Hello Celo!
Carbon DeFi: Next-Gen Trading on CeloCarbon DeFi, now live on Celo at celo.carbondefi.xyz, is a sophisticated yet simple to use DEX (decentralized exchange) that expands beyond the capabilities of traditional orderbooks, bringing an unparalleled trading experience to the Celo network.Key HighlightsZero Trading & Gas Fees for MakersMakers benefit from zero trading and gas fees on executed orders, making it a cost-effective solution for high-frequency traders.MEV Sandwich Attack ResistanceThanks to its advanced technology, Carbon DeFi protects orders from sandwich attacks ensuring secure and efficient trading.Suite of Order TypesExplore a wide range of orders, from simple to sophisticated, including limit, range, concentrated liquidity, and Carbon DeFi’s signature recurring buy/sell strategies.Zero SlippageHave full control over the prices at which they want to trade, offering flexibility and precision in executing trading strategies.Custom Fee TiersChoose a custom fee tier, AKA spread, to determine your own profit margin.Auto-compounding FeesConcentrated positions on Carbon DeFi auto-compound your profits.On the Fly AdjustabilityEasily edit prices, budgets, and more without having to withdraw, redeposit, and recreate positions allowing you to move as quickly as the market does.Linked LiquidityCarbon DeFi features linked orders with liquidity that automatically rotates between them. As one order fills, new tokens fund the opposite order, ensuring continuous trading activity.Portfolio AnalyticsCarbon DeFi offers you the most comprehensive position analytics of any DEX with real-time trading activity and fully exportable history as a CSV format.Built-in Solver NetworkThe integration of Bancor’s Arb Fast Lane acts as an execution bot/solver, optimizing arbitrage opportunities and enhancing liquidity across trading venues, ensuring your trades are executed swiftly and efficiently.A Win-WinThe excitement surrounding the deployments of the Arb Fast Lane and Carbon DeFi extends beyond Celo and Bancor. These initiatives were made possible by a unanimous decision from the Bancor DAO on a proposal highlighting the Credit Collective’s strong interest and commitment to ensuring deep liquidity in Carbon DeFi. The support from the Credit Collective, a global network of builders, investors, LPs, and visionaries dedicated to developing next-generation credit solutions, underscores the importance of this initiative.“The deployment on Celo is unique, thanks to its specific use case,” explains Tomer Bariach, CEO of the Credit Collective. “The combination of Celo’s focus on the real-world adoption of stablecoins and Bancor’s tools is exactly what’s needed to drive widespread acceptance.”Looking AheadBancor is not only enhancing its ecosystem — a testament to its commitment to growth and innovation — but also contributing to Celo’s vision of a decentralized and inclusive financial future, along with the Credit Collective’s focus on the real-world adoption of stablecoins.Bancor’s recent deployment on Sei v2 demonstrates its capability to drive significant advancements. If this is any indication of what’s to come on Celo, the future looks promising.Stay tuned for more updates as Bancor continues to expand, grow, and redefine the landscape of decentralized finance. The journey has just begun, and exciting developments are on the horizon!