Bancor is a fully enhanced on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain. The Bancor Protocol is an open-source standard for liquidity pools, which in turn provide an endpoint for AMM against a smart contract. Bancor v2 cooperates with Chainlink, which is the Oracle, to obtain the off-chain price and provide a better experience for users. BNT is the native token of Bancor, which would be used to incentivize and the DAO.
Bancor is a fully enhanced on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain. The Bancor Protocol is an open-source standard for liquidity pools, which in turn provide an endpoint for AMM against a smart contract. Bancor v2 cooperates with Chainlink, which is the Oracle, to obtain the off-chain price and provide a better experience for users. BNT is the native token of Bancor, which would be used to incentivize and the DAO.