ParaFi Invests in BNT to Advance Bancor Protocol Growth

This article was first published on Bancor - Medium
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We are excited to announce that ParaFi Capital, a DeFi-focused investment firm, has invested in the Bancor Network Token, BNT. This strategic investment aims to further Bancor’s mission of enabling global, permissionless on-chain liquidity.

Santiago Roel Santos, partner at ParaFi Capital, said: “We believe Bancor v2 is a step function improvement in the automated-market maker (AMM) space. With trade volume and liquidity rapidly moving into AMM-based markets, we believe Bancor is uniquely positioned to benefit from this underlying market shift. We are thrilled to be involved with the Bancor ecosystem during the protocol’s next phase of growth.”

Nate Hindman, head of growth at Bancor Protocol, said: “With their deep experience in DeFi and institutional markets, ParaFi’s involvement will bring substantial expertise as we prepare to scale Bancor v2, release the BancorDAO and deploy BNT Liquidity Mining.”

Bancor’s Path to Decentralization & Growth

1. Bancor V2

At the time of writing, Bancor v2 is in beta with two pools live, LINK and REN, each with $1M temporary liquidity caps. The pools are undergoing stress-testing with limited supply — and early results are promising: v2 pools offer the lowest slippage and competitive prices in the DEX market with only a fraction of the liquidity.

As we prepare to scale Bancor v2, ParaFi is providing hands-on feedback on the AMM model and usability for both retail and institutional users.

2. BNT Liquidity Mining

ParaFi brings a wealth of DeFi expertise and they will be involved in designing and voting on the model for BNT Liquidity Mining, whereby users earn BNT for providing liquidity to Bancor pools. BNT Liquidity Mining will be among the first Bancor Improvement Proposals (BIPs) to be voted on by the BancorDAO.

About ParaFi Capital

ParaFi Capital is a crypto-asset investment firm with a fundamental, multidisciplinary approach to investing in the blockchain and ...

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