Ecosystem

New Tokens on the Network

Twelve new tokens were added by users to the Bancor Network in Q2 2019, ranging from stablecoins to tokenized art. That brings the total number of live tokens to 148, creating more than 11,000 token pairs convertible across EOS & Ethereum.

Trade Stuff (STUFF)

Finx (FINX)

Crowd Machine (CMCT)

Eurasia Food Coin (EFOOD)

PixEOS (PIXEOS)

Emanate (EMT)

Native Utility Token (NUT)

EOSDT (EOSDT)

Flexacoin (FXC)

Partial Coin (PRTL)

Dragon (DRAGON)

USDQ (USDQ)

Bancor Developers

After two years battle-testing and iterating on the Bancor Protocol, the Bancor Foundation is now increasing its focus on developer communities. For starters, we’ve recently opened The Bancor Developers Telegram Group, where individuals and teams building on Bancor can now connect, collaborate and receive direct support from Bancor’s core developers. Next on deck are revamped Developer Docs as well as a Bancor Developers Grant Program, coming soon!

Interested in building on Bancor? Check out Bancor’s Github, Developer Tools & join the Bancor Developers Telegram.

CryptoManiacs Utilizes Bancor in ETHNewYork Hackathon Win

The CryptoManiacs team recently won the Ethereum Name Service (ENS) prize at the ETHNewYork Hackathon during NYC Blockchain Week for a project using the Bancor API. The project, 1inch.exchange, splits token conversions across Bancor and multiple DEXs in order to alleviate high price slippage on large individual orders. Check out https://1inch.exchange/.

TokenYield Integrating Bancor

TokenYield.io, an easy-to-use dashboard for identifying and comparing dividend-paying tokens on EOS, announced it will integrate Bancor, allowing users to instantly convert EOS tokens without leaving the app. Learn more.

EOS Creator Proposes Token Pegging Algorithm Using Bancor

The creator of EOS, Dan Larimer, previously integrated the Bancor algorithm into the asset allocation model for EOS RAM. This model has successfully delivered automated liquidity to the RAM market since the EOS blockchain went live in 2018. Since then, Bancor has also been integrated into the EOS Resource Exchange (REX), which allows users to earn fees renting out CPU and Network Resources, and is today the largest DeFi project across any blockchain, as measured by liquidity locked. In Larimer’s latest use of Bancor, he has proposed a “high liquidity price pegged token algorithm” based on Bancor. According to Larimer:

“The premise of our algorithm is that those willing to be slightly leverage-long in a collateral asset (such as EOS), can make money by facilitating market making activities between EOS and a fungible pegged asset, (e.g. USD), whose value is designed to track a price feed within an allowed deviation range.”

Bancor Co-Founder and Product Architect Eyal Hertzog joined EOS Radio to dig deeper into the proposal and provide some analysis.

CoinMarketCap’s Data Accountability & Transparency Alliance

We were proud to partner on CoinMarketCap’s Data Accountability & Transparency Alliance — which seeks to enhance and align reporting standards across the industry. Bancor was recognized as a leader in transparency based on its scale, design and public API endpoints which report metrics such as network volume, pricing and available token pairs.