## Τι είναι το Bancor;

Το Bancor λειτουργεί ως ένα πρωτοποριακό πρωτόκολλο στον χώρο της αποκεντρωμένης χρηματοοικονομικής (DeFi), εστιάζοντας στη ρευστότητα και το αυτοματοποιημένο εμπόριο νομισμάτων. Ξεχωρίζει για την καινοτόμο προσέγγισή του στην επιτρεπόμενη άνευ ραφής μετατροπή διαφόρων κρυπτονομισμάτων μεταξύ διαφορετικών αλυσίδων χωρίς την ανάγκη για παραδοσιακές κεντρικοποιημένες ανταλλακτήρια. Αυτό το πρωτόκολλο διευκολύνει μια πιο άμεση και ασφαλή μέθοδο εμπορίας εκμεταλλευόμενο τη δύναμη της τεχνολογίας blockchain.

Στον πυρήνα του οικοσυστήματος του Bancor βρίσκεται το κύριο πρωτόκολλό του, γνωστό ως Carbon. Το Carbon εισάγει έναν αποκεντρωμένο μηχανισμό εμπορίας που ενδυναμώνει τους χρήστες να εκτελούν αυτοματοποιημένες στρατηγικές εμπορίας μέσω της χρήσης ορίων και εντολών εμβέλειας on-chain. Αυτή η δυνατότητα είναι ιδιαίτερα αξιοσημείωτη για την ικανότητά της να επιτρέπει στους χρήστες να συνδυάζουν εντολές, επιτρέποντας περίπλοκες στρατηγικές όπως αυτοματοποιημένες λειτουργίες αγοράς χαμηλά και πώλησης υψηλά. Ένα από τα κύρια πλεονεκτήματα του Carbon είναι η σχεδίασή του που διασφαλίζει ότι μόλις εκτελεστούν οι εντολές, δεν μπορούν να ανατραπούν, π

### Πώς εξασφαλίζεται το Bancor;

Το Bancor υιοθετεί μια πολυδιάστατη προσέγγιση στην ασφάλεια, εκμεταλλευόμενο τα εγγενή πλεονεκτήματα των πρωτοκόλλων αποκεντρωμένων χρηματοοικονομικών (DeFi) και της τεχνολογίας blockchain. Στον πυρήνα του, η ασφάλεια του Bancor είναι αγκυροβολημένη στο αποκεντρωμένο πρωτόκολλο ρευστότητας του, το οποίο διευκολύνει το αυτοματοποιημένο εμπόριο token χωρίς την ανάγκη για παραδοσιακούς μεσάζοντες. Αυτή η αποκέντρωση μειώνει σημαντικά τον κίνδυνο ενιαίων σημείων αποτυχίας, τα οποία είναι συνηθισμένα σε κεντρικοποιημένα συστήματα, ενισχύοντας έτσι τη συνολική ασφάλεια του οικοσυστήματος.

Το πρωτόκολλο Carbon, ένα κύριο συστατικό του οικοσυστήματος του Bancor, εισάγει ένα προηγμένο αποκεντρωμένο πρωτόκολλο εμπορίας που επιτρέπει στους χρήστες να εκτελούν αυτοματοποιημένες στρατηγικές εμπορίας απευθείας στο blockchain. Αυτές οι στρατηγικές περιλαμβάνουν προσαρμοσμένες εντολές ορίου και εύρους on-chain, οι οποίες μπορούν να συνδυαστούν για να αυτοματοποιήσουν τακτικές εμπορίας. Μια αξιοσημείωτη δυνατότητα του Carbon είναι η αντίστασή του σε επιθέσεις Miner Extractable Value (MEV) sandwich, μια συνηθισμένη εκμετάλλευση στις πλατφόρμες εμπορίας DeFi. Αυτή η αντίσταση επιτυγχάνεται μέσω του σχεδιασμο

