Welcome to flow.
This is the first in a series of posts dedicated to the Bankroll ecosystem and how beautifully interwoven its components are. I’m starting with Flow because, well, it’s the new hotness. You’ll be happy I did.
What is Flow?
Flow offers a very healthy 1% per day interest rate on any bnkrx tokens you deposit, up to a maximum of 365% of the amount deposited. Bnkrx is the reward token in the Bankroll ecosystem, it works a bit like USD compared to gold (or bitcoin!). Where Bnkr token has a finite supply and acts as a store of value to the network, Bnkrx is constantly minted to reward users in the network. Thanks to this, your 1% is always guaranteed as the Flow contract simply creates any bnkrx it needs to pay out its members.
The real beauty is how all the Bankroll components work together to lock up value and support the price of both its primary tokens, but that’s a subject for another post. This one is about Flow.
Compound Interest
Lets just take a moment and examine that 1% per day thing because, unlike other, similar contracts, Flow let’s you add to your initial deposit at any time, which means you could theoretically roll all your daily dividends back into the contract for one monster of a compounding dividend. As an example, I took a $150 initial investment, and compounded it daily at a 1% daily interest rate and after 1 year it will grow into $5667.52, for an impressive ~3678% return.
Calculations courtesy of https://www.thecalculatorsite.com/Risks
The biggest risk I see is supply inflation. Right now I believe people are trying to lock as much bnkrx into flow as possible, which is creating significant upward pressure on the price of bnkrx, I suspect many (like me) are compounding their divs rather than selling them. That’s great for the price in the near to medium term, but eventually the tide will shift and people will start selling for, well, cash flow. Ultimately price support can only come with increased adoption, but if crypto is going where I think it seems to be, the next year or two could get very interesting.
Referral Program
Here’s where you can take your Flow to the next level. To make a deposit in Bankroll Flow, you must first set a buddy address to be your permanent upline. If you aren’t being referred by someone it’s recommended that use the Dev address and support the Bankroll team. Now, the magic, for each of your direct referrals, which is to say anyone who sets your address as their buddy, you will receive a 10% bonus on all of their deposits. Nothing is taken away from them, you literally just get a free 10% on top of whatever they deposit. Further, you’ll get a 30% bonus on anything they withdraw, AND this withdrawal bonus extends to 10% for anything their downlines withdraw, all the way to 15 levels deep!
Flow Team
Sound interesting? We have an awesome Flow team chain going. Join us on discord and we'll work to find you referrals! At our table, everybody eats. Say hi when you get there! @Tim0thy
https://discord.gg/nHBRpYvVKP
Disclaimer
I'm not a financial advisor and this is not financial advice, please always do your own research. Cryptocurrency is a volatile investment, don't invest anything you can't afford to lose.
Support me
If you enjoyed the content and want to start your flow journey, feel free to leave a comment and I’ll be happy to help guide you. I’ll also be writing a how to guide in the near future, stay tuned.
I’m offering an instant 10% back on your initial flow deposit if you use my buddy address before you deposit. TBzDiQFHJprNZx5anomBauw3U93WPanPPy
Thanks! And keep flowing.
