CanYa & Bancor Protocol – Providing Token Liquidity

CanYa & Bancor Protocol

CanYa announces integration with the Bancor Protocol to provide access to the Bancor decentralised liquidity network.

Bancor Protocol is a Decentralized Liquidity Network that allows users to hold any Ethereum token and convert it to any other token in the network. The exchange is achieved with no counter party, at an automatically calculated price, using a simple web wallet. Smart tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive.

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By integrating the Bancor Protocol, CAN token holders gain access to continuous liquidity regardless of trade volume or exchange listings, where any integrated token can be automatically converted to any other directly from any Web3 wallet, such as MetaMask.

Currently integrated tokens include ETH, BNT (the Bancor Network TokenTM), GNO (Gnosis), and a long list of announced projects soon to be activated.

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Between the Bountysource relaunch and the upcoming CanYa platform there will be a massive demand for the CAN token, it is a natural step for us to use Bancor to provide our users with an easy way to convert tokens

JP Thorbjornsen, CEO of CanYa.


Partnering with Bancor will provide a level of liquidity that will allow access to everyone who wants to be a part of the CanYa and Bountysource platforms on our journey to revolutionise online services. We have been impressed with Bancor’s progress and believe our two platforms share the same ethos of disrupting the status quo with the power that a decentralised platform allows.

JP Thorbjornsen, CEO of CanYa.


CanYaCoin

CanYa finished Australia’s second most successful ICO (after Power Ledger) in December and has been moving rapidly to execute its ambitious road map for 2018.

CanYa is looking capitalise on a $2 trillion dollar (and rapidly growing) market with a 20x disruption in price and a suite of other powerful features only made possible by blockchain technology.

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CanYa has also acquired Bountysource and its 46,000+ user base in late December, 2017. Bountysource is the world’s first and largest peer-to-peer platform for open-source software developers to post and complete open-source bounties. Bountysource will be adding cryptocurrency bounties and smart contract auditing, which will be in strong demand throughout 2018 and beyond.

Read more about the CanYa’s ambitious roadmap and partners at https://canya.io/

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For all the latest news and updates follow us here:

CanYaCoin is the cryptocurrency ERC20 token that powers the CanYa Platform, the world's best blockchain powered P2P marketplace for services

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CanYa

CanYa is a decentralised marketplace that helps everyday people outsource local and digital services. Through CanYaCoin we are helping mainstream adoption of cryptocurrency by bridging the gap between the cryptocommunity and skilled service providers.

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