1H
-0.43%$0.0012
24H
0.46%$0.0013
7D
-5.83%$0.0171
30D
-5.72%$0.0167
Bancor Protocol (BNT) is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Now the Bancorp project is one of the most sensational topics in the cryptocurrency community. On June 12, the project team gathered in less than three hours 396 720 ETH. At the exchange rate at that time it is more than $140 million. Tokens Bancor (BNT) in total bought 10885 investors. One of them bought 6,9 million BNT tokens at once, laying out the equivalent of $27 million. In the hands of the team Bancor at one point moved 0.5% ETH from the total. Bancor is going to ensure the exchange of tokens of the ERC20 standard (on the Ethereum blockchain) directly with each other, bypassing the cryptocurrency exchanges. This should increase liquidity in the Ethereum token market and eliminate commissions, and therefore reduce user costs during the exchange. And transactions between different tokens will be carried out with the help of smart contracts. The alpha version of the bancor Protocol is already working, and there is also a software wallet for BNT tokens.
ICOs remain a core fundraising method in crypto, offering early access to new tokens. This guide explains how ICOs work, their legal landscape, risks, and how to evaluate them in 2026.
Decentralized finance has been at the center of the cryptocurrency blaze recently, and the liquidity pool is an essential aspect of DeFi. In this article, we’ll be describing the concept of liquidity pools, explain why we need them and how they work.