Mark Richardson Episodes

There are a lot of failures in crypto and DeFi history. Exploits, hacks, and failure of models have all lead to billions in losses for average traders. Bancor, the original AMM, experienced such a failure in June of last year, just after launching their vaunted version 3 of their protocol. The destruction was indirectly caused by the very thing that drew so many people to it, Impermanent Loss Protection combined with liquidity mining. The difference between Bancor and many projects in DeFi is th...