Transformation in Motion
The Beginning of a New EraI know, I know. This blog is long overdue, and I promise to never keep you waiting this long again, especially when so much is happening in the Bancor ecosystem.The first half of the year has been absolutely packed with significant milestones and exciting developments. With numerous licensees, multi-chain expansions, and strategic collaborations, Bancor is building some serious momentum.Key highlights include:Ecosystem Expansion, including five deployments of Carbon DeFi and five deployments of the Arb Fast LaneNew Features and UpgradesIntegrations and CollaborationsEvents and ConferencesNote-worthy MomentsAnd much moreBancor deploys the Arb Fast Lane on Fantom alongside Graphene, a third party deployment of the smart contracts powering Carbon DeFi.Bancor Expands to FantomJust one month after making their debut on Base, their first Layer 2, Bancor technologies have swiftly expanded their presence to the Fantom network! The Arb Fast Lane Protocol and the smart contracts powering Carbon DeFi are now operational on Fantom, a highly flexible and efficient network with a growing decentralized finance (DeFi) ecosystem.Bancor deploys the Arb Fast Lane on Mantle.Decentralized Arbitrage Trading Now Available on MantleThe Arb Fast Lane is an open-source and permissionless trading bot which, in comparison to DIY methods, requires far less technical knowledge, enabling the Mantle community to participate in automated arbitrage opportunities.Graphene, a third party deployment of the smart contracts powering Carbon DeFi, goes live on Mantle.Carbon DeFiâs Orderbook-like Tech, Now Live on MantleThe Mantle community now has access to a full suite of superior orderbook-like capabilities and is currently being rewarded with MNT, thanks to the launch of Velocimeterâs Graphene!Bancor technologies go live on Sei v2.Bancor Launches its Orderbook-like DEX on Sei v2Dr. Mark Richardson, Bancor Project LeadâCarbon DeFi and Sei v2 reject the status quo and are bold enough to push the envelope farther than anyone thought possible. It is an exciting time for DeFi.âBancor deploys the Arb Fast Lane on Linea.Bancorâs Permissionless Arbitrage Trading Bot Expands to LineaIn addition to the common mission in making resources more accessible, expanding to Linea represents a strategic move to reinforce Bancorâs vision, to support upcoming licensed Carbon DeFi contract deployments, and to establish itself within a thriving blockchain with increased adoption and liquidity.FusionX welcomes SUPERNOVA, a new product powered by Carbon DeFi.New Features and UpgradesThe Simulatorâ from a tool used to explain Carbon DeFi to an invaluable asset within Carbon DeFi.Unveiling the Carbon DeFi SimulatorThe simulator, seamlessly integrated into the user interface (UI), allows users to backtest their trading strategies against historical market data, offering valuable insights into how they would have performed in the past.The simulator equips users with the ability to assess potential profitability and risk, refine their approach, and make informed decisions before allocating capital to live trades.Tailor information to your exact needs with various filter options and a one-click CSV export feature.Activity TrackerCarbon DeFi users can dive deep into the trading activity linked to their strategies along with a birdâs eye view of the trading activities system-wide, all updated in real time every 30 seconds, and conveniently exportable through a CSV file.Backtest your Concentrated Liquidity position with auto-compounding fees, and custom fee tiers and ranges.Concentrated Liquidity 2.0The Carbon DeFi Simulator gains support for Concentrated Liquidity, allowing users to experiment with their personal price parameters and custom fee tier, and backtest their strategies before deploying real capital.Integrations and CollaborationsHummingbot x Carbon DeFiHummingbot DAO unanimously votes for a Carbon DeFi integration, allowing for the Hummingbot community to automate trades as takers of the system.Conferences and EventsSatoshi RoundtableDr. Mark Richardson, Bancor Project Lead hosted two workshops to discuss DeFi on Bitcoin Layer 2s at the Satoshi Roundtable, an annual gathering of the industryâs key players in an informal, yet private environment where participants freely discuss current events, obstacles, and opportunities in the blockchain space.TE Academy Study Season 2024â Dr. Mark Richardson âDeFiâs Concentrated Liquidity from ScratchâDr. Mark Richardson is one of the esteemed experts invited to lead a lecture series track during Token Engineeringâs new TE Academy Study Season.Bancor contributors Mark Richardson and Jen Albert are announced as speakers at EthNapul Open Village.Carbon DeFi reaches $1M TVL on Sei v2.Bancor is among the Top 10 DEXes with the highest trading volume growth.Binge-Worthy BlogsGrab a cup of coffee and cozy up with the latest Bancor blog posts.Popcorn-Worthy VideosSettle in and get ready for some cinematic Bancor content.Looking to the FutureThe momentum from the first half of the year has been incredible, setting the stage for continued development and ecosystem growth.With additional collaborations, the continued expansion of Carbon DeFi and the Arb Fast Lane, and new licensees joining the fold, Bancorâs future looks brighter than ever.Keep an open eye for more updates, product and feature releases, and even more exciting announcements as the Bancor ecosystem continues to expand and thrive. Exciting times ahead, stay tuned!The Arb Fast Lane and Carbon DeFi are products of Bancor and governed by the Bancor DAO.