The Bancor Protocol ensures continuous liquidity and real-time price discovery between blockchain-based assets.
Providing the ability to hold a reserve of another cryptocurrency, the Bancor Protocol equips blockchain-based assets with built-in liquidity and automated pricing through their smart contracts.
The Bancor Protocol is a powerful open source framework inspiring the next generation of token projects. The Protocol enables the conversion between a token and its connectors and can be implemented using multiple contracts.
With a simple formula balancing conversion, every token in the Bancor Network maintains a formulaic relationship to every other. The result is a technical revolution that allows tokens to be seamlessly converted to one another in real time, without the need to match buyers and sellers.