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Information

Data from
Issue Time
2017/06/13
Initial Price
US $ 0.11741546
Circulation/Max
144.92M/
Dominance
0.00%
ROI -91.30%
$0.11741546$23.73100090
Low · 2020/03/132020/03/13 · High

Information

What Is Bancor (BNT)?

Bancor is a decentralized, open-source protocol ecosystem that promotes on-chain trading and liquidity. Its main protocol, Carbon, enables users to execute automated trading strategies using custom on-chain limit orders and range orders. Users can combine orders to create automated buy low, sell high strategies. Carbon orders are irreversible on execution, adjustable directly on-chain, and resistant to MEV sandwich attacks. These features provide users with unprecedented control and automation for on-chain trading strategies. Fast Lane, another open-source arbitrage protocol, allows users to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges, redirecting profits back to the Bancor ecosystem. All Bancor ecosystem protocols are governed by the BancorDAO through staked BNT tokens.

Relevant Articles:

  • Carbon Website
  • Introducing Carbon
  • Fast Lane
  • Carbon Whitepaper
  • Carbon Litepaper

Answers

What is Bancor (BNT)?

Bancor is a decentralized, open-source protocol ecosystem that promotes on-chain trading and liquidity.

Its primary protocol, Carbon, enables users to execute automated trading strategies using custom on-chain limit orders and range orders. Users also have the option to combine orders to create automated buy low, sell high strategies.

Carbon orders are designed to be irreversible upon execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These features provide users with unprecedented control and automation for executing innovative on-chain trading strategies.

Fast Lane, a separate open-source arbitrage protocol, allows any user to engage in arbitrage between Bancor ecosystem protocols and external on-chain exchanges. Arbitrage profits can be redirected back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO through staked BNT tokens.