Rank #6,892
$BANKSY

Banksy Token

● Launched 33 months ago
Binance Smart Chain
0x957B82c9FF3E7D7d3B67A2Df9B84A200a7403ab1
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Description

Banksy Swap is a new DeFi Yield Farming project on Binance Smart Chain.

Token Info

Name: BANKSY TOKEN

Symbol: BANKSY

Chain: Binance Smart Chain #BSC

Contract: 0x957B82c9FF3E7D7d3B67A2Df9B84A200a7403ab1

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How it works

Like most of the yield farming on DeFi is done via liquidity pools. A liquidity pool is a smart contract that holds on to and locks the cryptocurrencies/tokens of investors. Liquidity providers contribute to the liquidity of a trading pair pool, such as BANKSY-BNB, by depositing their crypto (in this case BANKSY and BNB) in the pool, receiving LP (Liquidity Pool) BANKSY tokens in return.

The assets in a liquidity pool create a market where the assets can be exchanged by traders. If there were no liquidity pool, it would not be possible for a trader to swap tokens, as there would be no ?other side? of the trade. When an investor swaps tokens (e.g. BANKSY for BNB), he needs to pay a trading fee.

This fee is paid to the liquidity providers in proportion to the amount of liquidity (BANKSY and BNB) they have added to the pool. An investor who ?owns? a big part of the liquidity pool will receive more trading fees compared to an investor that provided little liquidity to the pool. The fee at Pancakeswap is fixed at 0.17% per token swap trading.

Our team understand the triumph you feel when you find a good farm and the dejection of a rugpull. This farm is a collection of our team's view on what we think are the elements of a successful farm model. For this purpose, we decided on a low emission rate (0.5) to our platform. We believe this model will help end users earn maximum yields over an extended period of time.

Market Rank

In the dynamic and ever-changing landscape of cryptocurrencies, Banksy Token has established itself as a formidable player. It is currently ranked #17,563 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Banksy Token as a viable digital asset.

Wallet Support

In order to securely store your Banksy Token tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.

coinvote.cc/coin/Banksy-Token

Info

Price$ 0.(0x3)2328
Market Cap$ 17.13
24h Variation (%)+0.63%
Total Supply-
Circulating Supply-
Launch DateSeptember 9th 2021, 00:00
Date addedSeptember 7th 2021, 21:35
Listed byBANKSY

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