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: 59.35%(-0.23%/24h)
ETH Dominance: 9.8%(0.00%/24h)
Defi Market Cap: $0B(+4.44%/24h)
Total Market Cap: $2482.62B(+0.39%/24h)
Total Trading Volume 24h: $84.42B(-1.40%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1009.24B
Altcoin Volume 24h: $52.62B
Total Cryptocurrencies: 37610
Active Cryptocurrencies: 8274
Active Market Pairs: 113750
Active Exchanges: 948
Total Exchanges: 12211
BTC: 73536.47$(0.1%/1H)
ETH: 2016.3$(0.13%/1H)
AVAX: 8.92$(0.21%/1H)
BNB: 673.99$(0.35%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.23$(0.05%/1H)
DOT: 1.2$(-0.07%/1H)
UNI: 3.03$(0.25%/1H)
CAKE: 1.41$(0.63%/1H)
SUSHI: 0.2$(0.21%/1H)
ONE: 0$(-0.31%/1H)