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  • Bancor Basics
    • What is Bancor?
  • Bancor DAO
    • What is the Bancor DAO?
    • How do I join the Bancor DAO?
    • Creating a Bancor Improvement Proposal (BIP)
    • Bancor Governance Voting Guide
    • Quorum and supermajority requirements
    • What is the governance contract address?
  • Vortex
    • How do I trigger the BNT Vortex?
  • Bancor AMM
    • AMM: Automated Market Maker
    • Trade
      • What fees do I have to pay when I trade?
      • Price Impact
      • Do I need to own BNT tokens in order to make a trade?
      • Price slippage
      • Token approval: Approve vs Approve Limited Permission
    • Transactions & Metamask
      • Connect your Web3 Wallet to Bancor
      • MetaMask Setup Guide
      • Where can I view my transaction history for tax purposes?
      • Interacting with Bancor: associated gas fees breakdown
      • I'm getting a MetaMask "ALERT" error. Should I proceed?
      • My transaction is pending/ stuck for a long time. Is there anything I can do?
      • Why did my transaction complete but the trade or deposit did not finalize?
      • How do I import my existing wallet to MetaMask using my private key/JSON file?
    • Bancor 3 Mechanics
      • Bancor 3 Mechanics - #1 Swap
      • Bancor 3 Mechanics - #2 Withdrawal
      • Bancor 3 Mechanics - #3 Overview of Deficit and Surplus on Bancor 3
      • Pause of BNT Distribution
    • Portfolio
      • Withdrawal Guide
    • Can I sell my vBNT or transfer it to a different wallet?
  • Resources
    • DeFi 101
      • Ethereum/ Web3 wallets
      • Hardware wallets
    • Security
      • Access to the bancor.network Website
      • Bancor Bug Bounty
      • Security tips
    • Community
      • Communication channels
      • I have more questions, where can I go?
    • Research & Academic papers
  • Disclaimer
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  1. Bancor Basics

What is Bancor?

NextWhat is the Bancor DAO?

Last updated 1 year ago

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Bancor is an ecosystem of decentralized protocols that promote onchain trading and liquidity. Bancor has always been at the forefront of DeFi innovation, beginning in 2017 with the invention of bonding curves, pool tokens, and the AMM - which still remain extensively used across the industry.

Its flagship protocol, , is a decentralized trading protocol allowing users to perform automated trading strategies using custom onchain limit orders and range orders, with an innovative offering of recurring orders - a novel trading strategy consisting of two linked orders, one to buy and one to sell. When one order is filled, newly acquired tokens automatically rotate and fund the opposite order, continuously compounding profits with each rotation.

By design, Carbon DeFi's novel limit, range, and recurring orders are irreversible on execution and easily adjustable directly onchain. These capabilities give users an unprecedented level of control and automation to perform trading strategies onchain.

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

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

Carbon
DeFi
Arb Fast Lane