Bancor

  • DeFi
  • Project
  • Protocol
  • Infrastructure
  • DEX

Bancor, a decentralized exchange (DEX) built on the Ethereum network, has started an on-chain trading platform, Carbon.

The release comes after Bancor’s decentralized autonomous organization (DAO) issued a proposal of the deployment on Ethereum, with 100% of the votes in favor of launching. Bancor uses an automated market maker (AMM) smart contract, a mechanism designed to provide liquidity to markets,

Carbon’s aim is to make trading on DEX easier and more advanced through trading functionality of a centralized exchange (CEX) but with the access and transparency of AMMs, according to the press release.


Name

Bancor

Description

An ecosystem of decentralized, open-source DeFi protocols that foster on-chain trading and liquidity.

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