The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens.
The BNT is the first smart token on the Bancor system and it will hold a single reserve in Ether. Other smart tokens, by using BNT as one of their reserves, connect to the BNT network. The BNT establishes network dynamics where increased demand for any of the network’s smart tokens increases demand for the common BNT, benefiting all other smart tokens holding it in reserve.Visit website open_in_new
|Price in BTC||0.00010930170367 BTC|
|Current Supply||139,004,064 BNT|
|Total Supply||79,323,976 BNT|
|24h Volume (coin)||2,260,850 BNT|
|24h Volume (currency)||$12,578,753|
|24h Total volume (coin)||11,690,897 BNT|
|24h Total volume (currency)||$63.84M|
|Last updated||2021-02-25 19:21:15 +00:00 GMT|
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