What is Bancor (BNT)? | Bancor Protocol Explained in Under 60 Seconds
The Bancor Protocol (BNT) is an on-chain liquidity protocol consisting of a series of smart contracts that manage the conversion of tokens. The Bancor Network Token (BNT) is the native reserve currency for smart tokens created on the Bancor network.
▶ Search Crypto Tokens (Name or Symbol) http://cryptodefirevolution.com/
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The Bancor App is a full-featured dashboard where you can swap tokens, provide liquidity, analyze returns and view market data.
Bancor liquidity & trading can be implemented into smart contract enabled blockchains or application enabling value exchanges.
Anyone can contribute to liquidity pools on the Bancor network, making them eligible to receive pool token rewards.
The Bancor ecosystem supports a two-way token model, with automated liquid tokens, and relay tokens used for staking.
WEBSITE: https://app.bancor.network/
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