Jarvis integrates Bancor Protocol to provide liquidity to millions of users and enable access to the Bancor Network.
Sofia, Bulgaria — November, 30th 2018. One week after the end of a successful private presale amounting to $1,244,534, and the beginning of a public presale, Jarvis continues to unveil strategic integrations. Today the company is excited to announce integration with the Bancor Protocol and Network.
Connecting Bancor’s liquidity to Jarvis Liquidity Pool
The Jarvis Reward Token (JRT), which rewards token holders with 20% of Jarvis revenue, will integrate the Bancor Protocol. Through this integration, users will be able to seamlessly convert JRT into any other token available on the Bancor Network, including ETH, EOS, BNB and 130+ other tokens, directly from their wallets. Users can now convert JRT instantly without using an exchange and without needing to find a matching buy or sell order.
Another aspect of the integration is the connection of the Bancor Network with Jarvis’ own network of liquidity pools. The Jarvis Liquidity Pools Network connects and make interoperable various liquidity pools and protocols to enable instant cross-chain and cross-asset conversions. By adding the Bancor Network as a liquidity provider, it will allow Jarvis users to leverage from the liquidity in the Bancor Network. The Bancor Protocol utilizes an innovative Smart TokenTM connection mechanism, allowing any token to be instantly convertible to any other at continuously calculated prices directly from the Bancor Wallet or any Web3 wallet including MetaMask, Trust Wallet or Scatter.
Eventually, as Jarvis is developing a Web3 multi-currency wallet, it will be possible for Jarvis users to directly access the Bancor Network from within the wallet and web platforms.
“Bancor has one of the most impressive and elegant value propositions for liquidity. We are glad to integrate them in our liquidity network and also to allow our token to be easily converted into any other token in their network.”
— says Pascal Tallarida, CEO of Jarvis.
Bancor is the world’s largest decentralized liquidity network. Bancor functions similar to a decentralized exchange, with a key difference: orders are processed against automated smart contracts on the blockchain, instead of matching two parties in a trade. Any project can easily integrate their token by creating a Relay on the Bancor Network to automate fair and efficient token conversions for users, directly from their wallets. Tokens on Bancor are instantly convertible for one another, with 8500+ trading pairs across ETH, EOS, DAI, BNB & more. Bancor technologies impact organizations and people across the globe, from blockchain teams to token holders to real-world communities in Africa, Asia and beyond. Visit the Bancor Web App to convert tokens instantly, add your token on the Bancor Network or join the Bancor Telegram group for more information.
Jarvis delivers an interoperable and user-centric finance. Users can build a customized financial hub to manage their finances. Leveraging from open APIs and DLT, Jarvis technology transforms financial markets, services and products in plug-n-play extensions of users wallet. From their wallet, users manage fiat and digital assets, trade on a wide array of financial markets and products, and access thousands of partners Apps and DApps that greatly enhance Jarvis offering. The Jarvis Technology Framework includes a multi-currency Web3 wallet and a multi-assets hybrid decentralized exchange with a brokerage license. The framework connects to a network of centralized and decentralized liquidity pools and protocols that enable instant cross-chain and cross-asset class exchanges.