Kyber Network official: Bancor was introduced as a new member of the bridge pool to bring higher liquidity to users

BlockBeats: today, Kyber Network officially announced the introduction of Bancor as a new member of the bridge pool and the integration of its liquidity pool. Kyber Network users will enjoy higher liquidity brought by $BNT. Bancor is a decentralized mobile network that provides users with a simple and low-cost way to buy and sell tokens. Bancor's open source protocol directly authorizes tokens with built-in convertibility through smart contracts, enabling integration tokens to be instantly converted to each other without matching buyers and sellers on the exchange.

It is understood that Kyber's on-chain liquidity protocol enables decentralized token exchanges to be integrated into any application, enabling a seamless exchange of value between parties in the ecosystem. Using the Kyber protocol, developers can build innovative payment processes and applications, including instant currency exchange services, ERC20 payments and financial DApps.

Text link:https://mp.weixin.qq.com/s/XqIFFvh26Ab1XQTfRxmDWg

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