Tell me about BNT

[Anonymous No.27104965]

Tell me about this coin.

[Anonymous No.27105095]

Bancor is a blockchain protocol that allows users to convert between different tokens directly as opposed to exchanging them on cryptocurrency markets. The project offers a network, which we’ll discuss soon, that works to bring liquidity to the majority of tokens that lack a consistent supply/demand in exchanges. That network is built on smart contracts and a new class of cryptocurrencies that the team calls “Smart Tokens.” Bancor is looking to provide support to the illiquidity that currently exists within the cryptocurrency market. Illiquidity isn’t so much an issue for top coins like Bitcoin or Ethereum because there are always buyers and sellers looking to exchange those coins. It is definitely an issue, however, for the thousands of other tokens that may serve legitimate decentralized purposes but haven’t attracted enough attention in the market to be liquid.

[Anonymous No.27105176]

>>27105095
Bancor’s protocol uses smart contracts to create Smart Tokens, which serve as an alternative mechanism for trading. A key characteristic of the protocol is that it doesn’t call for an exchange of tokens with a second party, as in the case of cryptocurrency exchanges. Rather, it employs Smart Tokens to convert between different ERC-20 tokens internally. These conversions take place through the blockchain’s protocol and completely outside of cryptocurrency exchanges. Smart Tokens process token conversions internally by holding reserves of other ERC20 tokens within their Smart Contract. They can then convert back and forth between those reserves as users request it.

[Anonymous No.27105199]

[Anonymous No.27105283]

[Anonymous No.27105291]

>>27105199
Can you tell me about the 12-week reward count down timer? what happens at the end?

[Anonymous No.27105321]

>>27105283
take your r*ddit ass back

[Anonymous No.27105366]

[Anonymous No.27105449]

>>27105321

Here

[Anonymous No.27105553]

>>27105291

Staking rewards pay out. A lot!

[Anonymous No.27105660]

[Anonymous No.27105741]

[Anonymous No.27105840]

[Anonymous No.27105935]

[Anonymous No.27106134]

[Anonymous No.27106153]

>>27105935
The chick on the right have a mustache?

[Anonymous No.27106246]

[Anonymous No.27106344]

>>27106153
Bro I think she does. It's a cum catcher

[Anonymous No.27106464]

>>27105553
Can you tell me about the inflation rate and the burn rate of the token?

I'm a bit worried the circulating supply is inflating too quickly.