[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem

[ijd_crypto]

2 important proposals passed in the Bancor DAO:

- Allow the Bancor protocol to grow TKN trading liquidity via an external trigger:
https://gov.bancor.network/t/proposal-allow-the-bancor-protocol-to-grow-tkn-trading-liquidity-via-an-external-trigger/3762

- Route the Vortex Burner through the V3 pool:
https://gov.bancor.network/t/proposal-route-the-vortex-burner-through-the-v3-pool/3738:

The Bancor V3 vBNT/BNT pool has larger trading liquidity than its V2.1 counterpart meaning that the price impact of utilizing the V2.1 pool is higher for all vBNT burn operations. The Bancor Vortex serves an important purpose in the protocol and is utilized to alleviate the deficit.

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[Matt.Amazix]

☎️ Tune in to the Bancor Community Call today at 3PM UTC on Telegram Voice Chat

https://twitter.com/Bancor/status/1551143352757796865

[Matt.Amazix]

Dear Bancorians 🌪

New proposals live on Snapshot!

Vote now: https://vote.bancor.network/#/

- Enable Deposits Exclusively On-chain
- Enable deposits for CROWN, increase trading liquidity
- Grow trading liquidity on $USDT v3 pool to its max (~3.4m) via external trigger
- Grow trading liquidity on $PHTR v3 pool to its max (~$454K) via external trigger
- Grow trading liquidity on $MONA v3 pool to its max (~$286K) via external trigger
- Increase Trading Fee in steps on the LPL pool from 1% to 5%
- Repatriate PDI funds from external IL protection

[ijd_crypto]

Highlights:

- On-chain deposits re-enabled
- Grow trading liquidity in targeted pools $USDT $PHTR $MONA
- New listing $CROWN w/ external ILP
- 4M $vBNT burned
- Analytics Integration w/ @Candlestick_io & @MessariCrypto
 
https://twitter.com/Bancor/status/1555509206853492736

[ijd_crypto]

🌐 Ecosystem
- UI deposits re-enabled
- Proposed (https://gov.bancor.network/t/proposal-update-whitelisting-requirements/4049) upgrade to whitelisting requirements
- Analysis (https://gov.bancor.network/t/analysis-of-bancor-the-merge/4042) of Bancor and the ETH Merge
- Defi Llama Integration live

🏆 Milestones
- ~385k vBNT so far burned in August
- ~613k BNT to be swapped for vBNT and burned


🗳 Governance
- Proposal (https://bancor.medium.com/bancor-update-week-of-august-22nd-2022-59e525963b71): Increase BNT trading liquidity on the ACRE/BNT pool to 100K

☎️ Community Call
Listen to the recording of this week's call with Crown Capital DAO (https://www.youtube.com/watch?v=HozvZZz0ATc) and be sure to join our next community call on 11th Sept Sunday at 3pm UTC, on Telegram Voice.

🐥 Retweet (https://twitter.com/Bancor/status/1563210917193531392)

🔗 Bancor App (http://app.bancor.network/) | Twitter (http://www.twitter.com/bancor) | Discord (https://discord.gg/XgV2aQdP6q) | Medium (https://bancor.medium.com/) | Reddit (http://www.reddit.com/r/bancor) | YouTube (https://www.youtube.com/c/BancorProtocol)

[ijd_crypto]

- @0xProject Integration Live
- The #EthereumMerge Update
- $BNT and $vBNT Burn Update
- @DefiLlama Tracks V2.1 on DEXs Dashboard
- Bancor Simulator Tutorials
- Bancor DAO Discussions on Discord

https://twitter.com/Bancor/status/1568346852298313734

[Matt.Amazix]

#Bancorians,
Join us today at 3PM UTC for the #Bancor community call on telegram ☎️
https://t.me/bancor

[Matt.Amazix]

