Bancor Network Token (BNT) is the native cryptocurrency of the Bancor Network, a decentralized ecosystem that enables on-chain trading and liquidity. Its main protocol, Carbon, allows users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies ¹.$BNT

Here are some key stats about BNT:

- *Market Capitalization*: $66.5 million ¹

- *Circulating Supply*: 124.9 million BNT ¹

- *Total Supply*: 124.9 million BNT ¹

- *24-hour Trading Volume*: $2.4 million ¹

- *All-Time High*: $10.72 (January 9, 2018) ²

- *All-Time Low*: $0.1209 (March 13, 2020) ²

BNT can be used for various purposes, including:

- *Staking*: Users can stake their BNT to participate in governance and vote on proposals ²

- *Liquidity Provision*: BNT is used to provide liquidity to the Bancor Network ³

- *Trading*: BNT can be traded on decentralized exchanges, such as Bancor (V2) ²

The Bancor Network has undergone significant developments, including the launch of its DAO (Decentralized Autonomous Organization) in 2020, which oversees the governance of the network ². The network's future plans include the deployment of its flagship protocols, Carbon and Fast Lane, on other Layer-1 and Layer-2 blockchains ².