Farm Your Sun & Other TRC20 Tokens To Earn BNKR
The introduction of farming contracts to the Bankroll Network has had a tremendous effect on the BNKR token price over the past few days. Earlier this morning BNKR managed to touch $0.60, which is absolutely amazing considering the token was changing hands at a little over a cent in August. BNKR functions as a type of "gas" when executing farming contracts on the Bankroll Network and users cannot initiate contracts without paying a BNKR fee.
Considering that farming with SUN on Bankroll is way more profitable than on Sun.io, it makes sense that users will be dropping the official farming contract for Bankroll. Despite the hefty BNKR fee, it pales in comparison to the gains the contract is currently offering. The number of farmers has surpassed 3000 in just a matter of days and is literally growing by the minute.
Users can deposit a variety of TRC20 tokens to farm BNKR such as SUN, WTRX, WBTT and others. Returns are currently very high and are definitely attracting a lot of attention.
The Long Road
As I have mentioned before, I make use of a number of Bankroll products, my favorite being credits. Regardless of whether BNKR is at $0.05 or $0.60, I mine the same amount of BNKR and that is what I am continuing to do. Obviously, once the whale farmers start offloading their BNKR profits, the price will most likely dump significantly.
It will probably be wise to ride a few cycles out to see how the token performs but for now I will continue earning TRX and BNKR for the long-term, as I am compounding to build passive earning mechanisms.
Please remember that this is not financial advice and I do not advocate any of the services mentioned.