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RE: Using the Bancor Protocol, It’s Easy Peasy

in #bitcoin7 years ago

Bancor protocol works with any ERC20 token. The liquidity comes from a Smart Token Relay which holds DAI and BNT, enabling conversion between them using the #Bancor formula which assures liquidity at a market-driven conversion rate.

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Thanks for the info!
... a DAI use case, interesting.

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