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Bancor pushes the pause button, but does that really work for BNT

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The latest crypto-market sell-off managed to put a lot of pressure on DeFi platforms. Bancor, like many other platforms like it, is feeling the heat too.

Bancor recently announced a temporary pause on impermanent loss protection. The announcement is part of its plan to cut down on huge liquidity pool outflows.Bancor made the announcement through a market condition update, one that was released on 20 June.

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