We are thrilled to announce that the Enjin Bancor Token Relay and converter is now activated and available for anyone to use!
This Token Relay is a new way to convert between Bancor and Enjin Coin tokens, and it’s enforced by smart contracts on the Ethereum Blockchain. You’ll also be able to convert between ENJ and ETH using this system, plus any other token in the Bancor Network, as more are added in the future.
By providing liquidity to the Token Relay and depositing ENJ and/or BNT, your tokens will benefit from the conversion fees accumulated over time.
Read the full article here ...
This is a pretty awesome development for EnjinCoin. I think if ENJ wants to breach the top 100, it'll need to establish itself as a major player, beyond just a MinecraftCoin. Stuff like this, alongside the allegedly next-generation ENJ wallet that's being developed, show everyone the team wants to work beyond just providing a cool little tool for their current users.
Great stuff, the future is bright with this one
HODL...
I doubled up with last night's dip, bought a nice sized bag @ 230sats. I'm expecting to see a lot of price appreciation once Minecraft plugin launches and players are using EnjinCoin in misc. Gaming communities!