Bancor, as the star project of ICO in 2017, created a new era of AMM, but it was surpassed by the rising star of uniswap. Facing the competition of uniswap, Bancor tried to attract lost customers with impermanent loss protection. Bancor launched the V2 version with impermanent loss protection first…

Recently the pioneers of AMM and impermanent loss protection have been in huge trouble. Their impermanent loss protection has led to a huge deficit, over $40 million at its peak, and still has a deficit of $34,242,036 today. In the process, some people want to ask what was the best…

BNT recently suspended impermanent loss protection, causing users lose 50% of their tokens providing single-sided liquidity to Bancor, and some people blame the phenomenon entirely on the bear market, even saying “ This is happening because of the bearish market This wouldn’t be a problem if the market was bullish”…

Recently, bancor as the pioneer of AMM and impermanent loss protection has been in huge trouble with huge deficits over $40 million at its peak due to hostile market conditions. As we all know normal impermanent loss is just only 20% even with 80% price down, which is why the…

Bancor is not only a pioneer in AMM, but also a pioneer in providing impermanent loss protection, and has made outstanding contributions to the development of DEFI. However, bancor’s impermanent loss protection has suffered a huge deficit due to the recent malicious market trend. The author has published a number…

Recently bancor made a decision to pause impermanent loss protection due to the recent market crash. As a result, some defi protocols have to remove liquidity from bancor’s single-sided liquidity mining. But why did bancor choose to suspend impermanent loss protection at this time? In fact, last month, the author…

Curve V2 is the biggest competitor of uniswap V3. We know that the impermanent loss of uniswap V3 can be calculated mathematically, and some people want to know how to calculate the impermanent loss of curve V2, and even ask if curve V2 will have impermanent loss? As long as…

In the last article, we theoretically deduced why the slippage of uniswap V3 is smaller than that of curve, but another question that what is the actual liquidity distribution of the two protocal? When adding liquidity to uniswap, we can see the following liquidity distribution diagram. What would the liquidity…

In the previous article, we compared the slippage difference between curve and uniswap V3 through data. We can find that under comparable conditions, the slippage of uniswap V3 is smaller than that of curve, but some people want to know why. So today we will start from the technical principles…