CoinW Research — Bankless DAO (BANK) Project Analysis

2 min readDec 27, 2021

Bankless DAO (BANK) Project Analysis

1. Research Comment

BANK tokens-they are only used to access the DAO discord and vote in DAO proposals. Bankless DAO is a place where DAO members come together to discuss the talents they can bring to the DAO and to coordinate around governance and proposals. This kind of DISCORD requires a specified number of BANK tokens to access all channels.

2. Recent Flashpoint

DAO filed, many investment institutions are engaging with DAO filed, mostly airdrops

3.Token Introduction

BanklessDAO originated from Bankless, which is an influential media in the crypto community. BanklessDAO is a decentralized community.

4. Token Roles

1) Encourage community members to participate in Bankless activities;

2) Community governance, voting;

3) The number of BANK determines the level of participation in the DAO;

4) Staking rewards

5. Token Allocation

Airdrop: 30% (300 million)
Community: 70% (700 million) — 30% unlocked, 40% released linearly (in 3 years)

Bankless DAO (BANK) Basic Information

Introduction: BANK is the native token of the Bankless DAO, and BANK is required to join Bankless DAO.

Token name: BANK

Project website: https://www.bankless.community/

Block query:

https://etherscan.io/token/0x2d94aa3e47d9d5024503ca8491fce9a2fb4da198

Liquidity query:

https://etherscan.io/address/0x2c51eaa1bcc7b013c3f1d5985cdcb3c56dc3fbc1

Join the CoinW Research Institute to decrypt the crypto world. High-quality projects within reach!

Btok: https://0.plus/CoinW_Research

Telegram: https://t.me/CoinW_Research

CoinW Research