BNT holders who deposit their BNT on Bancor receive vBNT, Bancor's governance token. It is used in order to influence the protocol's changes via proposals after they're discussed in our governance forum. With vBNT, you can:
- Stake it to participate in the Bancor DAO
- Swap for another token for further trading/ staking activities (while keeping in mind the risks involved)
- Deposit it in the vBNT pool for trading fees
- In order to withdraw deposited BNT position from the protocol, you must return the same amount of vBNT you originally received.
