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Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 144. (Read 375814 times)

newbie
Activity: 84
Merit: 0
What about the relay token though? Should be able to trade that without pundi being online right?

How does this relay token thing work? I saw the option there but didn't really know what it is meant to do.

A relay token is a token that has 2 or more connectors.
So for example, ABC token has a relay with BNT and ETH, allowing it to switch between those tokens through the smart contract without having to use an exchange.

Please see our whitepaper for an in depth explanation: https://about.bancor.network/static/bancor_protocol_whitepaper_en.pdf

Or, you can join our telegram: https://t.me/bancor
sr. member
Activity: 713
Merit: 252
What about the relay token though? Should be able to trade that without pundi being online right?

How does this relay token thing work? I saw the option there but didn't really know what it is meant to do.
newbie
Activity: 84
Merit: 0
Did you know that you can download your keystore file directly from the settings icon in the Bancor Wallet and use your tokens anywhere? I believe that this is very convenient (for example, when the Bancor platform is closed for maintenance, and you need to access your tokens).

Thanks for sharing!

To stay up to date with news, please join our telegram here: https://t.me/BancorNews

Please join our Bancor support group for live assistance:  https://t.me/bancorsupport
full member
Activity: 980
Merit: 109
Did you know that you can download your keystore file directly from the settings icon in the Bancor Wallet and use your tokens anywhere? I believe that this is very convenient (for example, when the Bancor platform is closed for maintenance, and you need to access your tokens).
member
Activity: 1330
Merit: 10
Bancor team is releasing updates with sonic speed that you can't focus on single thing. I finished reading about this blockchain based community currency in Kenya and now new features are introduced of which announcement just came out on social media. Great feature to use your tokens securely and hassle free anywhere and everywhere.

Glad you're enjoying the News! You can keep yourself up to date at https://t.me/BancorNews
legendary
Activity: 1526
Merit: 1003
Bancor team is releasing updates with sonic speed that you can't focus on single thing. I finished reading about this blockchain based community currency in Kenya and now new features are introduced of which announcement just came out on social media. Great feature to use your tokens securely and hassle free anywhere and everywhere.
hero member
Activity: 1092
Merit: 511
legendary
Activity: 1316
Merit: 1025
Is it only me or something is up with Bancor Website. It's in like infinite loop doesn't let me in, I hope you guys fix this problem ASAP.
Maybe it`s just you, i can log in and make trades on their website i am doing it right now, try to empty your cache or delete histories mostly works for me when i am having the same problem on other website.
But before you delete the cache you need to make sure that you know your passwords from the platform. After cleaning, the password will not be automatically entered. There have already been similar cases when people forgot passwords and only counted on what was stored in the cache.
jr. member
Activity: 364
Merit: 2
member
Activity: 390
Merit: 11
Is it only me or something is up with Bancor Website. It's in like infinite loop doesn't let me in, I hope you guys fix this problem ASAP.

Hi there, are you using messenger?

Have you tried another device?

Please join our Bancor support group for live assistance:  https://t.me/bancorsupport
legendary
Activity: 1694
Merit: 1003
Is it only me or something is up with Bancor Website. It's in like infinite loop doesn't let me in, I hope you guys fix this problem ASAP.
Maybe it`s just you, i can log in and make trades on their website i am doing it right now, try to empty your cache or delete histories mostly works for me when i am having the same problem on other website.
legendary
Activity: 1288
Merit: 1012
Is it only me or something is up with Bancor Website. It's in like infinite loop doesn't let me in, I hope you guys fix this problem ASAP.
member
Activity: 1330
Merit: 10
Bancor is also on Twitter. Be sure to give them a follow! https://twitter.com/Bancor
full member
Activity: 980
Merit: 109
EOS blockchain is officially live and we are honored that Bancor's LiquidEOS was elected as one of the first 21 block producers! Now the real work begins.
https://ban.cr/LiquidEOSlive

jr. member
Activity: 266
Merit: 1
What about the relay token though? Should be able to trade that without pundi being online right?

Pundi X (NPXS) should be back on the network by the 20th at the latest, as per the most recent update from the Pundi X team.
hero member
Activity: 827
Merit: 502
What about the relay token though? Should be able to trade that without pundi being online right?
hero member
Activity: 854
Merit: 500
We will be able to fully resume NPXS smart contract after consultation with our exchange partners, authorities and community.
full member
Activity: 532
Merit: 102
Bancor CTO Yudi Levi speaks with Coindesk about EOS mainnet launch and how to securely cast a vote for block producers with the LiquidEOS voting app. https://ban.cr/LiquidEOScd
jr. member
Activity: 364
Merit: 2
How does the Bancor exchange actually work? And does Bancor require a fee for any token to get listed?

Bancor is a decentralized liquidity network that converts tokens directly through their smart contracts without an exchange. There are no fees on Bancor. The protocol is open source and anyone can integrate with the Network. Anyone listing a token simply needs to fund both sides of a token relay to create a liquid token.

Learn more in the Bancor Knowledge Base: https://support.bancor.network/hc/en-us

That's a very interesting concept, but if there are no limits to listing a token, that means scammers can also list their token and generate interest by creating fake volume?

The team vets every token.
Bancor's algorithm will keep the token price at market value.


Is there any publicized standard for the vetting process of tokens? Is it a must for teams to be publicly known for example?

The Bancor Network currently supports any token that fits the following requirements:

    ERC20 compliant
    Token is not ERC223 or ERC827
    Must have decimals setup in the smart contract
    Must be a utility token (Security tokens are not currently supported)

If you represent a token, you can signup to join the network using Bancor's new token application form.

If you would like to request a token be added, you can fill out our Request Form.

See https://support.bancor.network/hc/en-us/categories/360000122411-Joining-the-Network
newbie
Activity: 84
Merit: 0
How does the Bancor exchange actually work? And does Bancor require a fee for any token to get listed?

Bancor is a decentralized liquidity network that converts tokens directly through their smart contracts without an exchange. There are no fees on Bancor. The protocol is open source and anyone can integrate with the Network. Anyone listing a token simply needs to fund both sides of a token relay to create a liquid token.

Learn more in the Bancor Knowledge Base: https://support.bancor.network/hc/en-us

That's a very interesting concept, but if there are no limits to listing a token, that means scammers can also list their token and generate interest by creating fake volume?

The team vets every token.
Bancor's algorithm will keep the token price at market value.


Is there any publicized standard for the vetting process of tokens? Is it a must for teams to be publicly known for example?


Thank you for your enquiry - unfortunately, the way in which the teams decide which tokens they list on the web app isn't known.

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