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B
Bancor Network Token

Bancor Network Token

BNT

$6.14
-12.05%
Global Average
BNT/USD
Rank
82
Market Cap
$1.10B
Circulating Supply
178.54MM BNT
Volume (1D)
$216.97MM

Signals

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Bancor Network Token
Marketing
Bancor Network Token
Adam Abrams, Head of Community

Bancor Progress Update: 📈 TVL hits $1.6B 💸 $161M $BNT rewards paid—80% re-staked 🌪 Full Vortex 🗳 Gasless voting ️ Limitless stablecoin pools 💎 Origin pools 4 #DeFi gems 💳 Fiat ramp 🚨 Limit orders 🌊 New LM pools: $ROOK $UNI $ALPHA $GRT $ENJ $MATIC blog.bancor.network/bancor-progress-update-march-2020-73007ed5a03a

Bancor Progress Update (March 2021) | by Bancor | Mar, 2021 | Bancor | Bancor
In the last month, the total value locked in the Bancor Protocol has more than doubled, exceeding $1.6 billion. Bancor broke into the top…
blog.bancor.network
B
Bancor Network Token
Technical
Bancor Network Token
Adam Abrams, Head of Community

Progress update coming soon 👀 Here’s a preview of what’s being worked on Contracts: 🔹 $vBNT fee burner (full Vortex) 🔹 Gasless voting 🔹 New stablecoin pool design 🔹 Tiered whitelisting for DeFi gems (Launch Pad) 📊 UI: 🔸 Fiat ramp 🔸 Limit orders 🔸 Trader incentives

B
Bancor Network Token
Community
Bancor Network Token
Adam Abrams, Head of Community

🎉 🎉 🎉 🎉 🎉 $1 Billion TVL! 🎉 🎉 🎉 🎉 🎉 twitter.com/Bancor/status/1363564876979965954?s=20

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Bancor Network Token
Community
Bancor Network Token
Adam Abrams, Head of Community

🎉🎉 We're thrilled to announce the grand opening of the BNTEE.SHOP — a Bancor community initiative that lets you redeem real-world, limited Bancor swag by buying and burning each item's corresponding token. 🎉🎉 👕 Details: twitter.com/Bancor/status/1362470677387882500?s=20

B
Bancor Network Token
Technical
Bancor Network Token
Adam Abrams, Head of Community

🌪🌪🌪 Bancor Vortex is live! 🌪🌪🌪 Here's how to use it and what you need to know: blog.bancor.network/using-bancor-vortex-46974a1c14f9

Using Bancor Vortex. You can now borrow against your staked… | by Bancor | Feb, 2021 | Bancor
You can now borrow against your staked BNT using vBNT.
blog.bancor.network
B
Bancor Network Token
Marketing
Bancor Network Token
Adam Abrams, Head of Community

Bancor Progress Update: 📈 TVL +2000%—Volume +1500% 🤑 $23M $BNT rewards paid—85% staked 🌪 Vortex coming 🧢 Cap increases 🤝 Joint liquidity mining 🖍 UI redesign 💹 Limit orders 🛡 Shield mining @NexusMutual L2 @offchainlabs Crosschain @Polkadot blog.bancor.network/bancor-monthly-progress-update-february-2021-685e174f6537

Bancor Monthly Progress Update (February 2021) | by Bancor | Feb, 2021 | Bancor
As the ecosystem expands and adoption accelerates, development is moving full-steam ahead. This post covers recent progress & upcoming…
blog.bancor.network
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Bancor Network Token
Marketing
Bancor Network Token
Adam Abrams, Head of Community

What is Bancor & how does it work? Check out this community-created video to learn about Bancor's unique AMM features. Provide single-sided liquidity to earn swap fees, $BNT rewards & impermanent loss protection 👉 bancor.network twitter.com/Bancor/status/1359455683939356674?s=20

B
Bancor Network Token
Marketing
Bancor Network Token
Adam Abrams, Head of Community

️ We’re thrilled to announce that work is underway on a cross-chain bridge to expand Bancor to @Polkadot! 🔴 The bridge is being built with @LiquidAppsIO & enables lightning fast cross-chain swaps between ERC20 & $DOT tokens. 🌉 More details: medium.com/@bancor/bringing-bancor-to-polkadot-4a9a0e996916 ---------------------- 🔴 Unlike existing bridges where nodes can cost 1000s or millions of $$ to operate, Bancor's bridge to $DOT uses lightweight nodes that can run in a simple web browser 🔴 This slashes the costs & setup time for new bridging agents—who can stake collateral & be paid in $BNT 🔴 The software underpinning the nodes is #WASM-based, & could be used to enable mesh networks across multiple ecosystems (eg, a contract on Ethereum could be called to send tokens from a @solana account to a @Polkadot account). More details & timelines to be shared soon!

Bringing Bancor to Polkadot. We’re excited to announce that work is… | by Bancor | Feb, 2021 | Bancor
We’re excited to announce that work is underway on a cross-chain bridge that would allow Bancor to expand its decentralized liquidity…
medium.com
B
Bancor Network Token
Marketing
Bancor Network Token
Adam Abrams, Head of Community

💸 $BNT liquidity mining rewards are live! 💸 Users can now view, withdraw & stake BNT rewards to compound yield 👉 ban.cr/Rewards Staking rewards earns additional swap fees + $BNT rewards, which can also be staked 🔄 Details: medium.com/@bancor/bnt-liquidity-mining-rewards-how-to-re-stake-compound-yield-2ad40b45c002 #StakeItToMakeIt twitter.com/Bancor/status/1354421457087033349?s=20

B
Bancor Network Token
Technical
Bancor Network Token
Adam Abrams, Head of Community

Three months after Bancor launched single-sided liquidity & impermanent loss protection, we have released a report analyzing the growth and overall health of the protocol. Read the report: medium.com/@bancor/bancor-v2-1-protocol-health-report-january-2020-83338c904de0 Highlights 👇 ==== Total network liquidity increased almost 1000%, driving $4.48M USD in annualized swap fees. ==== The value of fees earned by the protocol exceeded the total cost of impermanent loss compensation by more than 5X. ==== About 30M $BNT was emitted by the protocol to match single-sided liquidity deposits. This BNT is not minted onto the external market. Instead, it is minted into the protocol’s pools, where it sits earning fees for the protocol until the BNT & accrued fees are eventually burned. ==== Increases to co-investment limits, as governed by the DAO, were correlated not only with rising liquidity & fees, but also increased APY. This suggests that in certain areas of the network, fees are growing faster than liquidity as pools become more competitive in the market. ==== New proposals currently in the late-stages of development by the BancorDAO are worthy of attention. This includes the proposed "Bancor Vortex", which seeks to enable users to stake BNT without taking on exposure to BNT volatility. More: gov.bancor.network/t/bip9-proposing-the-bancor-vortex/354