AN ALTERNATIVE TO FREEZING TRON - Bankroll Network Stockpile

By kev_nag | kev_nag | 15 Feb 2021


I am definitely not a rich man by any stretch of the imagination. Like most, I hate paying the exorbitant ETH Gas Fees for small transactions. This is one reason I love Tron and the Tron Network - more reasonable fees than ETH.  So, I acquired a bunch of Tron from many sources and rather than just letting it sit in my Tron Link account, I wanted to put it to work for me. Hell, I'm not adverse to profit by any means.

So, in my beginnings in the Tron World, being a newbie, I froze a great deal of my Tron holdings receiving a mere modest return at best. As time progressed, I grew more and more dissatisfied with my ROI by freezing. This dissatisfaction led to action and I began looking for other places to park my Tron.

This search led me to the Bankroll Network (bankroll.network) and more specifically to Stockpile.

What is Stockpile? Stockpile is a tool which is used to passively earn rewards while providing a locked liquidity within the Bankroll system. BNKRXSWAP is the network liquidity pool token for which STCK is set at 1:1 to BNKRXSWAP. The return is funded by a 10 percent fee charged on buys within the system. This fee is then distributed three ways: 4% paid instantaneously,  4% which is directed toward a daily return drip of 2%, and the final 2% is locked as permanent liquidity. ( It is worthy to note that Flow drops additionally contribute 10% of the volume to the Stockpile system. Flow is another investment vehicle available in the Bankroll Network which is beyond the scope of this article.) 

Solely in my opinion this seemed to me to be a pretty safe place to park my Tron. So, I did, and at the time of the writing of this article I am earning a 108.047% APY (drip) on my investment. It was clear to me that this return was far superior to merely freezing my Tron.

Stockpile is not the only investment vehicle available in the Bankroll Network. I have also invested in Stack which uses the BNKR token and I will discuss Stack in a separate article in the near future,

Please note this Disclaimer: This investment was attractive to me, but, I am not a financial advisor. I am merely a casual investor. So, invest wisely and do your own research. 

I hope you've enjoyed this article and have learned something from it. All tips are sincerely appreciated. Thank you for reading this.

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kev_nag
kev_nag

Just an ordinary casual crypto investor.


kev_nag
kev_nag

Retired, finally. I enjoy learning about crypto and sharing my discoveries. Also, I follow the News closely and enjoy discussing current events. I have no political agenda, but advance views based in reality with a slant toward real world consequences.

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