Lock & win OCEAN at Bancor
Registration mean safer and better returns for liquidity providers
The OCEAN token don dey approved in Bancor v2.1. This mean sey users fit now lock their OCEAN and earn exchange fees, while dey maintain 100% exposure to the OCEAN token and with protection against temporary loss .
This mean safer and better returns for liquidity providers, without to split your OCEAN inside separate reserve asset (such as ETH) and to dey live in fear sey price changes go reduce the value of your original lock.
Bancor's BNT Liquidity Mining (LM) program get primary objectives:
To attracting new liquidity to Bancor's common funds,
To creating stability to provide incentives for long-term liquidity.
With more liquidity, Bancor fit earn more conversions in the market, wey go creates more rewards for liquidity providers (LPs) and lead to an increase in Annual Rate of Return (APY) and protocol revenue.
Note sey temporary loss protection go start 30 days after your deposit, at 30%, and gradually increases by 1% per day until you reach 100% protection. You can fit always withdraw your liquidity at any time before this - however, you go dey exposed to the same risk of temporary loss wey exists in a regular Common Automated Trader (AMM) shared fund.
About the Ocean Protocol
The mission of Ocean Protocol na to launch a Web3 Data Economy wey will go reach the world, to give power back to data owners and allow people to gain value from data to improve our world.
Data na new asset class - the Ocean Protocol go unlocks hin value. Data owners and consumers dey use the Ocean Market app to publish, discover and consume data assets in a secure way, while dey maintain privacy.
Ocean data tokens dey convert data into data assets. This go enable data portfolios, data exchange and data cooperatives, to utilize cryptocurrency wallets, bills of exchange and other tools for Decentralized Economy (DeFi). The projects go use Ocean and OCEAN libraries in their own applications to fit help promote the Data Economy.
The OCEAN token dey used to lock in data, govern the funding of the Ocean Protocol community, and buy and sell data. Its supply dey distributed over time to promote short-term growth and long-term sustainability. OCEAN dey designed to increase with increasing volume of use.
Visit oceanprotocol.com to learn more.
About the Bancor Protocol
The Bancor Protocol na fully integrated on-chain liquidity protocol wey fit dey applied to any blockchain wey supports Smart Contracts. The Bancor Protocol na open source template for shared liquidity funds, wey in turn dey provide an end point for automated market creation (buying / selling tokens) over a Smart Contract.
The Bancor Network dey currently operate on Ethereum and EOS blockchains, but the protocol dey designed to be interoperable for additional blockchains.
Our implementation fit dey easily integrated into any application wey allow the exchange of values.
Our implementation na open source and without rights and ecosystem participants dey encouraged to contribute to and improve the Bancor Protocol.
You fit learn more about the Bancor Protocol specifications and implementation and find various usage guides and usage guides as well as frequently asked questions in these documents: