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

Due to hostile market conditions, Bancor’s Impermanent Loss Protection is temporarily paused. IL protection will be reactivated on the protocol as the market stabilizes.

More info: https://t.co/pHrdO4sTFd

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Due to hostile market conditions, Bancor's Impermanent Loss Protection is temporarily paused.