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

Joshua Schone

RT @ZenoBNT: What is a way forward for @Bancor 3? A thread. 

Recently proposed in governance was this post by Steven Fox: https://t.co/ODc…

What is a way forward for @Bancor 3? A thread. 

Recently proposed in governance was this post by Steven Fox: https://t.co/ODcgRWPX5B

There are two models he provides which could serve as a method to restore the positions of LPs on the protocol. And I have a strong preference.

RT @ZenoBNT: What is a way forward for @Bancor 3. A thread. Recently proposed in governance was this post by Steven Fox:.