Could anyone help me with a few questions about bancor? Is

Question

Could anyone help me with a few questions about bancor? Is

it realistically possible/interesting for a micro cap (2 mil market cap) to list their token on bancor?
Am I correct to say that even if they do list it, it would basically be the same as listing on an other DEX (in regards to IL) until the token is whitelisted? And if so, how hard would it be for said token to be whitelisted

#bancor #blockchain #cryptocurrency #english

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11.01.2022

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Luppa Автор вопроса

Carlo AmaZix
Hi there, Luppa! Appreciate your interest. Here's ...

Thank you for your answer :) It's a bit clearer already

0

11.01.2022

Carlo AmaZix

Luppa
Thank you for your answer :) It's a bit clearer al...

Always a pleasure, Luppa! If anything comes up, don't hesitate to reach out.👌

0

11.01.2022

Carlo AmaZix · Accepted Answer

Hi there, Luppa! Appreciate your interest. Here's how it works - If you have a token and you'd like to have it listed on Bancor, you can create a liquidity pool. You'll need your tokens and an equal value of BNT to add to the pool. The more you add to the pool, the deeper it is and the less slippage it has for your users who'll swap on Bancor. I hope this helps to answer you questions 😃 You can start a pool at https://app.bancor.network/eth/pool/create Keep in mind that every pool starts out as a non-whitelisted pool, but you can put up a proposal for the DAO to vote on to whitelist the token https://bancor.medium.com/how-to-whitelist-a-token-on-bancor-v2-1-c867b82675d4 Submitting Proposals https://blog.bancor.network/a-guide-to-bancordao-due-process-d958ceade75 Vote Delegation https://blog.bancor.network/how-to-delegate-voting-power-in-the-bancordao-b82df46be416

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Could anyone help me with a few questions about bancor? Is

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