Bankr to use 30% of token-launch revenue to buy BNKR for staking

  • 0xDeployer said Bankr will use token-launch revenue to buy BNKR for staking.
  • 30% of token-launch revenue will fund BNKR purchases, with rewards accruing automatically.
  • BNKR traded at $0.0003507, up 41.4% over 24 hours, according to CoinMarketCap.

Bankr founder 0xDeployer said 30% of revenue from token launches will be used to buy BNKR, with the purchased tokens automatically accruing staking rewards. The related smart contract is scheduled to be disclosed this week, while reward distribution will begin after users have time to participate in staking. The staking feature had not launched. BNKR was trading at $0.0003507, up 41.4% over 24 hours, according to CoinMarketCap.

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