BANKER.FARM is the growing passive income crypto staking ecosystem aiming to gamify crypto investing and making high rewards available for everybody. It utilizes a simple but a genius concept to offer investors the possibility to earn high APR by buying-in rounds and managing investment.
The problem with most similar DeFI protocols is that when profits start to roll in fun stops as investors take profits, emptying the contract. That’s not the case with Banker.Farm as it’s round-based, and the team plans to add the functionality of the current round contributing to the TVL of coming rounds. It’s ever running passive income machine you can master to maximize rewards.
Rounds are managed by dApps, which are miners that can be used to generate passive income. The first dApp is a BUSD miner and a BNB miner is coming soon, both native to Binance Smart Chain (BSC). The team announced plans to expand to other blockchains.
There is a unique token for each round. The total “guaranteed payout” varies from round to round between 6% to 12% daily. The payout is guaranteed as it is paid in tokens, which can be minted, earned as a reward, and sold using the corresponding dApp.
At the time of writing there is a one dApp, i.e., BUSDBANKER that can be used to stake BUSD to mint BUSDBANKER tokens and stake BUSDBANKER to earn more and compound. The same dApp allows users to unstake and sell BUSDBANKER tokens.
Furthermore, there is a 3-tier referral link and stats as well as the possibility to claim free airdrops. The dApp itself is easy to use and it offers an exciting opportunity to earn passive income up to 12% daily plus referrals and airdrops.
BANKER.FARM rounds use a simple, but a genius concept to increase your balance quickly yet sustainable way. The initial investment you make gets locked and starts immediately earning you a modest 4% daily base interest in corresponding tokens without any relation to token price (for example in BUSDBANKER miner, for $100 in BUSD invested, you will receive 4 BUSDBANKER tokens). You can sell tokens, reinvest or you can stake them and earn on top of 4% base interest 8% extra daily interest (for example, if you stake 100 tokens you will earn 8 more every day in addition to 4). If you mint & stake, you will earn daily a total of 12% interest!
Using the dApp you can put your BUSD generating up to 12% daily interest! It’s easy! 1) Open the BUSDBANKER dApp. 2) Mint BUSDBANKER tokens 3) Stake BUSDBANKER tokens 4) Compound to maximize revenue. Now you are earning 12% daily passive income!
Compounding i.e., staking grows your balance. However, it’s wise to take some profits gradually in a controlled way i.e., unstake & sell periodically part of your tokens to guarantee ROI.
Time needed to make:
$100 / day passively with $100 investment: 243 days
$1000 / day passively with $100 investment: 370 days
$3,000 / day passively with $100 investment: 444 days
Earning examples use the modest base interest of 2% and extra interest of 4% and assume the price of the token stays the same and the round lasts long enough. However, the protocol has been designed with a limited supply of tokens for each round (like bitcoin) and therefore the chances of the price going up, especially at the early stages of rounds are greater than the price going down. When the price increases, the time needed for reaching the passive income in the examples above shortens. Due to the nature of the gamified protocol, it’s essential to take profits at the optimal moment of each round. Buying-in multiple rounds allow multiplying multiplied rewards!
The maximum supply is fixed at one million meaning no one can ever exist. The protocol is whale-proof as the initial investment is locked, so nobody who wants to make a quick profit can’t move a big amount of money manipulating artificially the price at the expense of investors. The maximum amount of tokens that can be sold collectively per day is limited to 40.000. This may be a bit controversial. However, it helps to support the price floor and increase the length of rounds. It protects essentially investors who don’t follow markets daily basis. (However, in this case, you really should interact with the dApp daily, as you can grow your balance exponentially by compounding even multiple times per day!)
What’s extremely nice, Banker.Farm has a 3-tier referral system. They pay 5% for tier one referrals and 3% for tier-2 and 2% for tier-3 referrals. It may not sound huge commission, especially if you’re familiar with affiliate marketing in general, but let’s not forget that you can always stake & compound referral commissions earned. If you refer just five or ten users, stake and compound, you can earn quite a nice extra! Let’s not forget also that every five referrals entitle you as an investor (if you have used at least 100 BUSD for minting) for weekly free airdrops of 100 BUSDBANKER tokens.
Banker.Farm offers investors free weekly airdrops. Those grow your balance nicely especially if you stake and compound. To be eligible for airdrop, you need to have at least 100 BUSD used for minting at once or gradually. Furthermore, you need to have referred at least five users. After that, you can claim 100 BUSDBANKER for free every 7 days each time you have referred 5 more. Spreading the word became profitable as you are building passive income thanks to 3-tier referral commissions. You can use the dApp to claim and check your airdrop status.
Banker Farm appears to be a serious project with long-term goals and a clear roadmap. They aim to build gamification features around investing, which is an exciting idea. However, they are not trying to do everything at once, instead, they are going forward step-by-step adding. The first steps have already been taken, and the BUSDBANKER dApp is already operational. Following the project with the great interest especially as they say there are coming things such as Round High Scores & prizes for the top investors, TVL preloader, launching on other blockchains (KuCoin, Fantom, MATIC/Polygon), “Main Token” launch (holding the full power of the whole ecosystem), Provably fair lottery (daily wins & jackpots for round participants), NFT collection with utility (benefits for holders such as better payouts) and gamification features and visuals!
The Banker.Farm team has chosen to stay anonymous which is quite a standard what comes to DeFI projects for various reasons such as teams are in many cases from different countries and the legal status of cryptocurrencies varies from country to country. Furthermore, many have also their day jobs and contracts may restrict what they can publicly do. However, the Banker.Farm project claims to have completed KYC verification with https://kyc.agency reducing investors’ risks. The smart contract is audited by https://kalianalytics.com reducing technical risks.
DeFI is in quite a risky business, but if you understand how the protocol in question works, it’s easy to make nice profits. However, always invest only what you can afford to lose. Furthermore, remember to cash out some profits periodically. As soon as you have taken out profits covering the amount invested, you can take bigger risks seeking bigger rewards. In this case, it means compounding more, selling less, and letting your token balance grow fast while aiming to exit nearby the ATH!
TELEGRAM: https://t.me/bankerfarm
TWITTER: https://twitter.com/BankerFarm
FACEBOOK PAGE: https://www.facebook.com/passive.income.cryptos
DISCORD INVITE LINK: https://discord.com/invite/CSxBpvRJKm
INSTAGRAM: https://www.instagram.com/bankerfarm/
If you are interested in Investing, here is the link to the Platform: START EARNING PASSIVE INCOME WITH CRYPTO — Visit: https://banker.Farm and put your BUSD generating profits, don’t forget referral commissions and exclusive investor airdrops.
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DISCLAIMER
This article does not constitute an offer to purchase or solicitation to sell, nor is it a recommendation to buy or sell, any token or other product. Purchasing and selling tokens is inherently risky and holders must bear their risk of loss. This article and all content herein are entirely for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
