THELOGICALINDIAN - In addition agitative development for Saifu we are admiring to advertise that Saifu will accommodate with the Bancor Protocol afterward the achievement of our ICO The Bancor Network will accommodate connected clamminess for the Saifu badge giving ICO participants the advantage to catechumen their SFU to ETH BNT or a host of added tokens afterward the ICO
The Bancor Protocol provides clamminess for SFU holders by creating a broadcast token, a blazon of Smart Token™ that contains a accumulation of two tokens and lets users calmly catechumen one badge into the other. The broadcast badge works beneath the acceptance that the amount of the two food is equal. As the accumulation of one grows and the added falls, the about-face prices acclimatize automatically. Let’s attending at an example.
The (fictitious) XYZ BNT broadcast badge would accommodate Bancor Network Tokens and XYZ tokens. Let’s say it contains 1,000 of each. The broadcast badge assumes the two food accept the aforementioned value, so 1 XYZ = 1 BNT. If addition wants to buy 10 XYZ, they would charge to accelerate the broadcast 10 BNT. The broadcast now contains 990 XYZ and 1010 BNT, and the about-face amount changes accordingly: 990 XYZ = 1010 BNT because the accumulation of XYZ fell while the accumulation of BNT grew.
For a added accurate example, let’s attending at the Saifu Bancor broadcast token, which will actuate aural a anniversary of back the Saifu ICO ends on April 30, with 1.5% of SFU issued. Suppose you’d like to advertise some of your SFU. You would accelerate SFU to the broadcast token, which would buy an average badge alleged SFUBNT. This SFUBNT badge would afresh be exchanged afresh for BNT. Each about-face has a fee of 0.1%, so the absolute fee would be 0.2%.
Your new Bancor Network Tokens can be exchanged for any of the tokens on the Bancor Smart Network, after an added fee. Notably, this includes exchanges to Ether.
The Bancor Protocol is a accepted for the conception of Acute Tokens™, cryptocurrencies with congenital convertibility anon through their acute contracts. Bancor utilizes an avant-garde badge “connector” adjustment to accredit formulaic amount adding and connected clamminess for all chip tokens, after defective to bout two parties in an exchange. Acute Tokens interconnect to anatomy badge clamminess networks, acceptance user-generated cryptocurrencies to thrive.
To catechumen tokens instantly, appointment the Bancor Web App or accompany the Bancor Telegram group for added information.
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