### Πώς θα χρησιμοποιηθεί το Bancor;

Το Bancor λειτουργεί ως πρωτοποριακή δύναμη εντός του χώρου των αποκεντρωμένων χρηματοοικονομικών (DeFi), επικεντρώνοντας κυρίως στην ενίσχυση της ρευστότητας και της αποδοτικότητας συναλλαγών σε όλο το οικοσύστημα των κρυπτονομισμάτων. Η βασική του λειτουργικότητα περιστρέφεται γύρω από ένα πρωτόκολλο αυτοματοποιημένου δημιουργού αγοράς (AMM), το οποίο διευκολύνει τις ανταλλαγές διακριτικών χωρίς την ανάγκη για παραδοσιακά βιβλία παραγγελιών, μειώνοντας έτσι την ολίσθηση και παρέχοντας συνεχή ρευστότητα για μια ευρεία γκάμα διακριτικών.

Ένα από τα εξέχοντα χαρακτηριστικά του Bancor είναι η καινοτόμος προσέγγισή του στην αποκεντρωμένη ρευστότητα. Μέσω του πρωτοκόλλου του, οι χρήστες μπορούν εύκολα να μετατρέψουν διακριτικά απευθείας on-chain χωρίς την ανάγκη για μεσάζοντες, προωθώντας ένα πιο ασφαλές και αποδοτικό περιβάλλον συναλλαγών. Αυτό είναι ιδιαίτερα ωφέλιμο για μικρότερα, λιγότερο ρευστά διακριτικά που μπορεί να μην έχουν σημαντικό βάθος αγοράς σε παραδοσιακές ανταλλαγές.

Επιπλέον, το Bancor εισάγει μοναδικούς μηχανισμούς όπως η στοίχιση και οι ανταμοιβές για να κινητοποιήσει τους χρήστες να συμβάλλουν στις δεξαμενέ

### Ποια κύρια γεγονότα έχουν συμβεί για το Bancor;

Το Bancor έχει βιώσει αρκετές καθοριστικές στιγμές που έχουν διαμορφώσει σημαντικά την πορεία του εντός του τοπίου των κρυπτονομισμάτων. Αρχικά, το Bancor έκανε τίτλους με το Γεγονός Δημιουργίας Token το 2017, σηματοδοτώντας την επίσημη είσοδό του στην αγορά. Αυτό το γεγονός ήταν ένα θεμελιώδες βήμα για το Bancor, καθιερώνοντας την παρουσία του και προετοιμάζοντας το έδαφος για μελλοντικές αναπτύξεις.

Το 2018, το Bancor εξασφάλισε χρηματοδότηση από πρώτο γύρο, η οποία ήταν ένα κρίσιμο ορόσημο για το έργο. Αυτή η εισροή κεφαλαίου επέτρεψε την περαιτέρω ανάπτυξη και επέκταση των προσφορών του Bancor, επιδεικνύοντας την εμπιστοσύνη των επενδυτών στο δυναμικό και την όραση του Bancor.

Μία από τις αξιοσημείωτες τεχνολογικές προόδους του Bancor είναι η εκκίνηση του αποκεντρωμένου πρωτοκόλλου ρευστότητας. Αυτή η καινοτομία διευκολύνει την άμεση και ασφαλή συναλλαγή on-chain, βελτιώνοντας τη ρευστότητα και την προσβασιμότητα για τους χρήστες. Το πρωτόκολλο αποτελεί ένα κύριο συστατικό στο οικοσύστημα του Bancor, υπογραμμίζοντας τη δέσμευσή του στην αποκεντρωμένη χρηματοοικονομική (DeFi).

Επεκτείνοντας περαιτέρω το τεχνολογικό του μέτωπο, το Bancor παρουσίασε το Arb Fast Lane το 2022-2023. Αυτό τ



Bancor

Impermanent Loss: What Is It and How Can I Reduce Its Impact?

Crypto Outperforms Traditional Markets With DEX Tokens Leading the Way: A Data Perspective by IntoTheBlock

## What Is Bancor (BNT)?
Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Its main protocol, [Carbon](https://www.carbondefi.xyz/), is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem. 

