Altcoins News

Story: Bancor (BNT) Supply Revenue and Understanding Their Plans and Progress

By James Thorp

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It helps if people would take time to understand how Bancor works.  $vBNT burning is just around the corner.

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There is an upcoming full release of Bancor Vortex. Reportedly, the total value locked in the Bancor Protocol has multiplied, thus exceeding $1.6 billion.

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The traction of Bancor in the DeFi world is increasing rapidly.  The liquidity pools are not willing to risk their capital due to the threat of impermanent loss on the…

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There is a lot of governance activity and community engagement in the Bancor ecosystem.  Development activities in the core are happening faster than ever before.

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The recent update about the progress and plans consist of Full Vortex, Gasless Voting, Shadow Tokens, Origin pools, Fiat Ramp, Limit orders, Trader Incentives and UX, New LM…

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From the industry’s point of view, the elastic token supply and co-investments are attracting new attention from on-chain analysts.

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As regards the supply, there has been a steady rise in the BNT supply since the launch of Bancor V2.

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The BNT is considered to be placing deflationary pressure on BNT. They are working on better analytics to bring out the clear picture associated with “the percentage of BNT…

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As regards the revenue, DEXs are having two kinds of fees like the supply-side and protocol fees.

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The supply-side fees is that which is paid to liquidity providers (market makers), and the protocol fees is the fees paid to the protocol’s owners like the BNT token holders).

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It is not correct to value a traditional exchange based on how much the market makers are paid. However, the DEX evaluation is done this way.

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Reportedly, Bancor blog states that in the Bancor’s case, 50% of total swap fees can be taken to be the “protocol fees”, which is earned by BNT holders, after accounting for cost…

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