Ferrum Network Integrates Bancor — Bancor Joins The Iron Alliance

Published on: 29.09.2021

About Bancor

Bancor is a decentralized liquidity protocol that offers a simple and safe way to trade crypto and earn a yield on your favorite tokens. The protocol is made up of a series of smart contracts designed to pool liquidity and perform automated trades with no counter-party. Users deposit their tokens on Bancor in exchange for trading fees and liquidity mining rewards. Unique to Bancor is the ability for users to maintain single-asset exposure and protection from impermanent loss while earning yield. Bancor generates millions in fees for liquidity providers per month, offering up to 60% APR on tokens including ETH, WBTC, LINK, AAVE & more. Bancor is owned and operated by its community as a decentralized autonomous organization (DAO).

What does this integration entail?

After passing a vote from Bancor Network’s DAO with flying colors, we are proud to integrate

Bancor with Ferrum. There’s a multitude of elements involved in this collaboration so let’s dive into them.

🔽DETAILS:

https://medium.com/ferrumnetwork/ferrum-network-and-bancor-form-strategic-partnership-bancor-joins-the-iron-alliance-42220f8ebde5

Market Stats:
BTC Dominance: 59.09%(+0.13%/24h)
ETH Dominance: 12.37%(-0.02%/24h)
Defi Market Cap: $0B(+41.25%/24h)
Total Market Cap: $3128.68B(-2.78%/24h)
Total Trading Volume 24h: $95.31B(+59.89%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1279.85B
Altcoin Volume 24h: $65.27B
Total Cryptocurrencies: 36938
Active Cryptocurrencies: 8965
Active Market Pairs: 118357
Active Exchanges: 915
Total Exchanges: 11737
BTC: 92551.86$(-0.13%/1H)
ETH: 3205.65$(-0.3%/1H)
AVAX: 12.63$(0.62%/1H)
BNB: 918.9$(-0.01%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.36$(0.2%/1H)
DOT: 1.97$(0.41%/1H)
UNI: 4.96$(0.67%/1H)
CAKE: 2.01$(-0.32%/1H)
SUSHI: 0.31$(-0.93%/1H)
ONE: 0$(-0.51%/1H)