BankCrash
Hi everyone This time I will introduce to you the best project that is BankCrash and here is the explanation;
What is BankCrash?
The core concept of cryptocurrency revolves around achieving autonomy from traditional banks and liberating oneself from the prevailing centralized financial system. Surprisingly, there hasn't been a single project that explicitly addresses the shortcomings of banks until this moment. BankCrash is now the leading token worldwide dedicated to addressing this matter!
Introducing BankCrash:
The Idea When it comes to banks, you entrust them with your money, but what do they do? They simply PRINT, CRASH, REPEAT...
BankCrash recognizes the shortcomings of traditional banking and presents unique opportunities for our community to capitalize on them.
Our innovative staking system offers substantial APY for early stakers before a bank experiences a downturn. Additionally, we utilize blockchain technology for transparency and decentralization.
The Oracle System: Monitoring Bank Health While our vision is to establish a community-trusted Oracle that monitors the well-being of the top 500 banks, our current backend fulfills this role by monitoring bank crashes and updating the blockchain.
Defining a Bank Collapse At BankCrash, a bank collapse refers to a significant drop in a bank's stock price, not its complete obliteration. We consider a 95% decline from its peak as the benchmark, indicating a severe crisis from which most banks struggle to recover.
BankCrash's Objectives and Vision:
• Offering a chance for individuals to benefit when banks falter.
• Establishing a like-minded and mutually supportive community.
• Advocating for decentralization and personal financial autonomy.
• Keeping a watchful eye on the well-being of the top 500 largest banks.
Tokenomics
Understanding BankCrash's economics - our tokenomics - is key. It shows the true value and lasting potential of our project. We have crafted our tokenomics to promote sustainability, fairness, and growth.
Initial and Future Token Supply
• Symbol: $BASH
• Contract address: 0x7f0541deac9904cd8e18506233a1102fc1d4d737 ERC-20
• Start: 42,000,000,000 tokens to begin with, chosen to reflect BankCrash's fun and rebellious style.
• Staking: New tokens are added to the initial supply as staking reward. These rewards are halved every two years. This decrease helps stabilize the token's value.
Token Distribution and Circulation
• Liquidity Pool (69%): Makes trading smooth and helps keep the token's price stable.
• Presale (19.9%): it allow us more accessible and visible with presale and encouraging early investors to join. We will use the funds for extending marketing scaling as the developments are all in house with the founders.
• CEX Listing (6.9%): Tokens ready for future listings on main CEXs. 50% Locked for 1 year.
• Community Rewards (4.2%): Tokens to reward people for acquiring new investors, being involved (airdrops) and holding onto their tokens or completing tasks. Progressive unlocking applies to this pool, which means it 50%/25%/12.5%/12.5% will be unlocked per year.
• No Team token allocation. The project is self funded!
Our distribution method aims to keep BankCrash's ecosystem healthy, active, and engaging.
No bullshit
Buy/Sell TAX: 0%
For more information:
Website: https://bankcrash.gg/
Telegram: https://t.me/bankcrash_official
Github: https://github.com/BankCrashCrypto
Youtube: https://www.youtube.com/@BankCrash
Twitter: https://twitter.com/BankCrashAlert
Author:
Forum Username : cold_murchete
Forum Profile Link : https://bitcointalk.org/index.php?action=profile;u=1553250
BSC Wallet Address : 0x21176939a87A48cFDfA07147159F2097d5917f3a