BUY / EXCHANGE instantly
Max Supply Algorithm Proof Type Start Date Twitter Website
-1 2017-06-10 Array Bancor Network Token
DifficultyAdj. BlockRR. BlockNo. Network H/s Current Supply Block Reward
0 0 129976996.13742 0
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What is Bancor Network Token (BNT)?

Bancor Network Token (BNT) is an Ethereum-based cryptocurrency and a foundational component of the Bancor Protocol. It operates as a liquidity token that facilitates instant and decentralized conversions between different cryptocurrencies, known as smart tokens. BNT serves as a bridge currency, enabling seamless transactions and liquidity provision within the Bancor Network.

Who created Bancor Network Token (BNT)?

Bancor Network Token (BNT) was created by the Bancor Foundation, founded by Galia Benartzi.

What is it used for?

Bancor Network Token (BNT) has various uses within the Bancor ecosystem. Firstly, it serves as a connector between different cryptocurrencies, allowing instant and seamless conversions without relying on order books or centralized exchanges. BNT also acts as collateral, backing the value of smart tokens and providing liquidity to the Bancor Network.



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