Thread by @Bancor

Today we are thrilled to announce Bancor Protocol’s 2nd major version — #BancorV2.

Full specs will be shared leading up to V2's planned release in Q2 2020.

📚 Learn more: ban.cr/V2

👇 Thread 👇

1/ #BancorV2 introduces:

⛓ A new AMM liquidity pool integrated w/@chainlink that eliminates impermanent loss

💧 The option to provide liquidity with 💯% exposure to a single token

🎢 A more efficient bonding curve that reduces slippage

💱 Support for #DeFi lending protocols

2/ These features address 4 key issues cited as obstacles to the widespread adoption of AMMs:

🔑 Exposure to “impermanent loss”
🔑 Exposure to multiple tokens
🔑 Capital inefficiency (i.e., high slippage)
🔑 Opportunity cost of providing liquidity

#BancorV2

3/ #BancorV2 is flexible & all features are opt-in.🤸‍♀️

Users can choose to create & fund AMMs with all, some or none of the new features.

4/ We look forward to sharing more details on #BancorV2 leading up to its scheduled release in Q2 2020, along with documentation & open source code.

fin