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Unverified Commit 177404f8 authored by Nathaniel Caldwell's avatar Nathaniel Caldwell Committed by GitHub
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Merge pull request #180 from steemit/179-bancor-link

Fixed outdated link to Bancor whitepaper.
parents 76191434 15614c1a
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......@@ -145,7 +145,7 @@ tailored to receive STEEM and cryptocurrencies on other blockchains.
## Immediate Liquidity
By leveraging a recently designed automated market maker concept
[[2](https://www.bancor.network/static/bancor_protocol_whitepaper_en.pdf)],
[[2](https://about.bancor.network/static/bancor_protocol_whitepaper_en.pdf)],
SMT-based ICOs allow a portion of STEEM tokens received to be sent into an
SMT’s on-chain, off-order-book market maker in order to provide liquidity to
the SMT at a specified reserve ratio. Beyond the social and specialized
......@@ -1800,7 +1800,7 @@ for every asset.
Automated Market Makers are smart contracts, largely based on the [Bancor
Protocol
[2]](https://www.bancor.network/static/bancor_protocol_whitepaper_en.pdf),
[2]](https://about.bancor.network/static/bancor_protocol_whitepaper_en.pdf),
that may be constructed during the initial ICO setup of an SMT for providing
perpetual liquidity to an SMT community. For simplicity, Automated Market
Makers in Steem may only trade between STEEM and any given SMT.
......@@ -2617,7 +2617,7 @@ social currency to publishers and content businesses across the internet.
[2] Eyal Hertzog, Guy Benartzi & Galia Benartzi, 2017. Bancor Protocol.
Continuous Liquidity and Asynchronous Price Discovery for Tokens through
their Smart Contracts.
([https://www.bancor.network/static/bancor_protocol_whitepaper_en.pdf](https://www.bancor.network/static/bancor_protocol_whitepaper_en.pdf))
([https://about.bancor.network/static/bancor_protocol_whitepaper_en.pdf](https://about.bancor.network/static/bancor_protocol_whitepaper_en.pdf))
# Appendix
......
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