An overview showing the statistics of BankEth, such as the base and quote currency, the rank, and trading volume. Additionally, BankEth provides development assistance for the imminent stockholders to encourage their stage and benefit through BANG coins. Indisputably, the key here is to make the start with crypto as easy as possible, and use an entertaining approach to get new users started without all the usual hassle, and then instruct them to handle cryptocurrencies responsibly. This subreddit is a place to discuss low market cap cryptocurrencies with a moonshot potential.
Shadow tokens are a type of arrangement that permits redistribution of shares not significantly to a project’s token. These contracts are comparatively new and innovative to the crypto space and are typically applied as follows. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
BankEth remains hungry and ambitious, setting some big goals and targets to be released over their projected timeline. Staking is the next big release, but other notable developments will include the option for reflections to be redistributed in other tokens and a community-managed Decentralized Autonomous Organization (DAO). Investors are rewarded via 10% of every buy/sell being deposited into the Banketh Vault, ready to be redistributed and claimed by Banketh holders who earn & claim Eth. Survey owners can now sell their surveys to the interested buyers in exchange for the BANKETH coins. The respective coins can be later on used for crypto trading in digital arcades to fetch worthwhile results. Users can Claim & or Re-invest Banketh holders have the opportunity to either claim their Eth or claim and re-invest into Banketh at a 10% discount.
- There are provisions to prevent front running bots from interfering with the auto re-investing mechanism, this includes but is not limited to having the transaction slippage raised when interacting with the contract and the market.
- To date, most schemes and their accompanying tokens rely singularly on market price.
- The Ethererum in the vault then gets allocated to BankEth holders, based on the investors’ holdings versus the total supply.
There is a built-in provision designed to protect users choosing to use the re-invest from front-running Bots. It is the team’s goal to offer interest earning DeFi options to Banketh holders by leveraging established lending platforms – to earn interest on the Ether reflected into the Vault. BankEth acted on an opportunity after seeing the growth of tokenomics, to separate the token price from the earnings (reflections) given to the token holders. When buying or selling BankEth, a tax is paid in Ethereum, which is held in the BankEth Vault. The Ethererum in the vault then gets allocated to BankEth holders, based on the investors’ holdings versus the total supply. In simple terms, the more BankEth tokens you hold, the greater the share of the reflections, and, the longer you hold, the more you will earn in reflections over time.
We will be stress testing this, gathering data, and finding a way to implement BankSwap as a platform. Holders of Banketh with entitlements to Eth reflected in the Vault can claim their Ethereum at any time. The user need only interact with the dashboard and claim, and their Eth will appear in their connected wallet. Users have the unique opportunity to use their Eth in the Banketh Vault to re-invest into acquiring more Banketh tokens at a 10% discount if they wish to do so. This is an exclusive option only available to be acquired with Eth reflected and claimed by Banketh holders.
From the Dashboard, one can buy, claim, stake and access all information relating to BankEth holdings. If a holder decides to sell all of their $Banketh tokens and they do so without claiming their ETH reflections – the ETH will remain available to them to access via their wallet for 3 months starting from the exact minute of disposal. The Banketh accumulates 10% of all transactions and puts them into the Banketh Vault. The user and holder of Banketh tokens can connect their wallet to the dashboard Vault dApp and see what portion of reflections their wallet is entitled to. The share of the tokens in the vault dashboard is proportional to the amount of Banketh tokens a user is holding. Banketh tokens are the keys to your share of Eth contained in the Vault.
BankSwap — For a limited amount of time, BankETH is releasing our own personal swap platform.
At its core, BankEth is an attempt in decentralized finance (DeFi) linked with alternative tokenomics. To date, most schemes and their accompanying tokens rely singularly on market price. This technology has some exceptional physiognomies like decentralization and transparency. Consequently, BankEth is going to utilize this high-level familiarity and unlike physical currencies, digital tokens are more tenable and easier to transfer without the complex systems of banking sectors. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.
Get the Reddit app
There are requirements to be able to participate in this subreddit. Users should also keep in mind the fluctuations in the gas price to pick an ideal time to claim as all interactions with the Ethereum network incur a variable gas fee to facilitate an action. Coinlib does not guarantee the accuracy of the presented data and is not responsible for any trading decisions.
Everyone loves is when the value of their tokens are going up but no-one is pleased to see sudden seemingly inexplicable, volatile crashes. The cryptocurrency markets are indeed volatile in nature — however these dramatic swings in prices could be attributed to large whale investors manipulating the markets with their huge buying and selling power. Keen investor or would be whales still can still purchase Banketh, however they may not be able to dispose of their tokens as aggressively as they acquired them. This is because All sales are limited to an aggregate summation of ≤ 0.2% of the total supply per wallet, every 24 hours. This is designed to hopefully mitigate volatility, limit large volume swing trading, and whale manipulation.
BankEth official website serves as the absolute solution for the interested seekers who can accommodate their respective eth token in the vault by swapping the BANKETH. BankEth is a community-inspired project that comes with a strong community. Keep in mind it means the owners are taking 9 percent of all trade volume to KEEP in ETH. (doesn’t affect the price but drives the incentive to pump and manipulate dumps). Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page.
You need an account in order to star coins, keep track of your portfolio, set up alerts, vote on coins as well as use all the other advanced features. Stay informed with the latest updates and insights from the world of cryptocurrencies. Newsroom is your go-to source for in-depth news articles, helpful guides, and information in the crypto industry.
Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. All trades (buy and sell) have 10 percent skimmed on uniswap and are returned to holders. Which as a holder seems great you are getting passive earnings.But due to this.. As a score, the BANKETH protocol runs on low power hardware, enabling it to be a lightweight, practical and decentralized cryptocurrency for daily use. In the context of broadcasting, one major aim of BANKETH is using their groundwork with easy-to-use mobile wallets and Tipbots on copious platforms to involve seekers and crypto-noobs who have no idea yet what a cryptocurrency is. This is why one of the first core features in the BankEth Protocol includes a reflection dividend in Ether because the significance is decoupled and not contingent on the value of the BankEth innate token only.
BankSwap — For a limited amount of time, BankETH is releasing our own personal swap platform. Users are able to swap tokens and coins for BankETH without having to pay an 11% tax. This https://cryptolisting.org/ is to incentivize people to purchase banketh and continuously create ETH even with other tokens. By allowing more holders in, we generate more volume on a daily giving users more ETH.
BankEth employs a unique ‘Time locked wallet mechanism’ – All sales are limited to an aggregate summation of ≤ 0.2% of the total supply per wallet, every 24 hours. This is designed to hopefully mitigate volatility, what is banketh limit large volume swing trading and whale manipulation. All amounts of ETH reflected proportionate to the amount of BankEth held at the time of redistribution when a buy or sell occurs in the market.