[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem

[mexi.db]

Have a look into why Bancor is important and needed in this insightful post.

Cryptocurrency Exchanges In A Decentralised Ecosystem
https://medium.com/sharpecapital/cryptocurrency-exchanges-in-a-decentralised-ecosystem-5617fe5e4469

[BancorAmbassador]

Po.et (POE) is LIVE on the Bancor Network for continuous, decentralized and automated liquidity. Check out the Web App to convert POE, BNT, EOS, NPXS and other tokens directly from your wallet!
https://www.bancor.network/discover

This is a big one! https://http://ban.cr/poet

[22naru]

Have a look into why Bancor is important and needed in this insightful post.

Cryptocurrency Exchanges In A Decentralised Ecosystem
https://medium.com/sharpecapital/cryptocurrency-exchanges-in-a-decentralised-ecosystem-5617fe5e4469

good read, cheers for sharing
 bancor will solving the liquidity  and will be in top projects.

[ivaf]

Streamr, an open source platform for the free and fair exchange of the world's real-time data, has integrated with Bancor to provide DATA token holders with instant liquidity.
https://ban.cr/StreamrIntegration

[boserobot]

is it decentralized ?

[obsbtc]

is it decentralized ?

It is a decentralized liquidity network

[chemal]

Does anyone know how to find what price you bought at on your bancor? I go to transactions but it doesn't say a price I got it at

[TheRedCanary]

Does anyone know how to find what price you bought at on your bancor? I go to transactions but it doesn't say a price I got it at

Hi there, when you made the transaction, you would have been given the token price. Now you would also have been warned of slippage.
The price at which the smart token is bought or sold for any of its reserve tokens is set by an algorithm which balances the current connector balance with the current smart token supply, at a predefined Weight, which is above 0 and up to 100%. The smart contract also recalculates its own price following each purchase (which causes price to increase) or liquidation (which causes price to decrease), in proportion to the transaction size. So, a larger purchase or liquidation will change the price more than a smaller one. This ensures that the connector cannot be drained and will always maintain their Weight of connector token balance in the contract. Thus, a smart token does not need to be listed in an exchange in order to be liquid and priced by the market.
So in other words, the token price can vary through the transaction but this will be alerted in the slippage.

[TraditionalScience]

Does anyone know how to find what price you bought at on your bancor? I go to transactions but it doesn't say a price I got it at

You can check your txn id in etherscan, the total price is displayed there. 

[JanuaryN]

Since May 13th, five new tokens have gone live on the Bancor Network:

Rublix (RBLX)
Streamr (DATA)
Joy Token (JOY)
Daneel (DAN)
Po.et (POE)

[obsbtc]

Since May 13th, five new tokens have gone live on the Bancor Network:

Rublix (RBLX)
Streamr (DATA)
Joy Token (JOY)
Daneel (DAN)
Po.et (POE)

As well as many others! You can get notified when tokens are listed at https://t.me/BancorNews

[ivaf]

SafeHaven.io, a protocol that facilitates secure digital asset inheritance, has announced integration with Bancor to provide its token holders with liquidity.
https://ban.cr/SafeHavenIntegration

[Scooby903]

I just have signed up for Bancor network and created a Wallet. Do I need to send ETH first to my Bancor Wallet or can I connect my MetaMask Wallet Address direct with the Bencor

[obsbtc]

I just have signed up for Bancor network and created a Wallet. Do I need to send ETH first to my Bancor Wallet or can I connect my MetaMask Wallet Address direct with the Bencor

You can do as you wish. Since you've setup your Bancor Wallet, you can start using it! Don't forget to store your seed and keystore file in a safe place

[bitcoinreviews]

How secure is the Bancor wallet? Do I need to consider using MEW, are there any insurances on our stored tokens? Thanks

[TheRedCanary]

How secure is the Bancor wallet? Do I need to consider using MEW, are there any insurances on our stored tokens? Thanks

Hi there, actually the two are both very similar wallets. They both work on chain the Ethereum network. And they both provide you with your private keys / 12 word phrase which is your responsibility to store. So as long as you keep your Bancor wallet information secure and safe, they are very secure wallets.

[Haynes]

When you make a transaction, if it is a large transaction, with little depth liquidity, the tokens you trade the rate may slip. A Relay Token is an ERC20 compliant Smart Token that is configured with two connectors, one that holds a balance of BNT and one that holds a balance of another ERC20 token. A Relay Token enables conversions between BNT and the connected token using an on-chain transaction. Because BNT can be converted into any other token in the Bancor Network, the connected token can also be converted to any other token, in another on-chain transaction.

[JanuaryN]

Having issues? Visit our support channel on Telegram: https://t.me/bancorsupport

Prefer to learn about the issue yourself? Visit our support knowledge base:
https://support.bancor.network/hc/en-us

[mexi.db]

When you make a transaction, if it is a large transaction, with little depth liquidity, the tokens you trade the rate may slip. A Relay Token is an ERC20 compliant Smart Token that is configured with two connectors, one that holds a balance of BNT and one that holds a balance of another ERC20 token. A Relay Token enables conversions between BNT and the connected token using an on-chain transaction. Because BNT can be converted into any other token in the Bancor Network, the connected token can also be converted to any other token, in another on-chain transaction.

For a deeper dive into
Relay Tokens: https://support.bancor.network/hc/en-us/articles/360000471472-How-do-Relay-Tokens-work-
and Liquidity Depth: https://support.bancor.network/hc/en-us/articles/360000603771-What-is-Liquidity-Depth-

[obsbtc]

Bancor's Knowledge Base is full of interesting questions and answers, have you given it a look?

https://support.bancor.network/hc/en-us