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

Bancorians,

There is a proposal on the #Bancor #DAO governance to burn 1m (currently at ~941k) $BNT collected by Bancor v3 vortex that is up for voting this week 🗳

Voting closes at 5PM UTC on 9/28/22 📅

Vote on Snapshot 👇👇
🔗 https://t.co/SCBcIy17NN https://t.co/HlhHfbAlbA

Bancorians,.