Details about Bancor Governance cryptocurrency
€91
55,505,930
22.499
Unknown
40571x
€22032.5
Bancor Governance price charts
VBNT exchanges
Bancor Governance, the crypto
Bancor Governance (VBNT) is a cryptocurrency token that operates on the Ethereum platform. It serves as a governance mechanism for the Bancor Network, which is a decentralized exchange that enables the conversion of digital assets without the need for an order book or counterparty.
The point
The main point of Bancor Governance (VBNT) is to provide greater control and influence over the Bancor Network to token holders. With VBNT, token holders are able to vote on proposals related to the network's development, including changes to the fee structure, the addition of new features, and the allocation of funds.
The problem
Bancor Governance (VBNT) tries to solve the problem of centralization in traditional exchanges. By giving token holders a say in the development of the Bancor Network, it aims to create a more decentralized and democratic ecosystem for exchanging digital assets. This helps to maintain transparency and foster trust within the community.
Compare VBNT and BTC performance
| Timeframe | VBNT | BTC |
|---|---|---|
| 1h change | 0.926796 % | 0.0273948 % |
| 24h change | 2.47 % | 0.132108 % |
| 7 day change | -8.02 % | 4.34499 % |
| 14 day change | -3.08 % | -2.41834 % |
| 30 day change | -29.7 % | 0.364837 % |
| 200 day change | 60.47 % | 135.369 % |
| Year change | 49.01 % | 150.504 % |