To further increase utility of our $KNIGHT token right off the bat and in an effort to stabilize price, we have a single stake option on our platform.
This will help give our holders and investors a reason to hold their newly acquired tokens. The bank will allow $KNIGHT holders to deposit their tokens and receive $xKNIGHT.
To make sure the Bank is rewarding to stakers, every $KNIGHT token that gets spent in our ecosystem will partially flow towards the bank. Here is the exact breakdown of where spent tokens will go:
40% Quest reward pool
20% Development fund
10% Marketing fund
10% Bank
10% Team
10% Burned
Each week we will take snapshots of wallets staking in the Bank and will do weekly raffles to reward those people. These rewards will be announced on our Discord server and it is also there you will find each week's winners!