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May 11, 2022 | DeFi

Bancor, a decentralized finance (DeFi) protocol, announced Bancor 3, a much-anticipated protocol update is now on mainnet. Bancor 3 is designed to create sustainable on-chain liquidity for token projects. The idea is to give participants enough incentives to use the protocol, including auto-compound earnings, dual rewards, and, its most important feature, instantly receiving 100% impermanent loss protection.

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