Bancor has been seeing a steady increase in TVL!
Since Bancor v2.1 launched TVL has grown 1000%, driving $4.48M in annualized fees.
— Bancor (@Bancor) January 14, 2021
The value of fees earned by the protocol is 5X higher than the cost of IL protection.
Meaning, Bancor has protected LPs from IL while generating profits for $BNT holders.https://t.co/TBGKQdht0Y pic.twitter.com/gTCxGi8lPT