Ethereum World News
2022-06-20 11:58:40

“Hostile Market Conditions” Force Bancor (BNT) To Suspend Impermanent Loss Protection

Bancor has suspended impermanent loss protection, citing hostile market conditions. The feature will be reactivated when markets stabilize. Bancor is the latest entity to take action as the effects of the bear market grow. The Bancor decentralized exchange is suspending its impermanent loss protection feature as it too begins to feel the effects of the bear market. Citing “hostile market conditions,” Bancor said that it would temporarily pause the feature and reactivate it as soon as the market returns to […]

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