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What is Bancor?
Bancor is a non-custodial exchange protocol built on Ethereum. Bancor was founded by Galia Benartzi, Guy Benartzi, Eyal Hertzog, & Yudi Levi and launched in 2016.How does Bancor work?
Liquidity providers deposit funds into Bancor and receive trading fees from traders (supply-side fees).Who governs Bancor?
BNT tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue). Bancor's investors include DeFiance Capital, ParaFi Capital, Mechanism Capital, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.