Bankroll Podcast Summary #1

If you are not familiar with Bankroll or DeFi in general you can hop by my Youtube channel that focuses exclusively in Bankroll and I also recommend CryptoSlo ‘s videos.

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The following list is a summary of what was talked about in the podcast and is not transcript word for word keep that in mind. I encourage you to listen to the full audio. (Link provided)

• BNKRX and STOCKPILE laid the groundwork for yield in Bankroll.
• BNKR is the the gold in the Bankroll ecosystem due to it’s limited supply.
• There are many systems in place to lock BNKR and there will be more contracts to lock BNKR in the future.
• We need to go viral.
• We need an easy button for producing gains. Less complexity. Predictable steady income.
• Marketcap is the focus in BNKR and BNKRX.
• The new contract needs to add value to the network.
• The tokens like BNKR and BNKRX in Bankroll allow for all contracts in the network to work together and help each other. Something that current platforms don’t leverage, being a sigle contract one-off success.
• Easy button farms might be possible, with a single asset deposit.
• The new contract will be BNKRX based.
• It’s a new use-case for BNKRX.
• The new contract guarantees a 1% / day return minimum on your investment.
• The new contract will be very similar to TRXChain.

(here is a video explaining the gist of TRXChain)

• TRXChain is a ponzi. It’s running in a deficit and will collapse in a year without the developers doing substantial work in he contract. It’s flawed.
• Where does Bankteller come in? To fix the ponzies to extract value from the contracts, and fix the scammy aspect of it.

If you only use a single asset like TRX the mechanics don’t work because you eventually run out of liquidity, be it from the pool or from the players withdrawing. This is where BNKRX comes in. The revised contract is not a ponzi because you don’t need Paul’s funds to pay for Peter’s gains.

• That doesn’t mean you don’t have to put up capital to make money, but the rewards issued are not dependent on your asset deposited. Instead the earning are minted from the source.
• The new contract will do good things for farming BNKRX and stabilizing its price.
• The referral mechanics are the same as TRXChain.
• Admin fee and dev fund fee in TRXChain is too much (5% of 2B TRX).
• Instead in the new contract, this fee will be used to sell BNKRX and buyback BNKR.
• Community needs to focus. Ethereum Network is not ready yet. We need adoption.
• We are primed for adoption.
• Getting people already in TRXChain involved with this new contract would be enough for a substantial growth. Because it’s a no-brainer as the contract will perform 10x better.

Enter FLOW!

Update:

Flow has been released and can be found over here. I already did a summary of the contract ad a full tutorial on how you setup you account.

TRXChain without the scams, bye bye ponzi. Hello pure Tokenomics.

• Resist the urge to game the referral system. Having 15 slots with fresh players will allow fresh fiat to enter the system.
• For every 1 BNKRX locked in FLOW around 3 BNKRX will be mined in around 300 days and can be redeposited back into FLOW.
• FLOW will offset the mining difficulty allowing for the 1% daily guaranteed!
• Farming BNKRX is crucial because once we get buy pressure from people establishing their accounts in FLOW, that’s gonna raise the price, which is gonna raise the total value locked, which in turn raises the anual percentage yield and eventually floods tokens into STOCKPILE.
• FLOW will be beneficial to STOCKPILE because of BNKRX price.
• What do you need to do to be prepared? Establish your BNKRX position.
• You are not supposed to sell your bags buy a Lambo, instead you need to shave some of your holdings and make them work for you for the future.
• Grow your positions in the Bankroll network, use STOCKPILE, STRONGHOLD and FARM.
• Shilling FLOW is low maintenance for friends and families, easy button with easy gains.
• We are entering an upward spiral, when the price starts increasing, the total value locked starts increasing a new cycle will start.
• Cashflow is king, we invest in systems that not only allow for increase in capitulation, but also that generate cashflow.
• Buy pressure will surge on BNKR and BNKRX as soon as FLOW comes online.
• Every contract in Bankroll V2 is designed to run forever.
• This is the yield innovation that is gonna propel us forward.
• The price of BNKR will be suppressed until the wallet holds 1M BNKR.
• Bankroll FLOW will benefit all contracts in the network.
• BNKRX is a dilution game.

We will reclaim our nº1 position in Tron Network, longest running DeFi project in the world, first decentralized bank in the world.

• The new Discord server has roles starting from shrimp up to whale. The higher the role, the more functionality you unlock be it for posting photos to using emotes and many more. It’s a way to manage the community as new people enter.
• Patreon will be linked to Discord.
• Marketing efforts will be pushed.
• There will be a new analytics code.
• Updated UI is on the roadmap.
• You have to be an active holder of BNKRX, you need to have it earning value on a contract, working for you.
• Twitter is the best source of information about bankroll news and entries.
• FLOW coding is done. Launch probably this weekend (22/11–23/11)
• It’s important to show that you are earning because at the end of the day it’s about liquidity and pooling assets and generating cashflow.
• Show that you are earning more by saving your money in Bankroll instead of chase or fidelity.
• Deposit you principal and earn a better living off the dividends.

Don’t worry about price, worry about position.

Get in position for when BNKR moons you will have life changing daily dividends.

• Cashflow for all.
• Deposit your principal now.
• You can earn Bitcoin in bankroll and earn cashflow on it.
• With the money you have now you can earn 10x 100x 1000X in Bankroll something you will not be able to in Bitcoin.
• BTC/BNKR is the hedge. You will not miss the bullrun if you are in this FARM
• Not financial advise.
• Synthetix in ranked #37 by marketcap and is a better paper Bitcoin very promising.
• There is a lot of reasons to bridge Tron with Ethereum. Tron with large yields work for you then cycle those gains to daily expenses. Not luxuries.
• Bankroll FLOW will not allow to redeposit once you made your initial investment.
• You can add funds by getting referrals be it self referred or not.

That’s it, you made it to the end.

If you think this post helped you better understand how it works and gave you a better insight on it all, then I succeeded in making your financial independence one step closer! Hurray!

Until next time guys, keep it on crypto!