Scrooge Bank $BANK
  • 1. Introduction
    • Overview of the project
  • 2. The $BANK Token
    • Overview of $BANK
    • Token distribution and allocation
    • Fee mechanism
  • 3. Duckburg Staking Vault
    • The concept of memecoin staking
  • How it works
  • 4. Security & Transparency
    • Audited smart contract
    • Locked liquidity
    • Renounced contract ownership
  • 5. Roadmap
    • Explanation of the three development phases
  • 6. How to Buy $BANK
    • Step-by-step guide to buying in the Pinksale Fairlaunch
  • 7. Official Contacts & Links
    • Social
    • Presale
    • Solana Contract
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  1. 2. The $BANK Token

Fee mechanism

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Last updated 22 days ago

Innovative 5% Fee Mechanism

ScroogeBank ($BANK) introduces a revolutionary transaction fee system that enhances both holder rewards and token scarcity:

āœ… 5% of every buy & sell transaction is converted into Solana (SOL) and distributed proportionally to all $BANK holders. šŸ”„ The $BANK tokens used in this conversion are permanently burned, reducing supply and increasing long-term value.

This dual-impact mechanism ensures that holding $BANK continuously generates passive Solana income, while also making the token scarcer over time.

Why This Model Works

  • Passive Income: Every holder benefits from Solana reflections on every trade.

  • Sustainable Growth: The constant burn mechanism reduces circulating supply, making $BANK deflationary.

  • Community First: With 100% of tokens distributed to the community, no centralized entity controls supply or earnings.

šŸš€ Hold $BANK, earn Solana, and watch the value grow!