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Home DeFi

Motion in Transformation

Jen Albert by Jen Albert
July 24, 2024
in DeFi
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Bancor– 2024 H1 Highlights


I 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 setting the stage for an exciting future!

Key highlights include:

Ecosystem Expansion, including five deployments of Carbon DeFi and five deployments of the Arb Fast Lane
New Features and Upgrades
Integrations and Collaborations
Events and Conferences
Note-worthy Moments
And much more

Ecosystem Expansion

Bancor deploys the Arb Fast Lane on Base alongside Graphene, a third party deployment of the smart contracts powering Carbon DeFi.

Now Live on Base

Two major Bancor developments made their debut on their first L2. The Arb Fast Lane Protocol and the smart contracts at the heart of Carbon DeFi are now operational on Base, signaling a new chapter for the Bancor ecosystem, and liquidity providers and traders on Base, a popular Ethereum Layer 2 using Optimism’s technology stack.

Carbon DeFi’s smart contracts made their way onto Base with the official launch of “Graphene” by Velocimeter, the first third-party DeFi protocol to license Carbon DeFi’s technology.

Bancor deploys the Arb Fast Lane on Fantom alongside Graphene, a third party deployment of the smart contracts powering Carbon DeFi.

Bancor Expands to Fantom

Just 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 Mantle

The 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 DeFi’s Orderbook-like Tech, Now Live on Mantle

The 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 Velocimeter’s Graphene!

Bancor technologies go live on Sei v2.

Bancor Launches its Orderbook-like DEX on Sei v2

Dr. Mark Richardson, Bancor Project Lead

“Carbon 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.”

Bancor deploys the Arb Fast Lane on Linea.

Bancor’s Permissionless Arbitrage Trading Bot Expands to Linea

In addition to the common mission in making resources more accessible, expanding to Linea represents a strategic move to reinforce Bancor’s vision, to support upcoming licensed Carbon DeFi contract deployments, and to establish itself within a thriving blockchain with increased adopti…

**Conclusion:**

The first half of 2024 has been an exciting time for Bancor, with significant expansions, new features, strategic collaborations, and memorable events. The ecosystem has seen remarkable growth with the deployment of Carbon DeFi and the Arb Fast Lane on multiple platforms, introducing new technologies and opportunities to the DeFi space. Bancor’s commitment to innovation and collaboration has set the stage for a promising future, with more developments and partnerships on the horizon. Stay tuned for more updates and announcements as Bancor continues to thrive in the dynamic world of decentralized finance.

For the latest news and updates in the DeFi space, make sure to check out [DeFi Daily News](http://defi-daily.com) for more trending articles and insights.



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