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

## Relevant Articles: 
* [Carbon Website](https://www.carbondefi.xyz/)
* [Introducing Carbon](https://medium.com/carbondefi/introducing-carbon-1f41aebf634b)
* [Fast Lane](https://blog.bancor.network/the-bancor-arb-fast-lane-protocol-is-live-fe1300036ccf)
* [Carbon Whitepaper](https://www.carbondefi.xyz/whitepaper)
* [Carbon Litepaper](https://www.carbondefi.xyz/litepaper/)

Binance

Ledger

Coinbase

Trust Wallet

MetaMask

SolFlare

Backpack

Phantom

Atomic wallet

Ethereum

Shiba Inu

Chainlink

Uniswap

Pepe

dKargo

DAO Maker

HashAI

Phala Network

Dogelon Mars

Adventure Gold

Hashflow

Unizen

Forta

El Hippo

Musk Dao

X2Y2

Chintai

Nettensor

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

To learn more about this project, check out our deep dive of Ren.

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.

0x Protocol

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.

To learn more about this project, check out our deep dive of Balancer(https://coinmarketcap.com/alexandria/article/what-is-balancer.

The protocol operates a few types of pools:

Private pools give the owner governance over the pool, and make the person the sole contributor of liquidity to the pool. Also, all the parameters are mutable by the owner.

Shared pools are for those who want to become liquidity providers (LPs). The LPs are rewarded with the Balancer Pool Tokens (BPTs).

Smart pools are similar to private pools but are controlled by a smart contract. They also reward using BPTs and allow anyone to contribute liquidity to the pool.

Balancer

OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.

The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.

The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.

OMG Network

Civic is a blockchain-based identity management solution that gives individuals and businesses the tools they need to control and protect personal identity information.

The platform is designed to change the way we think about identity verification by giving users more control over their personal data, while allowing them to access a wide range of services without needing to fork over excessive amounts of personal information.

Civic's identity verification solution uses distributed ledger technology to authorize identity usage in real time, and is used to sparingly share information with Civic partners after authorization by the user.

Unlike some other identity management services, Civic users store all their sensitive data on their mobile device. Users are able to authorize the sharing of specific personal data by providing a biometric signature through the Civic app.

The Civic ecosystem is enabled by a unique utility token known as the Civic token (CVC), which is used for the settlement of identity-related transactions between Civic participants — such as between a customer and service provider.

Users can earn CVC tokens for completing a variety of tasks, such as signing up for a service through the platform or introducing new users, while validators can earn CVCs for validating documents for service providers.

Civic was launched in 2018, following a sell-out initial coin offering (ICO) the year prior.

Civic

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

Orchid (OXT) is the native token of Orchid, a cryptocurrency-powered virtual private network (VPN).

Launched in December 2019, Orchid describes itself as the world’s first incentivized, peer-to-peer privacy network.

Its aim is to overcome internet freedom limitations by using cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. This is done using so-called probabilistic nanopayments, which occur using OXT, an ERC-20 standard token on Ethereum.

Regular payments to providers occur off-chain, allowing Orchid to avoid problems with congestion and gas fees on the Ethereum network.

The service is pay-per-use, meaning that users only have to contribute funds when they actually connect, instead of paying monthly or annual fees.

Orchid

Apps use ICON to operate cross-chain seamlessly, build momentum and gain reputation. ICON's Cross-Chain Framework simplifies cross-chain development with its easy-to-use xCall messaging standard and connections to secure bridging protocols.

ICON

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.

Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.

Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.

yearn.finance

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.

This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.

For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.

Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Ontology

Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption.

In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.

Two years later, an updated white paper was published. Here, a decentralized network  — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.

People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens.

Storj

Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.

To learn more about this project, check out our deep dive of Basic Attention Token.

This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.

The Basic Attention Token itself is the unit of reward in this advertising ecosystem, and is exchanged between advertisers, publishers and users. Advertisers pay for their advertising campaigns in BAT tokens. Out of this budget, a small portion is distributed to advertisers, while 70% is distributed to users — whereas the intermediaries that typically drive up advertising costs are cut out of the equation to improve cost-efficiency.

