.Bancor has released Bancor 3, which has new features designed to making staking easier. shauryamalwa reports.
Liquidity pools and staking product Bancor has released its"Bancor 3" protocol, which has new features meant to provide easier staking, the company said in a release shared with CoinDesk on Wednesday.
“By helping token projects and their users safely and simply tap into DeFi yields, Bancor 3 enables robust and resilient on-chain liquidity markets that drive healthy token economies,” Richardson added. Single-sided staking consists of earning yields on just one token provided by a user to a Bancor pool to maintain 100% exposure to that token. A single-sided"pool token" will be issued to users in return, with these tokens rising or falling relative to the prices of the underlying tokens.
The auto-compounding features reinvest earnings back into the pools to generate higher returns. Meanwhile, dual rewards refer to third-party token projects and partners that can incentivize user liquidity and activity on Bancor.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tucker Carlson Goes Full-Bigot To Assess Karine Jean-Pierre's QualificationsThe Fox News host spewed a demeaning hot take on the new White House press secretary.
Leer más »
'I Have No Idea How to Fly': Passenger Lands Plane After Pilot Goes 'Incoherent'A passenger with no flying experience managed to land a small plane at a Florida airport after the pilot suffered a medical emergency during the flight.
Leer más »
Fans defend Kehlani after 'cringey' and 'invasive' radio interview goes viral'God bless you ... & don'tplaywitme,' Kehlani wrote on social media while addressing a radio interview that went viral for all the wrong reasons.
Leer más »
Proposed Ban on Flavored Nicotine Goes Up in Smoke at LegislatureProposal to ban flavored tobacco products goes up in smoke at the Colorado Legislature.
Leer más »
Bullet goes through window of Virginia attorney general’s officesNo one was reported injured, and the bullet was found Monday night by housekeepers in the building near the state Capitol that houses the offices.
Leer más »
In drought-ravaged California, water use goes up dramaticallyIt was the most water Californians have used in March since the middle of the previous drought in 2015.
Leer más »