Bancor System

Bancor System

Bancor system is a mathematical equation to determine the price of eBank Token . How does coin price increase? When balance increase coin price goes up. When total coin supply decrease coin price goes up. Advantages of Bancor? Insurance – Bancor act as a insurance for all users , Users not only sell their eBank

Bancor system is a mathematical equation to determine the price of eBank Token .

How does coin price increase?

When balance increase coin price goes up.

When total coin supply decrease coin price goes up.

Advantages of Bancor?

  1. Insurance – Bancor act as a insurance for all users , Users not only sell their eBank Token in exchange , you can also sell eBank Token to Bancor Pool
  2. Stabilizing coin price – Bancor saves one from manipulation and offers the best equivalent currency using Smart Tokens, where the rate is calculated by an unbiased collection of formulas and algorithms. Bancor maintains a Constant Reserve Ratio (CRR) in all Smart Token contracts which in turn saves it from exhaustion. It’s perpetual.
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