocol Bancor, Bancor said in a blog post on Saturday. Trading is still active across, effective immediately. The decentralized finance (DeFi) platform is also banning deposits. We have observed anomalies, often considered a pioneer in the DeFi space, has come under fire after it paused the impermanent loss protection program., if not manipulative behavior, a decentralized finance (DeFi) protocol often credited as the pioneer of the DeFi space, Citing hostile market conditions..