Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 98. (Read 375814 times)
November 15, 2018, 05:43:34 AM
Instantly convert DAI with 120+ ERC20 and EOS-based tokens on the Bancor Network: https://ban.cr/ConvertDAI
November 15, 2018, 12:56:19 AM
Hey, is there any extra advantages of holding the BNT tokens right now? I mean like dividends or something?
Thanks
Thanks
Hi there. Holding BNT token does not give dividends. There are relay tokens, which earn fees for the owner whenever the relay is used to make conversions on the network, however, we are waiting for more documentation to provide for the community.
Thanks for the reply but how many percents does the company make with each successful conversion any idea?
Relay owners get between 0.1% - 0.3% of the fees from a conversion. If you're asking about the Bancor foundation, they don't get any of the fees.
November 15, 2018, 12:08:59 AM
Hey, is there any extra advantages of holding the BNT tokens right now? I mean like dividends or something?
Thanks
Thanks
Hi there. Holding BNT token does not give dividends. There are relay tokens, which earn fees for the owner whenever the relay is used to make conversions on the network, however, we are waiting for more documentation to provide for the community.
Thanks for the reply but how many percents does the company make with each successful conversion any idea?
November 14, 2018, 08:26:20 PM
I discovered a couple of days about the fact that Bancor already provides Atomic Swap between ETH and EOS, tried it and it works pretty amazing. But I have a pretty big concern: I have red that it was hacked around 4 months ago and the Bancor team said they were able to freeze the BNT tokens; which begs the question: so, if they can freeze BNT tokens, that means that all this Atomic Swap provided by Bancor is not truly decentralized, correct??
It wasn't a hack and no user data or tokens were affected. A wallet used to stake tokens to a token relay was compromised, and they stole it from there. The BNT freezing was a security mechanism. You can read more here: https://blog.bancor.network/bancor-progress-update-july-2018-4cfee421de1e
November 14, 2018, 06:54:12 PM
I discovered a couple of days about the fact that Bancor already provides Atomic Swap between ETH and EOS, tried it and it works pretty amazing. But I have a pretty big concern: I have red that it was hacked around 4 months ago and the Bancor team said they were able to freeze the BNT tokens; which begs the question: so, if they can freeze BNT tokens, that means that all this Atomic Swap provided by Bancor is not truly decentralized, correct??
November 14, 2018, 11:45:41 AM
Hey, is there any extra advantages of holding the BNT tokens right now? I mean like dividends or something?
Thanks
Thanks
Hi there. Holding BNT token does not give dividends. There are relay tokens, which earn fees for the owner whenever the relay is used to make conversions on the network, however, we are waiting for more documentation to provide for the community.
BNT token use cases are still unclear. Looks like its not even exist. They why I am starting to think about "out".
https://www.youtube.com/watch?v=eNeaHCwJe9Q
November 14, 2018, 10:04:12 AM
Hey, is there any extra advantages of holding the BNT tokens right now? I mean like dividends or something?
Thanks
Thanks
Hi there. Holding BNT token does not give dividends. There are relay tokens, which earn fees for the owner whenever the relay is used to make conversions on the network, however, we are waiting for more documentation to provide for the community.
BNT token use cases are still unclear. Looks like its not even exist. They why I am starting to think about "out".
https://www.youtube.com/watch?v=eNeaHCwJe9Q
November 14, 2018, 08:49:10 AM
Hey, is there any extra advantages of holding the BNT tokens right now? I mean like dividends or something?
Thanks
Thanks
Hi there. Holding BNT token does not give dividends. There are relay tokens, which earn fees for the owner whenever the relay is used to make conversions on the network, however, we are waiting for more documentation to provide for the community.
BNT token use cases are still unclear. Looks like its not even exist. They why I am starting to think about "out".
https://www.youtube.com/watch?v=eNeaHCwJe9Q
November 14, 2018, 08:28:47 AM
Hey, is there any extra advantages of holding the BNT tokens right now? I mean like dividends or something?
Thanks
Thanks
Hi there. Holding BNT token does not give dividends. There are relay tokens, which earn fees for the owner whenever the relay is used to make conversions on the network, however, we are waiting for more documentation to provide for the community.
