Add Bancor to DEX Aggregator as part of Roadmap 2.0 release

Brave Roadmap 2.0 will feature a DEX aggregator. Work on the DEX aggregator is ongoing, hence why I believe this suggestion comes in good timing. As per the 2.0:Update 1 Roadmap on the 7th of April 2021:

  • Benchmarked various DEX aggregator APIs against one another.
  • Implemented a draft of the SWAP UI and API integration.

Bancor Network has the deepest BAT DEX liquidity by far:

If the DEX aggregator doesn’t list Bancor, it’s a big loss for all the BAT swaps that go through it, as higher liquidity on the BAT BNT pool generally means a smaller price impact. Currently, the pool has a liquidity of $21,089,053, and 0.5% fees.

Therefore, I believe it is in the best interest of the BAT community that the DEX aggregator taps in the deepest BAT liquidity on a DEX.

Couldn’t be any more on board with this. The BAT liquidity on Bancor grows more and more each week and will soon pass some of these CEX.

4 Likes

Also adding my support here. Bancor has 14.2M BAT tokens in its pool at the moment which puts it above other DEXes (e.g. Uniswap) and even certain CEXes (Bitfinex)

image

3 Likes

This is a great idea! I think Bancor and BAT could have great synergy and adding the dex with deepest liquidity for the aggregator would be an important step, especially if brave wants BAT to be the main token for dex agg

5 Likes

As a user of both Brave and Bancor, I couldn’t be more excited to see this initiative take flight. Seems like a great fit for both parties.

4 Likes

I fully support this. Bancor is amazing.

4 Likes

i’m new to crypto, but i’ld like to see how this plays out

3 Likes

The BAT pool on Bancor is deeper than any other DEx. The Bancor DAO is the absolute most engaged DAO in defi and there is a lot of overlap between the two communities.

5 Likes

To echo previous sentiment, I fully support Bancor being added to the DEX Aggregator. Let’s get this done!

4 Likes

100%. It’d deep, real deep. Makes a lot of sense to get us the best exchange rates, no one really wants to sends their bat to CEX and go through kyc…

3 Likes

Bancor should be integrated directly. Dozens of pools with over $1M TVL and low fees.

2 Likes

Bancor should get added as it has the deepest pool for several assets.

2 Likes

This 1,000,000% has my vote. It’s crucial to utilize the AMM with the deepest BAT liquidity as part of this plan to incorporate a DEX aggregator. It would literally make counterproductive sense not to.

2 Likes

Hello !
I’m from the Bancor Community but have been using Brave for a good 3-4 years now. Always had trouble with the wallet option through uphold, rather annoying. Hopefully the new wallet can get me to make the full switch from MM. Either way, Bancor being integrated would play a big role for me. As with other discussions regarding adding Bancor, it is typical to see wallets aggregating aggregators, this should not be the case it just adds another fee to the end user.

Please Add Bancor. :blush:

2 Likes

This is an easy win-win-win for Bancor, Brave, and Brave users. Bancor’s growth since launching 2.1 is tremendous and they show no signs of slowing down. Bancor also has some of the deepest pools for some of the most popular tokens in crypto.

1 Like

Just wanted to chime in again to mention that it would truly be a disservice to any Brave user that is using the built in DEX aggregator if you did not include the Bancor DEX as it has the largest liquidity pools for the following tokens:

LINK, ENJ, wNXM, BAT, WOO, AMP, ALPHA, OCEAN, ROOK, ZCN, MPH, NDX, HOT, HEGIC, RSR, DAPP, LPL

Here is a chart that shows the current liquidity depth of the top 20 tokens in the Bancor platform:

Name Liquidity Depth
BNT $683,770,141.00
ETH $210,098,990.00
WBTC $138,292,257.00
LINK $110,977,603.00
USDC $20,846,342.00
USDT $16,872,828.00
DAI $16,409,778.00
ENJ $13,317,473.00
MKR $10,546,909.00
wNXM $10,506,886.00
AAVE $10,412,276.00
MATIC $10,191,109.00
BAT $9,051,051.00
WOO $7,875,654.00
SNX $7,656,241.00
YFI $6,786,436.00
AMP $6,170,251.00
COMP $5,506,772.00
ALPHA $5,422,463.00
OCEAN $4,999,054.00