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Bancor
Description
Bancor is a decentralized network of on-chain automated market makers (AMMs) providing instant, low-cost trading, as well as Single-Sided Staking and 100% Impermanent Loss Protection for any listed token. It was the first DEX to use an AMM to enable swaps between Ethereum-based tokens, and was designed to create permissionless token trading markets for the growing token economy.
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