BNT token use cases are still unclear. Looks like its not even exist. They why I am starting to think about "out".
November 14, 2018, 06:56:18 AM
Check out this discussion from ICOAlert about the latest Bancor feature, BancorX, which for the first time links two major blockchains together!
https://twitter.com/Bancor/status/1062404875265458177
https://twitter.com/Bancor/status/1062404875265458177
November 14, 2018, 12:56:17 AM
Hey, is there any extra advantages of holding the BNT tokens right now? I mean like dividends or something?
Thanks
Thanks
Hi there. Holding BNT token does not give dividends. There are relay tokens, which earn fees for the owner whenever the relay is used to make conversions on the network, however, we are waiting for more documentation to provide for the community.
November 13, 2018, 11:35:29 PM
Hey, is there any extra advantages of holding the BNT tokens right now? I mean like dividends or something?
Thanks
Thanks
November 13, 2018, 04:57:11 PM
ICYMI, from the Bancor blog:
Rethinking the Order Book: The March Towards Automated Markets
Here's an excerpt from the article:
If you have any questions about Bancor, do make sure to check out the Official Telegram Group, and if you run into technical issues while using the web app, the team has a dedicated support page to help you out!
Rethinking the Order Book: The March Towards Automated Markets
Here's an excerpt from the article:
Quote
"Blockchain and smart contract technologies enable new models that demand a rethinking of existing market mechanics — specifically the order book, which plays a key role in today’s digital asset exchange infrastructure. Modern-day order books are based on order-matching (between buyers and sellers) and mutable offers not visible to all traders. This paradigm makes order books dependent on for-profit matchmakers and susceptible to manipulation. The Bancor Protocol proposes automated order books, which allow underlying assets or tokens to be programmatically exchangeable without the need for both a buyer and seller, based on predetermined order-flows and transparent immutable orders. Automated order books dramatically lower the cost of creating liquidity and level the playing field for market participants by reducing both the risk of manipulation and the profitability of market-making."
If you have any questions about Bancor, do make sure to check out the Official Telegram Group, and if you run into technical issues while using the web app, the team has a dedicated support page to help you out!
November 13, 2018, 02:09:47 PM
"What's so significant about #BancorX — besides adding liquidity to airdrops and EOS tokens — is cross-chain. For the first time, two major blockchains have been linked, Ethereum and EOS." https://ban.cr/XicoAlert
Of course this is groundbreaking achievement by the team which is showing the potential how big this could be in future. This is big step into wonderful direction and in long term this will make this platform more worthy.
November 13, 2018, 01:22:49 PM
"What's so significant about #BancorX — besides adding liquidity to airdrops and EOS tokens — is cross-chain. For the first time, two major blockchains have been linked, Ethereum and EOS." https://ban.cr/XicoAlert
Of course this is groundbreaking achievement by the team which is showing the potential how big this could be in future. This is big step into wonderful direction and in long term this will make this platform more worthy.
November 13, 2018, 01:19:30 PM
"What's so significant about BancorX - besides adding liquidity to airdrops and EOS tokens - is cross-chain. For the first time, two major blockchains have been linked, Ethereum and EOS.IO ." ICOAlert discusses BancorX: https://ban.cr/XicoAlert
November 13, 2018, 01:01:36 PM
"What's so significant about #BancorX — besides adding liquidity to airdrops and EOS tokens — is cross-chain. For the first time, two major blockchains have been linked, Ethereum and EOS." https://ban.cr/XicoAlert
November 13, 2018, 07:17:55 AM
HireVibes (HVT) is LIVE on the Bancor Network. Instantly convert tokens: https://ban.cr/HVT
November 12, 2018, 11:52:30 PM
https://blog.udacity.com/2018/09/trust-trustlessness-superpower-blockchain-interview-galia-benartzi.html
Check out the Interview with Galia Benartzi
Check out the Interview with Galia Benartzi
November 12, 2018, 04:28:55 PM
Don't forget that Bancor is always available to assist you with any issues you may run across on the dedicated Support page!
And if you have general questions about Bancor, or would like to talk about blockchain tech, there's always the Official Telegram Group!
And if you have general questions about Bancor, or would like to talk about blockchain tech, there's always the Official Telegram Group!
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