The Bancorian | A Weekly Summary-September 19th 2021

In this week’s Community Call recording, Bancor shared the development updates above and featured three teams to discuss collaborations with the Bancor ecosystem: Eden Network, Ferrum Network, and Snapshot. Eden team pitch for Liquidity Mining Rewards (10:01) Recap: Eden is a transaction priority network using economic incentives to encourage miners to prioritize end-user transactions; all … Read more

The Bancorian | A Weekly Summary-September 12th 2021

🔥Bancor Vortex The vortex continues burning vBNT and locking BNT in the protocol forever. This week we saw roughly ~85K in vBNT that was burned by the vortex. +—————-+————–+| time | burnedamount |+—————-+————–+| 9/5/2021 0:00 | 15674.62085 || 9/6/2021 0:00 | 5102.025767 || 9/7/2021 0:00 | 15087.82258 || 9/8/2021 0:00 | 21069.53259 || 9/9/2021 0:00 … Read more

The Bancorian | A Weekly Summary-September 5th 2021

🔥Bancor Vortex The vortex continues burning vBNT and locking BNT in the protocol forever. This week we saw roughly ~50K in vBNT that was burned by the vortex. This was an increased from ~1.017m last week to ~1.067m today. At current BNT prices (~$4.00) this equates to $200K worth of $BNT locked forever. 🔒 📊 … Read more

Bancorian Digest | A Weekly Summary-August 29th 2021

Bancor Vortex The vortex has now burned over 1M $vBNT 💥 $vBNT 🔥 went live on April 4th 2021 and initially 5% of swap fee revenue was collected to buy and burn vBNT. The Bancor DAO later voted to increase the burn rate to 10% as part of a Bancor Improvement Proposal. These changes went … Read more