Bancor is a token that has Ether in reserve, forms the monetary structure of the network. An increase in the price of the smart token chain leads to an increase in the price of the Bancor token and this has a positive effect on the tokens in reserve. In addition, users place a BNT bet on automatic market makers in exchange for a trading commission, a placement fee and the right to vote.

Bancor news today, BNT crypto latest news of coin ticker

Bancor

1M $BNT has been burned! 🔥

The $BNT has been bought and collected in the #Bancor v3 vault💰
 
Per the recent governance proposal, the one time BNT burn has been performed and around 0.5% of the circulating supply was destroyed. 🔥
 
More details 👀👇:
https://t.co/pwAc01mqd0 https://t.co/PXvp2ayASS

1M $BNT has been burned. The $BNT has been bought and collected in the #Bancor v3 vault.