Articles in this section

How can I see the conversion path of my transaction on Etherscan?

When converting tokens using the bancor liquidity network, your transaction hash will execute an array of internal transactions. Etherscan will display them in a list of token transfers, which we can easily explain:

Etherscan link: https://etherscan.io/tx/0xce13a57800790c8195ba9438eb66cb23ab9a76ac08e6d9cc4cccaa7c6623b8f3

  1. The first step will be to transfer tokens (in this case ABX) from your wallet to the BancorNetwork contract. From this step, the BancorNetwork contract will manage all token transfers until you reach the destination token. At that stage, the BancorNetowork contract will transfer the destination token back to your wallet address (the wallet address initiated the convert with the initial transfer)
  2. BancorNetwork contract transfer the ABX tokens to the ABXBNT token converter
  3. ABXBNT tokens are transferred into the Bancor Network contract
  4. BancorNetwork contract transfer ABXBNT tokens to the ABXBNT token converter
  5. ABXBNT token converter transfer BNT back to the BancorNetowkr contract
  6. BancorNetwork contract now transfer the BNT tokens to the BNT token converter
  7. BNT token converter transfer in return ETH token to the BancorNetwork contract
  8. BancorNetowkr contract now transfer the ETH tokens into the EtherToken contract which in return transfer ETH into the wallet of the user who initiated the convert

  

Was this article helpful?
3 out of 9 found this helpful
Have more questions? Submit a request
Return to top
Disclaimer: When reading this article, please keep in mind the following: (1) Important to notice that wherever referring to any sensitive information of yours, including private keys, key-pairs or other account information, that information is yours. We can only make limited suggestions to how such information may be treated and protected, but the responsibility is yours. You should always make sure your information is protected and kept private, in the best available way; (2) that the information contained herein is a simplified extract of detailed information and sources generally available on the internet. This basic information was collected and displayed in attempt to provide you with better understanding of certain processes and aspects which relate to content and applications on Bancor’s site. Although we do our best to keep this information up-to-date, we cannot always guaranty that. This is since the information originates from third parties or relates to third party services, applications and technologies (such as Metamask, Scatter, EOSToolkit, or EOS), which are unrelated or unaffiliated with Bancor. These third parties’ applications, services and technologies are available on the internet, and may be subjected to applicable terms and conditions. Accordingly, though the said information and third applications, services and technologies (“Third Parties Content”) are believed to be reliable, Bancor provides no warranties regarding them (including their accuracy or completeness). IN NO EVENT WILL BANCOR BE LIABLE FOR ANY SPECIAL, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES, INCLUDING, WITHOUT LIMITATION, LOST REVENUES, LOST PROFITS OR LOSS OF PROSPECTIVE ECONOMIC ADVANTAGE RESULTING FROM THE USE OF THE THIRD PARTIES CONTENT EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, OR FOR ANY CLAIM BY ANOTHER PARTY.

Related articles