⚡️ Carbon DEX: An Update to the Bancor DAO & Community

➡️Checkout the Blog:
https://blog.bancor.network/carbon-dex-an-update-to-the-bancor-dao-community-6674c648a8a5

✍️ Read in Bancor Governance an update to the Bancor DAO & community - Discourse
https://twitter.com/Bancor/status/1599352260365950976?s=20&t=3GHwXt9z2ZZjYrbguiXCjA

Here's a snippet "Pending DAO approval, Carbon will generate protocol-earned fees that can be used to restore reserves in Bancor v2.1/v3"

[Matt.Amazix]

Bancor DAO Discussion #3 (November 30, 2022): Carbon Q&A

https://medium.com/carbondefi/bancor-dao-discussion-3-november-30-2022-carbon-q-a-9136293ffe9a

[Matt.Amazix]

🗳


On December 20th, 2022, renBTC and other REN v1 assets ($renDOGE, $renZEC, etc...) will no longer be able to be bridged back to their native networks due to REN protocol sunsetting its V1 network. It is recommended for Bancor LPs to withdraw these tokens and bridge them back to their native chains.

https://twitter.com/renprotocol/status/1600559366440390657

A proposal is currently in Bancor governance to rescue protocol owned renBTC, see https://gov.bancor.network/t/proposal-rescue-any-available-value-from-protocol-owned-renbtc-in-v3/4164

➡️ Due to the urgency of the situation, the Rescue any available value from protocol owned renBTC in V3 proposal is currently LIVE on Snapshot!

[Matt.Amazix]

 Bancorians

📞 Community Call today, Monday, Dec 19 at 5PM CET / 11AM EST in our Discord.

➡️ Join for a presentation on various trading strategies, as they're demonstrated on popular YouTube channels vs how they can be performed on Carbon. Set your reminder and have a wonderful weekend!

https://discord.com/events/476133894043729930/1053367861021773845

[Matt.Amazix]

🎙 DAO Discussions: Is Carbon an AMM?

🤔 Is Carbon a new type of AMM design? Is it an order book? With its unique features & design, Carbon's been difficult to define. Let's discuss...

🗓 Wednesday, Dec 28

⏰ 1 PM EST / 10 AM PST

🚨 Set your reminder -> https://discord.com/events/476133894043729930/1056813422135742494

[Matt.Amazix]

Dear Bancorians,

 The most recent DAO Discussion,
 Learn to use the alpha build of the strategy simulator:
https://youtu.be/Uk2CWiDXBxA
and
 Community Call, Carbon Milestones and Beta Launch Update:
https://youtu.be/VWcp7r9wULc
are both now up on YouTube.

In addition, a TL;DR from the community call has been posted on governance.

[Matt.Amazix]

Bancorians,

🗳 Proposal: Improved Value Capture and Fast Lane POC is now on Snapshot!

Be sure to vote before 12PM EST Wednesday, February 8th!

https://vote.bancor.network/#/proposal/0x81a10363baa0af61879e9b67142d17a8c23157c7a2a6259e36eb72192f6ab791

[Matt.Amazix]

Trading DeFi Narratives with Carbon Range Orders
Lately we've seen a pattern in the crypto markets. Regulators take action against a centralized crypto service and its DeFi counterpart pumps.

How could you have used Carbon to trade the news?
https://twitter.com/NateHindman/status/1625557182933569542

[Matt.Amazix]

Join us every Friday at 12PM EST on the Bancor Discord Stage for a Coffee Break:

A casual call with contributors and community members discussing Carbon, trading strategies, and all things DeFi  ☕️🗿🥂

Set your reminder -> https://discord.com/events/476133894043729930/1093205677138264218

[Matt.Amazix]

Don't miss Dr. Mark Richardson's keynote at this year's Crypto Valley Conference. 

The Changing Landscape of On-Chain Liquidity

🗓 June 1

⏰ 7:45 AM UTC

Tune in to the livestream -> https://cryptovalleyconference.com/streaming