Bankroll Farm!>>New defi in tron
Farm Your Sun & Other TRC20 Tokens To Earn BNKR
Hello everyone, Bankroll in the last week has introduced a new section that is very interesting for the returns it offers.
The introduction of farming contracts to the Bankroll Network has had a tremendous effect on the BNKR token price over the past few days. Earlier this morning BNKR managed to touch $0.60, which is absolutely amazing considering the token was changing hands at a little over a cent in August. BNKR functions as a type of "gas" when executing farming contracts on the Bankroll Network and users cannot initiate contracts without paying a BNKR fee.
Users can deposit a variety of TRC20 tokens to farm BNKR such as SUN, WTRX, WBTT and others. Returns are currently very high and are definitely attracting a lot of attention.
I find the yields really interesting, then remember that there are only 21 million bnkr tokens so for a scarcity factor the price should increase ... but beware of whales.
As I have mentioned before, I make use of a number of Bankroll products, my favorite being credits. Regardless of whether BNKR is at $0.05 or $0.60, I mine the same amount of BNKR and that is what I am continuing to do. Obviously, once the whale farmers start offloading their BNKR profits, the price will most likely dump significantly.
It will probably be wise to ride a few cycles out to see how the token performs but for now I will continue earning TRX and BNKR for the long-term, as I am compounding to build passive earning mechanisms.
Remember that I am not a financial advisor and I do not want to invite anyone to the investment, always remember to inquire with your financial advisor because these are very risky investments!