The DeFi protocol Bancor expands to the Fantom network
The DeFi protocol Bancor has announced its expansion to the Fantom network, with smart contracts supporting Arb Fast Lane Protocol and Carbon DeFi now operating on Fantom. Previously in January, Bancor announced that it had launched Base. Users of the Base community can now carry out arbitrage trading on a range of platforms by running Arb Fast Lane, an open-source and permissionless framework.
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Paying the price for supporting the yen? Japan's foreign reserves fell by $87.8 billions in August, possibly due to selling US Treasuries for funding.
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