Bancor
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.