Basic Attention Token launched in 2017 following one of the fastest sell-out initial coin offerings (ICOs) of all time, with the platform raising a total of $35 million in under a minute. Since then, it has rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.

As of November 2020, the United States, the United Kingdom and Canada had the most active advertising campaigns.

Basic Attention Token

Origin Protocol develops web3 technologies with the intention of bringing non-fungible tokens (NFTs) and decentralized finance (DeFi) to the masses. The protocol’s unique tooling and diverse partnerships help in realizing these goals. Origin Protocol has two flagship products: Origin Story (governed by OGN), and Origin Dollar (governed by OGV).

Origin Story is a white label NFT marketplace solution that works with disrupters in various sectors by leveraging non-fungible tokens. The platform hosts NFT marketplaces and tooling in various industries, including the real estate, profile picture, music, art and entertainment industries.

Some of Origin Story’s partners include Roofstock onChain, Pudgy Penguins, Sappy Seals, Paris Hilton, 3LAU, BT, Inspiration4, and The Doge Pound. Origin Story Marketplaces seek to cast a wide net in various industries being impacted by NFTs, rather than focusing on any one area in particular. Investors may see OGN as the ‘picks and shovels’ approach to investing in NFTs.

Origin Protocol

Aragon

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

To learn more about this project, check out our deep dive of Compound.

When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

Compound

Qtum (pronounced ‘“quantum”)  is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoinand Ethereumin one chain. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution and DApps. Recently, the platform added support for DeFi applications. As of March 2021, there are more than 20 tokens created on the Qtum blockchain.

To learn more about this project, check out our deep dive of Qtum.

The project was announced in March 2016 and held an ICO a year after, in March 2017, which brought its founders $15 million USD. The Qtum main chain was released on Sept.13, 2017. Initially, the Qtum coin was issued as a ETH-20 token, but with the launch of the mainnet, it was converted to native blockchain.

Qtum

Kyber Network is a multi-chain hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to deep liquidity pools that provide the best rates.

KyberSwap.com, its main DEX aggregator and liquidity platform, provides the best swap rates for traders in DeFi compared to individual exchanges. It also enables liquidity providers to maximize earnings via high capital efficiency. KyberSwap sources liquidity from multiple DEXes such as Uniswap, Sushi, Curve, QuickSwap, Pancakeswap, Traderjoe, Pangolin, SpookySwap, SpiritSwap, VVS Finance, Velodrome, GMX, and many others to achieve the best rates for traders on different chains. KyberSwap supports over 13 chains including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Optimism, Velas, Aurora, Oasis, BitTorrent, Ethereum PoW, and soon Solana.

KyberSwap is decentralized and permissionless, not requiring account sign-up or personal information. All transactions on KyberSwap are on-chain, which means transactions do not need a centralized third-party, like a centralized exchange, and they can be easily verified using the Ethereum or other chains’ block explorer.

Projects can build with KyberSwap to access its different features, such as the instant settlement of token swaps, liquidity aggregation for the best rates, liquidity pools, and a customizable business model. Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.

The Kyber Network Crystal (KNC) token is a utility and governance token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals - and earn staking rewards in KNC that come from trading fees. Investors in KNC include #Hashed, Signum Capital, ParaFi Capital, HyperChain Capital.

Kyber Network Crystal v2

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.

Curve DAO Token

SKALE, described as a modular blockchain network, is designed to bring scalability to Ethereum. SKALE is the only blockchain network capable of running an unlimited number of fast, on-demand, pooled-security Blockchains with zero gas fees to end users. These individual chains are known as SKALE chains and can be dapp-specific or shared.

The project’s website says it wants to enable people to build and run DApps in a “decentralized modular cloud built for real-world needs and configured for your requirements.” This emphasis on decentralization isn’t at the expense of security.

According to SKALE, those who build on this platform can run Solidity smart contracts “thousands of times faster at a fraction of the mainnet cost” — with games and content streaming services among the projects that already take advantage of its infrastructure.