🏦Bank

The bank is the establishment where the inhabitants of Mars Valley actively participate in the economy, where they can make their investments by depositing Tokens in exchange for XTokens, which is a representative token of participation in the staking pool.

Initially it will be launched at a rate of 1 XToken = 1 Token, this relationship will change and will only increase since 20% of the TAX of each extraction in the Martian mines will be used to increase the tokens in the pool, in addition to using the 22% of all internal DEX fees for Token buybacks, buybacks are made every 24 hours. This way the tokens in the staking pool will continuously increase. Over time, you will always earn more Tokens by holding XToken!

To interrupt the participation, the XTokens must be exchanged for the corresponding tokens, you will receive everything originally deposited plus the benefit obtained.

Example:

10 Tokens are deposited, with a ratio of 1 XToken= 1.1 Token, therefore, 9.09 XToken are received. After a few weeks the relationship changes to 1 XToken=1.6 Token, it is decided to interrupt the participation exchanging the 9.09 XToken obtaining 14.54 Tokens. In this way, a profit of 4.54 tokens is obtained plus the initial investment of 10.

This is a lower risk investment methodology, since there is no impermanent loss ("Impermanent Loss") and profits increase when the price of the token rises.

The bank also allows access to the participation of draws and distribution of new tokens and NFTs.

To access the features of the bank it will be necessary to have an NFT pet.