A Relay Token is an ERC20 compliant Smart Token that is configured with two connectors, one that holds a balance of BNT and one that holds a balance of another ERC20 token. A Relay Token enables conversions between BNT and the connected token using an on-chain transaction. Because BNT can be converted into any other token in the Bancor Network, the connected token can also be converted to any other token, in another on-chain transaction.
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How do Relay Tokens work?
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