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.

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Bancor

OpenZeppelin

RT @OpenZeppelin: Contributors at @Bancor requested an audit of their auto-compounding rewards module. Token projects can distribute reward…

Contributors at @Bancor requested an audit of their auto-compounding rewards module. Token projects can distribute rewards by providing liquidity to a pool and then burning their pool tokens at a predetermined rate, allowing the rewards budget to be simultaneously used.