Vortex: V3 upgrade

Have more questions? Submit a request

The function of the Bancor Vortex remains unchanged in Bancor 3, however its specific behavior is modified to be more efficient. Rather than collecting a wide variety of token types, the Vortex on Bancor 3 will collect BNT exclusively; fees earned in TKN are swapped immediately for BNT. Therefore, triggering the Vortex results in a single swap of BNT for vBNT directly, rather than a myriad of swaps across numerous TKN pools for BNT as a first step. This simplified arrangement has consequences both for the effective value burned, and an improved gas efficiency overall.

 

To read more regarding the Bancor Vortex, click here and here

 

Articles in this section

Was this article helpful?
2 out of 2 found this helpful