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Strategies With BNT
On this page, you'll discover a list of investment strategies that include Bancor (BNT). Each strategy combines this asset with other cryptocurrencies, offering unique approaches to portfolio diversification. Explore the diverse strategies below and enhance your investment potential with ICONOMI.
There are no strategies with this asset.
What is Bancor
Bancor Network is a decentralized crypto exchange that focuses on the DeFi sector by allowing easy integration with Dapps. Bancor is one of the pioneers of the DeFi sector. Bancor network allows for the exchange of tokens across different blockchain networks. The BNT token serves as both the governance and the utility token. It runs on Ethereum and EOS, and for every trade on the platform, the tokens are converted to BNT for transactions. The gas fees from the trade generate rewards for the liquidity providers (LPs) who locked their BNT tokens on the exchange. BNT also serves as the governance token in the ecosystem.