Author

Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 166. (Read 375814 times)

newbie
Activity: 41
Merit: 0
I’m waiting for more details about this project  Roll Eyes
full member
Activity: 980
Merit: 109
DEEP AERO - a company that is building an autonomous drone economy powered by AI & blockchain - is the latest token project to announce integration with Bancor.
https://medium.com/@deepaerodrones/deep-aero-will-integrate-bancor-protocol-to-provide-token-liquidity-for-its-drone-tokens-6230fc412224
member
Activity: 1330
Merit: 10
Is there any bot for trading on bancor through their API? for quick trading and not missing price

There isn't

firstly was unable to do any transaction with metamask.. buying selling anything so moved to native bancor wallet.. still unable to do any transaction

What issues are you having? Seeing any errors? You can request support via Telegram or email:
Telegram: https://t.me/bancorsupport
E-mail: Contact [at] bancor.network
Troubleshooting: https://support.bancor.network/hc/en-us/categories/360000089831-Bancor-Web-App
newbie
Activity: 59
Merit: 0
Well after reviewing the Whitepaper, The project looks very promising you've got me interested, I will be following the project.

Can you elaborate on Bancor's strengths ?
member
Activity: 182
Merit: 10
Our new Bug Bounty is live with 40,000 $BNT at stake! Find bugs in Bancor's smart contracts, website or software and we'll reward you for your work. http://bit.ly/bancorbugbounty
copper member
Activity: 294
Merit: 100
firstly was unable to do any transaction with metamask.. buying selling anything so moved to native bancor wallet.. still unable to do any transaction
sr. member
Activity: 560
Merit: 309
Your Data Belongs To You
UPDATES:

We are pleased to announce that Elementh, a blockchain for e-commerce, will integrate with Bancor to provide EEE token holders with instant, automated liquidity: http://bit.ly/bancorelementh

Wondering how the Bancor Protocol automatically calculates the price of a token? Here's a quick explanation: http://bit.ly/AutomaticPricing

"So, Bancor’s actually shipping." Token Economy covers the new Bancor Wallet: http://bit.ly/BancorTE


Wow, what a news! I am Elementh supporter and happy  to see  these  two  platforms continue to develop the trust  the lack of which  is feeding into the massive volatility crypto is suffering from.
this can be good news because elementh work together with bancor, the advantage here I see for token more flexible and can bring more profit for the holder hopefully with this news can give better value again at bancor.
member
Activity: 219
Merit: 15
UPDATES:

We are pleased to announce that Elementh, a blockchain for e-commerce, will integrate with Bancor to provide EEE token holders with instant, automated liquidity: http://bit.ly/bancorelementh

Wondering how the Bancor Protocol automatically calculates the price of a token? Here's a quick explanation: http://bit.ly/AutomaticPricing

"So, Bancor’s actually shipping." Token Economy covers the new Bancor Wallet: http://bit.ly/BancorTE


Wow, what a news! I am Elementh supporter and happy  to see  these  two  platforms continue to develop the trust  the lack of which  is feeding into the massive volatility crypto is suffering from.
member
Activity: 210
Merit: 10
im in bancor since first launch. i still believe in bancor

Thank you for your support for Bancor. We appreciate it. Smiley Smiley
newbie
Activity: 6
Merit: 0
im in bancor since first launch. i still believe in bancor
full member
Activity: 532
Merit: 102
I think Bancor is not yet ready to go. Yesterday I wanted to make an exchange, but I was writing off VERY LARGE GAS but the exchange did not pass.

Ted, the default gas price on Bancor is currently set to 5 Gwei. Please don't change this as your transaction will fail.
"We are currently enforcing all transactions to use the same gas price in order to normalize them and allow fair queue. for this, we are limiting the gas price to be an exact match to our predefined number.  meaning, if you try to use higher or lower gas price, your transaction will fail.
Of course, I did not change the cost of gas and I do not mind paying, but the deal did not come true and it upsets me. I hope the developers will fix this bug.

Please join https://t.me/bancorsupport and report this issue or submit a support request at https://support.bancor.network/hc/en-us
full member
Activity: 392
Merit: 100
I think Bancor is not yet ready to go. Yesterday I wanted to make an exchange, but I was writing off VERY LARGE GAS but the exchange did not pass.

