Emanate to adopt Bancor Protocol for cross-chain token swaps
Written by Emanate team
Emanate announces four new token exchange and token liquidity networks this month! We’re proud to add Bancor Protocol!
Integrating EMT with the Bancor Protocol is an easy choice for Emanate, giving Emanate users instant token conversions in both directions, using on-chain liquidity pools rather than human-mediated order books.
The Bancor Liquidity Network gives users the opportunity to swap any listed EOS token for EMT, and with the new Bancor Unified Wallet, users can swap any integrated ERC20 token directly for EMT as well. Bancor plans to integrate additional blockchains into its network, and BNT (the Bancor Network Token) is the bridge through which non-custodial cross-chain conversions can occur.
More than 140+ tokens are currently live on the Bancor Network, giving EMT holders instantly convertibility into ERC20 tokens like DAI (Maker Dao), BNB (Binance) and BAT (Basic Attention Token), as well as EOS-based tokens like IQ (Everipedia), DICE (BetDice), BLACK (eosBLACK) & many more.
The Bancor Liquidity Network sits amongst the coinmarketcap Top 100.
About Bancor Protocol
Bancor is an on-chain liquidity protocol revolutionizing the way people create and share value by ensuring constant convertibility between tokens. Conversions via Bancor are executed against on-chain liquidity pools using automated market makers to price and process transactions without order books, enabling faster, cheaper and more predictable conversions across 9700+ ERC20 and EOS token pairs, including non-custodial conversions between blockchains Bancor technologies impact organizations and people across the globe, from blockchain teams to token holders to real-world communities in Africa, Asia and beyond.
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