ElonBank

ElonBank

is a decentralized financial asset that uses the ELM protocol to reward investors with a sustainable fixed compound interest model.

ElonBank offers one of the highest fixed APY in the market, paid every 15 minutes, as well as a simple buy-hold-earn method that increases your $ELONBANK portfolio in your wallet at breakneck speed.

EBR stands for ElonBank Reserves, a distinct wallet within the ElonBank ecosystem. The EBR is backed by a percentage of the buy and sell trading costs that accumulate in the EBR wallet and employs an algorithm to back the Rebase Rewards.

Simply put, the EBR parameter backs the staking incentives (rebase rewards) that are delivered every 15 minutes at a rate of 0.02368%, assuring a high and constant interest rate for ElonBank token holders.

ElonBank’s Price Stability and Project Continuity are dependent on the Treasury. It performs vitally important duties for the company’s growth and long-term viability. The treasury provides additional financial support to EBR. This additional assistance might be critical in the case of a severe price shock or any other unanticipated occurrence. The Treasury plays a crucial role because it will be the primary source of funding for the project’s marketing and development.

While trading ELONBANK, 2.5% of it is burnt within the Burn Pit. The more that is exchanged, the more that burnt, leading the Burn Pit to expand in size, greater and larger by self-fulfilling Auto-Compounding, limiting circulating supply and maintaining the ELONBANK Price.

The other advantage of an everlasting circulating supply burn is that, because of its deflationary nature, it correlates to a larger value of each ELONBANK token, therefore boosting the individual value.

With a set APY of 400,977%, ElonBank Token is the highest paying Auto-Staking and Auto-Compounding Protocol. Every 15 minutes, interest rewards are compounded for every BSC Wallet that has any ELONBANK Tokens.

Our ElonBank Liquidity Management (ELM) injects automated liquidity into the market every 48 hours. There is a 4% tax charge on each purchase or sell order that is automatically kept in an Auto-LP wallet, and integrated into our protocol’s smart contract is a system that intelligently takes the 50% of ELONBANK saved in the wallet and automatically buys BNB at the current market price.

The remaining 50% of ELONBANK in the Auto-LP wallet will be utilized for the ELONBANK side of liquidity, resulting in a 50/50 weighting of ELONBANK/BNB, which will be automatically contributed as fresh, extra liquidity to the market pair, increasing the pool’s liquidity.