Name
Price
Price change(24h)
Market cap
Supply
BNT
Bancor
N/A
N/A
N/A
N/A
BNT
Bancor
N/A
N/A
![a blue credit card with the numbers 0000 0000 0000 0000](https://cdn.sanity.io/images/bor5n0ip/production/dc5652bbc5a26efa770bee2a4e7f5cb07e74e4e1-640x612.png?q=80&auto=format)
What is Bancor (BNT)?
Bancor is a decentralized staking protocol that launched in 2017, making it the first DeFi protocol. Its network uses the Bancor Network Token (BNT) for providing liquidity in its pools. The community governs Bancor as a decentralized autonomous organization (Bancor DAO). It strives to provide a resolution to impermanent loss through a decentralized staking solution.
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