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BancorX Cross-Blockchain Liquidity Platform to Connect EOS and Ethereum

“The decentralized liquidity network has launched a cross-chain conversion platform between Ethereum and EOS. Bancor, the decentralized liquidity network, has launched a new platform called BancorX that enables the cross-blockchain exchange of BNT tokens between Ethereum and EOS blockchains” writes Kuldeep Kaul for livebitcoinnews.com. The launch of an on-chain exchange platform between Ethereum and EOS will be good for the growth of both platforms.New tokens can be integrated with Bancor’s liquidity network by staking a certain amount of those tokens in a smart contract.According to the announcement, BancorX offers the following features: The platform is expected to boost the liquidity on both blockchains by facilitating free movement of tokens between the two.
 
Source: livebitcoinnews.com



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