As TKN liquidity providers provide liquidity, the protocol generates BNT to match it, and receives its own bnBNT tokens. Then, BNT liquidity providers burn their BNT in exchange for bnBNT from the protocol's own holdings. During the initial launch phase, it is expected that the protocol will occasionally run out of bnBNT until the new version gains some momentum and increases its overall TVL, which could be the reason BNT deposits are temporarily unavailable.
Articles in this section
- Connect your Web3 Wallet to Bancor
- Interacting with Bancor: associated gas fees breakdown
- My transaction is pending/ stuck for a long time. Is there anything I can do?
- Why am I unable to deposit BNT?
- My transaction failed. Can I get a refund?
- A transaction completed but the trade or deposit did not finalize nor created. Why?
- Where can I view my transaction history for tax purposes?
- I'm getting a MetaMask "ALERT" error. Should I proceed?
- How do I import my existing wallet to MetaMask using my private key/JSON file?