Soy Coin
2 min readMar 14, 2018

Bancor & Soycoin

Worldwide real Asset in production (SoyCoin), a new stablecoin in blockchain production’s global network of industrial plants and major mining farms, has today announced its integration of the ​Bancor​ Protocol to provide continuous liquidity for the Worldwide Asset eXchange platform.

By integrating the Bancor Protocol, SoyCoin token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the ​Bancor Network​. Currently integrated tokens include ETH, BNT (the Bancor Network Token), GNO (Gnosis), BNB (Binance) and a ​long list​ of announced projects soon to be activated.

“We’re anticipating massive demand for the SoyCoin token, so it absolutely makes sense for us to provide our users with an easy way to convert tokens,” said Asset Bakashev, CEO SoyCoin. “Integrating with Bancor will provide liquidity to everyone who wants to be a part of SoyCoin as we create real assets, real advantage and revolutionize the real industry.”

SoyCoin will activate a Relay Token with 2% of its circulating token supply within a week following the successful completion of the Token Sale. Users will be able to purchase and sell WAX tokens directly from any Web3 wallet at a formulaically calculated price.

About SoyCoin

SoyCoin is a network of the industrial plants, uniting the real industry with the cryptocurrency industry. All plants will work at a basis of green technologies and will be absolutely waste-free, and the received free energy will serve the network of the largest mining farms working at base of the plants. Thereby we will create the largest network of the mining farms working without costs of electricity and independent of the central power supply systems. Besides due to uniting of these technologies we strengthen the infrastructure of the cryptocurrency industry, reduce risks to mining businesses, insuring real production, and real production will increase profitability due to decrease in prime cost of the made goods. Also we will increase application of cryptocurrencies in real life of people selling goods of the plants for cryptocurrency of Bancor network. For more information, please visit https://www.soy-coin.com/ and our Official telegram channel https://t.me/SoyCoin

About Bancor

Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information. ###