How to Stake & Earn SMARTCREDIT on Bancor
We are excited to announce that we whitelisted SMARTCREDIT is on Bancor!
With the whitelisting of SMARTCREDIT on Bancor, users can now stake their SMARTCREDIT and earn swap fees while maintaining 100% exposure to SMARTCREDIT and with protection against impermanent loss.
Liquidity providers can now have safer and better returns:
Impermanent loss protection starts 30 days after your deposit, at a rate of 30% and gradually increases 1% per day until you reach 100% protection. In other words, after 100 days in the pool, any impermanent loss you may have in the first 100 days (or any time thereafter) is fully compensated by Bancor.