ANKR joins BEPSwap as Launch Partner

2019-07-12 — 4 min read

BEPSwap

BEPSwap was announced on 10th of July 2019 as the first go-to market platform for the THORChain protocol. Any BNB or BEP2 holder will be able to swap BEP2 tokens at market prices — instantly from their wallet.

They can also stake their assets in these pools to earn trade commissions. This is a ground-breaking moment for liquidity and turning all assets into productive ones that earn a small on-going return.

Stake assets in pools, allowing swaps between them.

ANKR

Ankr is a distributed computing platform that aims to leverage idle computing resources in data centers and edge devices. What Ankr enables is a Sharing Economy model where enterprises and consumers can monetize their spare computing capacities from their devices, on-premise servers, private cloud and even public cloud. This enables Ankr to provide computing power much closer to users at a much cheaper price.

ANKR joined Binance Chain as a BEP2 asset and listed on Binance DEX on 06 June 2019. The ANKR token is the token of the economy, aligning incentives for users, allowing them to share in the value of the ecosystem as a whole. Users get paid $ANKR when they put their computing resources to work, and developers pay $ANKR to purchase compute power. This corrects the problems around cloud computing and allows people to participate in the multi-billion dollar cloud computing economy (currently dominated by Amazon and Google).

ANKR on BEPSwap

Ankr Network requires that the $ANKR token is deeply liquid and easily transferrable between users. By joining BEPSwap, $ANKR token holders will be able to stake in liquidity pools and provide this liquidity to the network — at the same time as earning on fees. Users on the Ankr Network will then be able to pay in any currency, converting it via the $ANKR pool instantly with low fees.

Importantly — ANKR will become a BASE PAIR — allowing token holders to choose to use ANKR on the platform to swap into/out from any other asset.

Additional benefits include:

THORChain will acquire off the market ANKR tokens between now and the launch in order to bootstrap the ANKR pool.
THORChain and Ankr Network will work together to promote the ecosystem.
Ankr Network will be able to stake some parts of their treasury into the pool to offer even more liquidity to token holders.
ANKR token holders will be able to stake ANKR tokens in order to earn on trade commissions every day.

We are very excited to join BEPSwap as launch partner and give the ability for our token holders to stake ANKR and provide liquidity for the network. It also means that ANKR token holders will be able to swap into ANKR fast and in a permissionless way.

The Ankr Community is very engaged in the wider Binance Chain ecosystem and we love work with other good projects building on Binance Chain — the protocol that makes all of this happen!

— Ryan Fang, Co-Founder Ankr Network

BEPSwap is scheduled for public beta in 6–8 weeks. Prior to that, the RUNE token will be listed on Binance DEX to establish a market price with good distribution.

ANKR Update

ANKR Mainnet is Launched! The Ankr team are very proud to announce the launch of the mainnet: the blockchain Genesis block is produced and the Ankr platform is now live, utilising the $ANKR native token, and ready for business!

You can now start using the platform! For the early adopters there is a limited trial period in which you can use the cloud services for free! Login or register here and you are ready to start utilising the ANKR cloud compute network!