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Description

Bancor serves as a protocol specifically designed for the development of Smart Tokens, representing a novel standard for cryptocurrencies that can be directly exchanged via their smart contracts. This on-chain liquidity protocol facilitates automated and decentralized trading on both Ethereum and other blockchain platforms. The Bancor Protocol operates entirely on-chain and is applicable to any blockchain that supports smart contracts, making it versatile. As an open-source standard for liquidity pools, it provides a crucial interface for automated market-making, allowing for the buying and selling of tokens through a smart contract mechanism. Currently, the Bancor Network is functional on the Ethereum and EOS blockchains, although it is built with the capacity to support additional blockchains in the future. Its design allows for seamless integration into various applications that facilitate value transfer. Furthermore, the implementation is not only open-source and permissionless but also invites contributions from ecosystem participants to continually improve and expand the capabilities of the Bancor Protocol, fostering a collaborative environment for innovation in decentralized finance.

Description

Liquity is a decentralized lending platform that enables users to obtain loans at a 0% interest rate by using Ether as collateral. These loans are issued in LUSD, a stablecoin pegged to the US dollar, and borrowers must maintain a minimum collateral ratio of just 110%. The loans are further secured by a Stability Pool that consists of LUSD and by other borrowers who act as guarantors in case of default. For those interested, more information about these safety mechanisms can be found under the Liquidations section. As a protocol, Liquity operates without custody, is immutable, and does not have any governance structures in place. The core philosophy of Liquity emphasizes that its product layer is as decentralized as the smart contracts it employs. Frontend operations are managed by independent third-party operators who are motivated by LQTY rewards. Liquity was launched as a fully operational system designed to function independently, without the need for human oversight. Importantly, the contracts cannot be altered or upgraded, ensuring that no individual possesses special privileges within the system, thereby maintaining its integrity and trustlessness. This commitment to decentralization reinforces the foundational principles of blockchain technology.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Exponential DeFi Yes 
Parsec Yes 
Token Terminal Yes 
0x Yes 
DeFi Explore No 
Droidex Yes 
Eidoo Wallet Yes 
Fortmatic Yes 
Hedge3 Turnkey Wallet Yes 
Kattana Yes 
Koinly Yes 
MetaMask Yes 
Trezor Yes 
Unilayer Yes 
WalletConnect Yes 
YouHodler Yes 
ZenLedger Yes 
Zerion No 
pTokens Yes 
rotki No 

Integrations

Exponential DeFi Yes 
Parsec Yes 
Token Terminal Yes 
0x No 
DeFi Explore Yes 
Droidex No 
Eidoo Wallet No 
Fortmatic No 
Hedge3 Turnkey Wallet No 
Kattana No 
Koinly No 
MetaMask No 
Trezor No 
Unilayer No 
WalletConnect No 
YouHodler No 
ZenLedger No 
Zerion Yes 
pTokens No 
rotki Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Pricing Details

0.5% Fee
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Bancor

Founded

2016

Country

Switzerland

Website

app.bancor.network/eth/data

Vendor Details

Company Name

Liquity

Founded

2020

Website

www.liquity.org

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