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Friday, August 7, 2020

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Home Business & Finance Decentralized Exchange Bancor Officially Launches Upgraded V2 Platform

Decentralized Exchange Bancor Officially Launches Upgraded V2 Platform

Document Analysis NLP IA

180
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0:54
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neutral
sentiment

Sentiment-0.022433035714286
objective
redaction

Subjectivity0.46026785714286
probably it's an affirmation
Affirmation0.46153846153846

Highlights

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Key Concepts (and relevance score)

Summary (IA Generated)

The Bancor project has launched a heavily upgraded version of its decentralized exchange, promising to solve what it calls “DeFi’s dirty little secret.

As Cointelegraph previously reported, the exchange mitigates the issue of impermanent loss, where liquidity providers could lose some of their money as prices for particular assets fluctuated.

Furthermore, the project divided the single pool token representing the collective value of a particular exchange pair, so that users are no longer obligated to be exposed to two assets at the same time.