BNT
Bancor is a decentralized liquidity network that allows users to convert tokens directly through automated market making (AMM) without relying on traditional order books or counterparties. The BNT token is integral to the protocol, serving purposes such as fee payments, liquidity provision, and governance participation.
Pegged 1:1 to the US Dollar
Available on multiple blockchains
The primary platform for executing decentralized token conversions through Bancor’s AMM, offering instant liquidity.
A platform for BNT holders to participate in protocol decision-making and governance, shaping future developments.
An upgraded version of the protocol that enhances capital efficiency while minimizing impermanent loss for liquidity providers.