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Do I need to sell some of my tokens for BNT or ETH in order to deposit in a pool?
May 17, 2022 10:26
No, as a key innovation of Bancor is allowing users to do "Single-Sided Staking". This means users only need to deposit a single token in Bancor instead of pairing their tokens 50/50 with another asset (like ETH or a stablecoin, as in legacy liquidity pools). Depositors then earn auto-compounding trading fees paid in the same tokens they deposited.
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