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pucunghul
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August 06, 2019, 11:14:29 AM |
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if Bancor gives a staking prize in the form of BNT or USD this will make Bancor the best platform for us, because the staking system is now a favorite of traders and investors |
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BancorAmbassador
Jr. Member
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Activity: 242
Merit: 2
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August 06, 2019, 01:27:04 PM |
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if Bancor gives a staking prize in the form of BNT or USD this will make Bancor the best platform for us, because the staking system is now a favorite of traders and investors Relays are designed to perform token conversions that also accrue value for liquidity providers. Each time a Relay processes a conversion, a small liquidity provider fee is taken out of each trade and deposited into the Relay's reserves. These fees function as an incentive for liquidity providers who can withdraw their proportional share of the reserves including the accumulated fees at any time. |
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obsbtc
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Merit: 10
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August 06, 2019, 05:31:55 PM |
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heelanwa
Jr. Member
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Activity: 331
Merit: 1
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August 09, 2019, 10:15:20 AM |
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When you buy a Relay Token, you receive a stake in a liquidity pool on Bancor. Liquidity pools generate fees from token conversions. Relay Tokens can be sold to withdraw a share of the fees. All possible from 3rd-party wallets such as Fortmatic, Ledger, Metamask and Trezor. https://twitter.com/Bancor/status/1159758778293792769 |
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HODLgangUP
Newbie
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Activity: 15
Merit: 0
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August 11, 2019, 04:07:49 PM |
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Crypto Briefing gave an overview of BNT and the crosschain capabilities of the Bancor Network! Read all about it in this latest tweet. |
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Saint-loup
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Activity: 2632
Merit: 2373
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August 13, 2019, 10:50:18 PM
Last edit: August 14, 2019, 04:01:03 AM by Saint-loup |
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We are waiting for a night mode for so long now I think it's high time that you guys add a night mode to the bancor platform.
why is the night mode on the platform so important? I think the Bancor team's fix is about price,  you know Bancor's ROI is currently down 90% But I think it's closely related. According to Coindesk (July 25) there used to be only 100-250 traders a week on the platform. "The Bancor platform, which provides quick liquidity for niche ERC-20 tokens by using BNT as a market-making reserve currency for all assets on the network, has routinely attracted 100-250 traders a week, according to Etherscan’s tally of BNT token transactions." https://www.coindesk.com/bancor-raised-153-million-and-found-actual-users-why-did-its-token-tankAnd the price was $4.49 in July 2017 and worths less than $0,40 now (all-time low) so maybe if they'd try to improve their platform they would get more users, and the price of BNT could rise...  |
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Boqueron
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Activity: 658
Merit: 3
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August 14, 2019, 06:11:19 AM |
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We are waiting for a night mode for so long now I think it's high time that you guys add a night mode to the bancor platform.
why is the night mode on the platform so important? I think the Bancor team's fix is about price, you know Bancor's ROI is currently down 90% But I think it's closely related. According to Coindesk (July 25) there used to be only 100-250 traders a week on the platform. "The Bancor platform, which provides quick liquidity for niche ERC-20 tokens by using BNT as a market-making reserve currency for all assets on the network, has routinely attracted 100-250 traders a week, according to Etherscan’s tally of BNT token transactions." https://www.coindesk.com/bancor-raised-153-million-and-found-actual-users-why-did-its-token-tankAnd the price was $4.49 in July 2017 and worths less than $0,40 now (all-time low) so maybe if they'd try to improve their platform they would get more users, and the price of BNT could rise... Any suggestions for changes that you would like to see? |
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vandanman1
Jr. Member
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Activity: 376
Merit: 1
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August 14, 2019, 02:56:27 PM |
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Bancor's novel "Community Staking" is coming to EOS! This is the first of it's kind on the EOS blockchain, and allows users to provide liquidity for their favorite tokens in return for a small fee. Check out the article for full details: https://decrypt.co/8378/bancor-adds-liquidity-staking-eos |
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