Introducing TRON dAPPS part 1: Bankroll
As I mentioned before, I will use most of my posts to introduce the TRON ecosystem to the Steem community.
First project / dAPP to introduce is Bankroll.
Bankroll is a defi farming project, where you can farm one of their two tokens by locking some other tokens on TRON Blockchain like USDT, JST, SUN and others in a smart contract.
The whitepaper can be found here:
https://bankroll.network/media/bankroll-whitepaper-trx.pdf
Bankroll has close to 44k active players, 11 Million USD Network Market Value and 5.2 Million transactions to date.
Bankroll started in Etherium but moved to TRON blockchain due to the transaction fee's and lack of transaction speed in Etherium.
Bankroll project has two native coins: BNKR and BNKRX which can both be traded within the Bankroll dAPP or on Trontrade.io. It is one of the projects which also have its own corner in the TronNetwork.store.
Bankroll has a lot of different smartcontracts, which are all about achieving a good return on investment. I won't discuss them in depth here as it better to deep dive into them by yourself. Let's review them one by one here.
FLOW
Flow is a certificate of deposit, where you deposit a certain amount of BNKRX for a year and you will get 1% ROI daily until the end of the 365 days period when the contract ends.
STACK
Stack is a long term way to earn BNKR. All BNKR tokens are mined in Stack you are earning BNKR tokens which are in circulation already.
FARM
Farm is where you provide liquidity into liquidity pools and you are being awarded with BNKRX tokens for doing so.
STRONGHOLD
In Stronghold, you provide TRX with a 10% deposit and withdrawing fee and by doing so you are eligable to continuously receive returns on your deposit. Your TRX deposited can be withdrawn at any time against a 10% fee
STOCKPILE
Stockpile is similar to Stronghold with two big differences. Where Stronghold generates its income from the BNKR ecosystem, Stockpile generates the income from the BNKRX ecosystem. The other difference is that the deposit cannot be claimed back, though the returns are much higher.
If you are interested, check them out here:
https://bankroll.network/
Soon I will be introducing another TRON dAPP