Image : Bankroll Network
Image : Bankroll Network
Recently the Bankroll Network expanded to the Ethereum blockchain via the new BankRoll Vault (VLT) ERC-20 token. Vault is Bankroll’s store of value on Ethereum much like how the Banker token is a store of value on the Tron blockchain. Additionally, there are two new Bankroll offerings on Ethereum with Bankroll Stack and Bankroll Life. To quickly outline what these two games provide, Stack will allow for daily VLT divs while Life will distribute daily divs in Ethereum!
According to the Stack (STCK) edition for Vault, STCK is pegged 1:1 to VLT with 10% charged on buys and sells that are distributed in the following way; 100% of fees collected are distributed to the community with a 2% daily rewards drip pool.
According to the Bankroll Life (LIFE) website, the smart contract is a long term way to grow Ethereum from a community cooperative, passively earning VLT rewards over time by holding LIFE. Once again, buys and sells are subject to a 10% fee but LIFE differs from STCK in that 10% of every transaction on Life goes to both the ETH and VLT div pools are 8% and 2% respectively.
In conclusion, the Bankroll Network continues to expand now operating on the two blockchains of Ethereum and Tron. As DeFi continues to grow, Bankroll continues to gain popularity and market share by continuing to innovate. As with anything in the crypto/DeFi space, be sure to do your own research and don’t contribute more than you are willing to lose.
If you would like to take a deeper examination of the smart contract involved, the respective addresses can be found below on the Etherscan Explorer: