What is Bancor (BNT)? | Bancor Protocol Explained in Under 60 Seconds

Crypto DEFI Revolution
The Bancor Protocol (BNT) is an on-chain liquidity protocol consisting of a series of smart contracts that manage the conversion of tokens. The Bancor Network Token (BNT) is the native reserve currency for smart tokens created on the Bancor network. ▶ Search Crypto Tokens (Name or Symbol) / —- The Bancor App is a full-featured dashboard where you can swap tokens, provide liquidity, analyze returns and view market data. Bancor liquidity & trading can be implemented into smart contract enabled blockchains or application enabling value exchanges. Anyone can contribute to liquidity pools on the Bancor network, making them eligible to receive pool token rewards. The Bancor ecosystem supports a two-way token model, with automated liquid tokens, and relay tokens used for staking. WEBSITE: / ===== PURCHASE & STORE CRYPTO ===== Get Started On Coinbase & Get $10 Worth of Free Bitcoin 📈 ▶ o Get the Best Cold Storage Hardware Wallet to Safely Store Crypto 📱 ▶ t ===== REQUEST A TOKEN REVIEW ===== Want to request a token review? ▶ Subscribe to our channel & post your token request in the comments! 👇 ===== CRYPTO APPAREL ===== 👕 Get Cryptocurrency T-Shirts, Hoodies & More! ▶ Shop Now: n ===== ONLINE COURSES ==== 📈 Cryptocurrency Trading & Investing Masterclass ▶ Free Preview: D ===== WELCOME TO CRYPTO DEFI REVOLUTION ===== Cryptocurrency & blockchain technology is changing how we make transactions. Now the next phase of the cryptocurrency revolution is here with decentralized finance, also known as DEFI. With the creation of decentralized finance, the traditional methods we use to make transactions is will soon become obsolete. The future of finance is finally here…join the DEFI revolution! ===== FOLLOW US ====== ▶ Website: m ▶ Instagram: / ▶ YouTube: /> ▶ Facebook: / ▶ TikTok: @cryptodefi ===== DISCLAIMER ===== The contents on this site are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. By consuming this content, you agree to hold us harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. This page may contain affiliate links to products. We may receive a commission for purchases made through these links at no additional cost to you. ===== Video Topics: decentralized finance defi tokens cryptocurrency tokens altcoins altcoins 2021 best defi tokens best altcoins to buy defi coins best defi coins defi ethereum crypto bancor bancor crypto bancor network token bancor network bnt token bancor bnt bancor bnt crypto what is bancor? what is bnt? what is bnt crypto? bancor explained bnt explained automated market maker decentralized exchange #bancor #decentralizedfinance #defi