Reinventing the Savings Account for the Token Economy
TokenBnk is a decentralized application that automatically rewards you for holding Ether or ERC20 tokens. You send your tokens to a smart contract that only you can interact with and when you wish to withdraw, you pay a fee. When other people pay their fees, that value gets rewarded to all network participants proportional to the value of their deposited tokens and can be autonomously exchanged back into the same tokens one holds - like interest in a bank. This incentivizes holding long.
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