Space has opened in the yearn.finance pool on http://bancor.network for an additional 86 $YFI & 3M+ $BNT!

APY in the pool is currently:

13.21% on the $YFI side
91.91% on the $BNT side
+Swap fees

https://twitter.com/Bancor/status/1367044572019372034?s=20

A vote to approve Snapshot Labs for gasless voting in Bancor governance is live.

⛽️ Gasless voting enables all BancorDAO members to participate in governance & further decentralizes DAO decision-making.

📜 Proposal: https://gov.bancor.network/t/updated-gasless-voting-via-snapshot/1017

https://twitter.com/Bancor/status/1367080590986465285

Join us tomorrow (Thursday February 18) for our first BancorDAO Clubhouse AMA to discuss the launch of Bancor Vortex!

Clubhouse is an audio-chat social network that has recently become quite popular in crypto communities. It’s similar to listening to a podcast — but with easier audience engagement. The app is available for download on iOS only: https://apps.apple.com/us/app/clubhouse-drop-in-audio-chat/id1503133294

Speakers:
- Mark Richardson - Research Lead, BancorDAO
- Eyal Hertzog - Co-Founder & Product Architect of Bancor Protocol

When: Thursday February 18 at 12pm GMT
Where*: Clubhouse: https://www.joinclubhouse.com/event/PG22WNAp

*Clubhouse is available on iOS or iPad only

Event Description:
An AMM liquidity black-hole is approaching..

Join the BancorDAO & core devs to discuss recent protocol progress and this week’s launch of Bancor Vortex, a new feature that lets users borrow against their BNT staked in Bancor pools. Speakers will briefly present Vortex mechanics, how to use it and answer questions on this new and novel mechanism.

Vortex proposal: https://gov.bancor.network/t/bancor-vortex-part-2-vbnt-whitelist-proposal/537/7

Video: https://www.youtube.com/watch?v=SbUqcbNqQ-Y

BNT holders currently earn around 25% of swap fee revenue generated by the Bancor protocol.

How?

The protocol co-invests BNT alongside LPs — eg, a $100K deposit of LINK triggers 100K of BNT emissions into the LINK pool.

These emissions earn swap fees burned for BNT


https://twitter.com/Bancor/status/1350759905746149380?s=20

Since these mechanics went live, BNT holders have earned over $300K USD.

📃 More in Bancor's recent protocol health report:  https://blog.bancor.network/bancor-v2-1-protocol-health-report-january-2020-83338c904de0

Catch Bancor's Head of Growth, Nate Hindman, for an AMA at Panteraico!

⏰ When: Tomorrow, Tuesday, January 5th @ 11AM GMT
🌏 Where: http://t.me/panteragroup

https://twitter.com/Bancor/status/1346054372569067523?s=20

The Synthetix (SNX) pool has crossed the $400K liquidity threshold!

This activates:
* 12 weeks of $BNT rewards
* 1M $BNT for impermanent loss insurance

Current APY (subject to change):
446.56% on $BNT side
166.20% on $SNX side

Staking here: http://bancor.network

https://twitter.com/Bancor/status/1343512899038412800?s=20

We recently shipped a smart contract update that significantly reduces gas costs on staking & swaps.

⛽️ In the example above, the gas on a USDC 🔁 YFI swap is reduced by 36%!

https://twitter.com/Bancor/status/1340649374288916481?s=20

🎉 Thrilled to announce that Bancor pools are now integrated with Matcha, DEX aggregator, powered by 0xproject! 🎉

https://twitter.com/Bancor/status/1339187568273993731?s=20

It's time to vote for the next 2 tokens to receive $BNT liquidity mining rewards on http://bancor.network!

Tokens up for vote: $SNX $AAVE $NXM $ENJ $JRT $LRC $RSR $BNB $KNC $OMG $NMR $STAKE

🗳 Vote: http://discord.gg/h6FyYpCf7T

More details: https://bancor.medium.com/vote-for-the-next-tokens-to-receive-bnt-liquidity-mining-rewards-989746e8029d

https://twitter.com/Bancor/status/1338477491611176963?s=20

Check out the estimated APY based on the maximum BNT Liquidity Mining rewards distributed per week:

https://twitter.com/Bancor/status/1338441571499438082?s=20

Rewards will appear retroactively in http://bancor.network upon activation this month.

For more details on BNT LM rewards, see the Bancor FAQs: https://docs.bancor.network/faqs#3-bnt-liquidity-mining

📣 Attention Meme Makers! The Bancor v2.1 meme contest has been extended for an additional week! 📣

🗓 New deadline: 12PM Zug time, Monday, December 28th.

🛡 Theme: "Always Use Protection" 🛡

💰 1,000 BNT in prizes for the best memes showcasing how Bancor v2.1 protects liquidity providers from impermanent loss.

To enter the contest:

1. Tweet your meme @Bancor with the tags $BNT #AlwaysUseProtection

2. Share your tweet in the Bancor Telegram: t.me/bancor

🗳  Bancor community will vote for 1 winner.
🏆 Bancor team will select additional winners.

Learn how Bancor v2.1 protects liquidity providers from impermanent loss: https://bankless.substack.com/p/how-to-protect-yourself-from-impermanent

🔥 Bancor's TVL has crossed $100M! 🔥

TVL is up 7X since October as LPs discover the unique benefits of Bancor v2.1:

💧 single-asset exposure
💧 impermanent loss insurance
💧 $BNT liquidity mining

🏊‍♂️ Jump in the pools 👉 http://bancor.network

Guide: https://bankless.substack.com/p/how-to-protect-yourself-from-impermanent

https://twitter.com/Bancor/status/1338056939251625984?s=20

Bancor's Chainlink pool has grown rapidly since the launch of Bancor v2.1 & $BNT liquidity mining. LINK is now the 2nd largest pool (after ETH) with $9.6M in liquidity

Current APY:
📊 71.69% $LINK side
📊 263.14% $BNT side
📊 + swap fees

https://twitter.com/Bancor/status/1335895174417960960?s=20

Announcing the Bancor v2.1 Meme Contest!

🛡Theme: "Always Use Protection" 🛡

1,000 BNT in prizes for the best memes showcasing how Bancor v2.1 protects liquidity providers from impermanent loss.

To enter the contest:

1. Tweet your meme @Bancor with the tags $BNT #AlwaysUseProtection

2. Share your tweet in the Bancor Telegram: t.me/bancor

Deadline is 12PM Zug time, Monday, December 21.

🗳 Bancor community will vote for 1 winner.
🏆 Bancor team will select additional winners.

Learn how Bancor v2.1 protects liquidity providers from impermanent loss: https://bankless.substack.com/p/how-to-protect-yourself-from-impermanent

Bancor community member created a video explaining Bancor v2.1. Check it out:

https://twitter.com/MBRichardson87/status/1333303443516125184?s=20

Which will be the next tokens to join the 8-Figure Club on Bancor?

💸 $LINK $USDC $WBTC $DAI $USDT or $OCEAN? 💸

🔁 Retweet and tag your guesses for the next 3 pools to cross the $10M mark!

💰 The Bancor team will select 5 random winners to receive 20 $BNT each.

https://twitter.com/Bancor/status/1330854966332895240?s=20

⚡️ Don't forget about the Bancor V2.1 ELI5 Contest!

💰 2,000 BNT in prizes for the best Bancor V2.1 explainers 💰

8 days left — deadline is 12PM Zug time, Monday, Nov. 30th

More details on Telegram: https://t.me/Bancor