> For the complete documentation index, see [llms.txt](https://faq.carbondefi.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://faq.carbondefi.xyz/additional/the-bancor-ecosystem-and-carbon-defi.md).

# The Bancor Ecosystem & Carbon DeFi

[Bancor](http://bancor.network) is an ecosystem of decentralized, open-source protocols that promote onchain trading and liquidity.

[Carbon](https://carbondefi.xyz/)[ DeFi](https://www.carbondefi.xyz/) has been [proposed](https://gov.bancor.network/t/proposing-carbon-final/4242) as Bancor's flagship offering.

[Arb Fast Lane](https://bancor.network/arb-fast-lane), a decentralized arbitrage protocol, allows any user to perform arbitrage between DEXes chain-wide.

All Bancor ecosystem protocols, including Carbon DeFi and Arb Fast Lane, are governed by the [BancorDAO](https://gov.bancor.network/) via staked BNT.


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