DeFi Insight — Bancor V3 released

Figure 1: Bancor Defilama entry (source: https://defillama.com/protocol/bancor)

How Impermanent Loss Protection works

Figure 2: Bancor V3 changes (source: shorturl.at/pIS24)

More perks for Bancor 3 users

The classification of Bancor (BNT) according to the ITC

Figure 3: The BNT Tokenbase entry (Source: https://itin.itsa.global/YZF5C6M89)

The International Token Standardization Association (ITSA) e.V.

  • The International Token Identification Number (ITIN) is a 9-digit alphanumeric technical identifier for both fungible and non-fungible DLT-based tokens. Thanks to its underlying Uniform Token Locator (UTL), ITIN presents a unique and fork-resilient identification of tokens. The ITIN also allows for the connecting and matching of other media and data to the token, such as legal contracts or price data, and increases safety and operational transparency when handling these tokens.
  • The International Token Classification (ITC) is a multi-dimensional, expandable framework for the classification of tokens. Current dimensions include technological, economic, legal, and regulatory dimensions with multiple sub-dimensions. By mid-2021, there will be at least two new dimensions added, including a tax dimension. So far, our classification framework has been applied to 99% of the token market according to market capitalization of classified tokens.
  • ITSA’s Tokenbase currently holds data on over 21000 tokens. Tokenbase is a holistic database for the analysis of tokens and combines our identification and classification data with market and blockchain data from external providers. Third-party data of several partners is already integrated, and API access is also in development.

Remarks

--

--

--

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Recapitulation of TAODAO FINANCE PROJECT AMA event held at AMA LOVERS CLUB.

Get the BAND ready - Try BAND staking and Fixed savings!

I don’t think Bitcoin will become a global currency, nor will it replace the U.S.

Linear Finance Partners with Tellor for Scalable and Decentralized Ethereum Oracles

GT Listing at Soda DeFi Platform and Deposit GT to Earn SODA

THE PROFITS FROM DEFI

What are the positive impacts of cryptocurrency?

Are Price Predictions Bad for Bitcoin?

bitcoin price predictions

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
International Token Standardization Association

International Token Standardization Association

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

More from Medium

Defi Insight: InstaDapp protocol

Adding SPA/USDs Liquidity on Uniswap

Avoiding Rug Pulls at Web3, Part 1: Tech

Will the impermanent loss of a multi-token pool really be lower?