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J Finn 🎩
@jdotfinn
making sure I have the details right on this $BNKR/$TN100X model thoughts plz
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Keithereum
@keithereum
My understanding was slightly different, but I love the diagram! Start w user invoking Bankr to launch a Clanker. Clanker sends fees to 3 parties, one of which is Bankr (gets 40% of coin’s transaction fees). Of Bankr’s share, deployer will reward BNKR stakers with 50% of those proceeds, tn100x stakers w 30% (when? How often?), probably on pro rata value of total BNKR/tn100x tokens staked in their respective pools.
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Keithereum
@keithereum
Eg if there are 1B BNKR tokens in the pool, and you contributed 100M tokens, you’ll get 10% of the staking rewards given to that pool. However, it sounds like there will be a multiplier for staking duration, so YMMV.
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Keithereum
@keithereum
So if coin generates $100k in fees in a week, $40k goes to Bankr. Half of that ($20k) goes to BNKR stakers pool. If you had 10% of the tokens in that pool, assuming everyone staked for the same duration you should get $2k for the week. In Eth or WETH or BNKR or the native token, I don’t know.
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Keithereum
@keithereum
Of course BNKR could be earning $500k/week or more in fees very soon, so pools will share surprisingly large numbers—until buyers rush in to buy shares of their own to get in on the staking. And the price of BNKR goes way up. 😎
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