Ted, the default gas price on Bancor is currently set to 5 Gwei. Please don't change this as your transaction will fail.
"We are currently enforcing all transactions to use the same gas price in order to normalize them and allow fair queue. for this, we are limiting the gas price to be an exact match to our predefined number.  meaning, if you try to use higher or lower gas price, your transaction will fail.
Of course, I did not change the cost of gas and I do not mind paying, but the deal did not come true and it upsets me. I hope the developers will fix this bug.
member
Activity: 294
Merit: 10
I think Bancor is not yet ready to go. Yesterday I wanted to make an exchange, but I was writing off VERY LARGE GAS but the exchange did not pass.

Ted, the default gas price on Bancor is currently set to 5 Gwei. Please don't change this as your transaction will fail.
"We are currently enforcing all transactions to use the same gas price in order to normalize them and allow fair queue. for this, we are limiting the gas price to be an exact match to our predefined number.  meaning, if you try to use higher or lower gas price, your transaction will fail.
I had the same problem. I did not change the gas, but I paid the gas and the exchange was not successful.
newbie
Activity: 70
Merit: 0
Follow us on Twitter and like us on Facebook:

Twitter https://twitter.com/Bancor
Facebook https://www.facebook.com/bancor/
legendary
Activity: 1064
Merit: 1001
Is there any bot for trading on bancor through their API? for quick trading and not missing price
sr. member
Activity: 1148
Merit: 307
GUYS! Just read previous posts. It IS PEGGED TO ETH. That the reason of price increase for few days.

Team mentioned to do some work about this issue(pegged to eth), but still nothing. And I wrote this before.

The price of BNT being pegged to ETH's price in fact is more a psychological issue than a structural one, due to the fact that BNT so far lives on the Ethereum blockchain. But in fact there is no substancial reason for this to happen, and at some point I guess that these two assets will have very independent price paths, as they should already have.
jr. member
Activity: 242
Merit: 2
UPDATES:

We are pleased to announce that Elementh, a blockchain for e-commerce, will integrate with Bancor to provide EEE token holders with instant, automated liquidity: http://bit.ly/bancorelementh

Wondering how the Bancor Protocol automatically calculates the price of a token? Here's a quick explanation: http://bit.ly/AutomaticPricing

"So, Bancor’s actually shipping." Token Economy covers the new Bancor Wallet: http://bit.ly/BancorTE
member
Activity: 1330
Merit: 10
Bancor News brings you the latest and real time news on when tokens are live. Be sure to follow: https://t.me/BancorNews
member
Activity: 238
Merit: 10
How does automatic pricing work?

Smart Tokens™ feature built-in automated market makers. This means that their smart contracts will always buy the Smart Token from and sell the Smart Token to, any user, for any of its connector tokens (or any other token in the network.) The price at which these conversions take place is a function of the Bancor Formula, which balances supply and demand for the Smart Token while holding a constant ratio between a Smart Token’s total value (sometimes called market cap) and its connector token balances.

These ratios (called the connector weight) are configured by the Smart Token creator and may be adjusted to increase or decrease the token's liquidity level. The weight of a connector indicates a Smart Token’s price sensitivity, meaning the extent to which buys or sells affect its price movement. Every conversion affects the price of a Smart Token by altering its connector token balance and Smart Token supply - calibrating the price to maintain the constant weight. When Smart Token prices are out of sync with external prices on exchanges, arbitrageurs quickly act to balance these gaps

https://support.bancor.network/hc/en-us/articles/360000503372-How-does-automatic-pricing-work-
member
Activity: 224
Merit: 10
I wasn't following latest news recently, so now I have checked the lates Bancor updates and I have to say it is really impressing. Token conversions directly on wallet, fiat gateway so you can buy ETH using credit card, more and more tokens intergrated. WOW. When the team implement cross-chain conversions between different blockchains it will be the most advanced DEX on the market. Can't wait to see this.
Let's wait and see other bigger projects integrate, price of BNT will rise for sure. Bancor network will be deployed not only on Ethereum, but on different smart contract platforms.
Jump to: