Smart MFG Tech Announces Integration with the Bancor Protocol
Smart MFG Tech, a blockchain solution for the manufacturing supply chain, today announced that it is joining the Bancor Network, a decentralized liquidity network, in order to enable continuous liquidity for the MFG ERC-20 token.
Smart MFG Tech is integrating the Bancor Protocol to provide continuous liquidity for the MFG Token, meaning users will be able to buy and sell MFG on the Bancor Network regardless of trade volume or exchange listings. With continuous liquidity, there is no need for a counterparty, so you won’t have to wait for your buy/sell order to be matched.
Any token on the Bancor Network can be instantly converted to any other at formulaically calculated prices. Currently integrated tokens include ETH, BNT, EOS, BNB, TRX, OMG and many more. Users will be able to buy and sell Smart MFG tokens directly from within the Bancor Wallet or from any Web3 wallet such as MetaMask.
The Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.