BNT holders currently earn around 25% of swap fee revenue generated by the Bancor protocol.

How?

The protocol co-invests BNT alongside LPs — eg, a $100K deposit of LINK triggers 100K of BNT emissions into the LINK pool.

These emissions earn swap fees burned for BNT


https://twitter.com/Bancor/status/1350759905746149380?s=20

Since these mechanics went live, BNT holders have earned over $300K USD.

📃 More in Bancor's recent protocol health report:  https://blog.bancor.network/bancor-v2-1-protocol-health-report-january-2020-83338c904de0