Proof of Work

Cryptocurrency

Base Ecosystem

ERC-404

Ethereum Mainnet

Binance Smart Chain Mainnet

Avalanche C-Chain

Fantom Opera

Polygon Mainnet

Cronos Mainnet Beta

Arbitrum One

Klaytn Mainnet Cypress

Harmony Mainnet Shard 0

Metis Andromeda Mainnet

Huobi ECO Chain Mainnet

Aurora Mainnet

Celo Mainnet

Optimism

Gnosis Chain (formerly xDai)

Theta Mainnet

Moonriver

Emerald Paratime Mainnet

Fusion Mainnet

Telos EVM Mainnet

RSK Mainnet

Moonbeam

IoTeX Network Mainnet

OKExChain Mainnet

Boba Network

Wanchain

KCC Mainnet

Velas EVM Mainnet

Smart Bitcoin Cash

Songbird Canary-Network

CoinEx Smart Chain Mainnet

Fuse Mainnet

Shiden

Elastos Smart Chain

Callisto Mainnet

ThunderCore Mainnet

Meter Mainnet

TomoChain

Energy Web Chain

Syscoin Mainnet

Ubiq

Polis Mainnet

Zyx Mainnet

High Performance Blockchain

GoChain

Palm

Expanse Network

ThaiChain

Metadium Mainnet

Flare Mainnet

Diode Prenet

ThaiChain 2.0 ThaiFi

ELA-DID-Sidechain Mainnet

Dithereum Mainnet

ShibaChain

Genesis L1

GoodData Mainnet

TBWG Chain

Valorbit

Darwinia Crab Network

XinFin Network Mainnet

Ontology Mainnet

EOS Mainnet

Ethereum Classic Mainnet

Ellaism

SoterOne Mainnet

IDChain Mainnet

POA Network Sokol

PrimusChain mainnet

GeneChain

GateChain Mainnet

Nova Network

Garizon Stage0

Garizon Stage1

Garizon Stage2

Garizon Stage3

NEXT Smart Chain

POA Network Core

EtherInc

EtherLite Chain

Fuse Sparknet

Decentralized Web Mainnet

OYchain Mainnet

Factory 127 Mainnet

DAX CHAIN

Lightstreams Mainnet

Seele Mainnet

BMC Mainnet

BitTorrent Chain Mainnet

Arbitrum on xDai

Freight Trust Network

Permission

Setheum

SUR Blockchain Network

Web3Q Mainnet

PulseChain Mainnet

Lisinski

Rupaya

Double-A Chain Mainnet

## What is Bancor Network?
Bancor is a blockchain protocol aiming to encourage users to lock their crypto assets in pools, in return for a portion of the fees paid by traders when buying and selling those assets.

In doing so, Bancor aims to facilitate the functioning of automated market makers ([AMMs](https://coinrotator.app/category/AMM)), which are mechanisms designed to provide liquidity to markets without the need for direct management by a financial institution. In simple terms, AMMs like Bancor strive to enhance the liquidity of specialized crypto asset markets by incentivizing users to create and maintain pools of assets. 

When a trade occurs on the Bancor platform, tokens are converted into BNT as an intermediate step. The liquidity providers who deposited the assets then earn a return on their funds, calculated as a percentage of the fees paid by traders.

Although Bancor shares similarities with other popular DeFi platforms such as [Balancer](https://coinrotator.app/coin/balancer) or Uniswap, it is specifically built to offer its services across both EOS and Ethereum.

## What Makes Bancor Network Unique?
While there are other blockchain-based software incorporating automated market maker (AMM) mechanisms, Bancor stands out as one of the pioneering protocols in this field. What sets Bancor apart is its ability to seamlessly convert tokens without the need for intermediaries such as financial institutions. This allows users to retain custody and ownership of their funds, simplifying the management of traded cryptocurrencies.

The distinctive aspect of Bancor extends to its technical capabilities in maintaining self-governing liquidity pools. Users can deposit their funds into these pools and earn rewards and trading fees. Moreover, Bancor establishes connections with other networks, creating an automated ecosystem for seamless trading.

## Bancor Network Team Background
The Bancor project was co-founded by Galia and Guy Benartzi, with notable investors such as Tim Draper, a partner at the investment firm Draper Fisher Jurvetson. In a token sale orchestrated and overseen by the Bprotocol Foundation, the project successfully raised $153 million. Approximately half of the tokens sold were allocated to over 11,000 investors, while the remaining tokens were distributed to the development team for grants and operational expenses.

Bancor has partnered with Polygon (MATIC), [Synthetix](https://coinrotator.app/coin/havven) (SNX), Yearn (YFI), WOO Network (WOO), [Gnosis](https://coinrotator.app/coin/gnosis), Status, Civic, and others.

## Bancor Project Developement
The Bancor Arb Fast Lane protocol has entered its beta phase and is now live! Fast Lane is a protocol that enables any user to engage in arbitrage activities between Bancor ecosystem protocols and external on-chain exchanges. By doing so, users can redirect their arbitrage profits back to the Bancor ecosystem. Unlike other decentralized exchanges (DEXs), Fast Lane allows Bancor ecosystem protocols to retain the arbitrage profits that would otherwise be lost to external entities such as arbitrage bots and MEV bots.

Thanks to the transparent and inclusive nature of Fast Lane, along with its bot framework, more users now have the ability to identify and capitalize on arbitrage opportunities. This contributes to ensuring that the liquidity within the ecosystem is traded at rates comparable to the broader market.

## {{name}} Price Analysis

As of {{month}} {{day}} {{year}} {{name}} has a marketcap of {{marketcap}}. 
This is {{percentagefromath}} from its all time high of {{ath}}. 
In terms of its tokenomics, there's a total supply of {{totalsupply}} with {{percentagecirculatingsupply}} currently outstanding. 
Keep in mind {{name}} has a fully diluted value of {{fdv}} which many investors might interpret as overvalued. 

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Bancor Network

Bancor Network

Price Data

Analysis

Trade

Market Cap

All-Time High

All-Time Low

Fully Diluted Valuation

Circulating Supply

Total Supply

Categories

Similar Coins

ICO Date