Introduction to Rentible on Bancor.

As part of Rentible’s published proposal for whitelisting on Bancor, They want people to about the mutual benefits of the collaboration between Rentible and Bancor.

TL;DR — a whitelisted $RNB pool opened on the Bancor network will enable community members migrating from Uniswap to Bancor, to perform single-asset staking and gain impermanent loss protection. In addition to the possibility for Rentible to be added to the BNT liquidity mining rewards program in the future.

About Bancor

The Bancor Network is a long-standing decentralized exchange and an established veteran in the dApp space, introducing the first Automated Market Maker on the Ethereum blockchain in 2017, allowing users to swap token pairs with ease. Since then, the Bancor protocol has introduced a host of new novel updates and developments to improve their network by enabling single-sided exposure and protection from impermanent loss for whitelisted tokens.

⬇️DETAILS:

https://medium.com/rentible-io/introduction-to-rentible-on-bancor-47e3e8397a1a