REN and renBTC will be the first activated startup pools for Bancor V2, expected to be deployed in July

BlockBeats - On July 8, Bancor officials announced that REN and renBTC will be the first startup pools for Bancor V2. The two new Bancor V2 start-up pools will allow holders of REN and renBTC to provide liquidity, in return for a share of transaction fees, while maintaining 100% exposure to any of the tokens.

REN and renBTC pools will take advantage of Chainlink's newly introduced REN/ETH decentralized feeding mechanism as well as Chainlink's existing BTC/ETH  pool; Price to implement new features. It is understood that the Bancor V2 code is currently being reviewed and stress-tested by the Dusys Due Diligence and 1Inch.Exchange team, and is expected to be deployed to the main network in July.

To address the community's doubts, Bancor will conduct an AMA in the official REN telegram on Monday, July 13 at 10 a.m. Est. A user guide on liquidity provision will be published closer to the launch date.

The original link: https://blog.bancor.network/announcing-ren-and-renbtc-as-bancor-v2-launch-pools-bda16323746f

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