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Adding a Token to the Bancor Network

To add a new token to the Bancor Network, you simply need to create a "liquidity pool" for that token. Liquidity pools provide tokens with constant liquidity and allow anyone to "stake" in the pool in exchange for a share of the pool's trading fees and staking rewards.

Once live, any user can supply liquidity to a pool. The pool becomes more useful with each new user who adds liquidity, since more liquidity results in better prices on trades.  

There are no minimums to create a pool (you can create a pool with as little as $1 USD) and there is no central party controlling the process.

Get started:

Head over to our Data page

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On the top right side, you will see a "Create pool" button. Once clicked, you'll be prompted to a new page, asking you to define weights. We highly recommend a 50/50 weight, which is most commonly used, and can be voted for impermanent loss protection and liquidity mining rewards.

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Once live, any user can supply liquidity to a pool. The pool becomes more useful with each new user who adds liquidity, since more liquidity results in better prices on trades.  

There are no minimums to create a pool (you can create a pool with as little as $1 USD) and there is no central party controlling the process.

You may as well:

1) Join the Bancor Developers Telegram Group.

2) Embed the Bancor conversion widget on your site.

3) Get your community to start staking.

 

FAQ

 

Learn More:

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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.

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