@Lilthunder22@hoskilien@BankFiOfficial Love what you've built over the last 4 years. Got in early and have been happy to "set and forget" knowing that you can be relied on to just keep building and expanding. Keep it up. ๐
Our BTC mining portfolio continues to grow.
What started with our existing mining infrastructure is expanding through reinvestment and new partnerships across Cardano and Robinhood Chain.
Every addition helps grow the productive asset base behind BankFi.
And we'll continue sharing the numbers.
It pays to $Bank with us
Since you probably won't research the site, here is the tl;dr:
BankFi started as a Cardano protocol in 2021. They call themselves the Bank of Cardano.
The model is simple. Capital goes into yield producing assets. Revenue gets paid back to holders.
There are three ways in.
Units. You buy into one specific vertical. Each vertical runs as its own DAO and each unit is one vote. Unit price is fixed in USD based on the assets underneath. 100% of what you pay goes into buying more of those assets. Units vest 45 days, then earn and can be sold on their community market.
Genesis NFTs. Each NFT carries a unit value and earns from a basket of assets instead of one vertical.
$Bank is a governance token and earns a cut of all protocol rewards and is built to be deflationary.
There are two types of verticals.
1. Core ones BankFi owns and runs.
2. Affiliate ones they host for partners, kept separate.
The two Iโd watch are BTC mining and World Mobile nodes. World Mobile is a telecom network built on owned hardware. 145,000+ nodes. 3M+ users a day. The nodes earn when people make calls and use data. Thatโs an RWA with a customer.
Their latest numbers. 149,853 ADA generated. 126,164 ADA paid out. 23,020 ADA put back to work. About 84% to holders, the rest compounds.
They also run a dev shop called Pillar. It has processed over 40M ADA across hundreds of token and NFT launches. If a project puts 50% or more of its raise into BankFi units, Pillar cuts its launch fees by up to 100%. Pillar only gets paid through protocol fees, so it wins when the project wins.
The new piece is @VaultlingsNFT. Itโs 2,965 NFTs on Robinhood Chain, minted this week with a 10% creator fee. 100% of those fees go into the BTC mining and node operations. Over $2M is already deployed across their verticals.
The team is led by two brothers from the insurance industry, plus a CTO with 5+ years building on Cardano. From my experience thus far, they are a passionate team working hard to deliver sustainable value to their holders. They also invest heavily into their own project so they have skin in the game.
Higher.
Vaultlings (@VaultlingsNFT) just landed on Robinhood Chain.
Free mint that hit a $100+ ATH. $57,000 volume in the first 24 hours. 2,965 pieces. Built by BankFi, the same team already running real BTC mining and World Mobile node infrastructure.
The play is simple: expand BankFi beyond Cardano, bring the model to a new chain, and let both communities participate. BankFi holders got guaranteed allocations based on portfolio rating. Creator fees from the collection go straight into the existing verticals so activity on Robinhood Chain feeds the same reward engine.
No paid mint. No empty promises. Just a collectible entry point tied to working infrastructure.
"It pays to BANK with us"... even on other chains. @BankFiOfficial
the vault opens monday
management seems excited
we're not sure they've considered what happens after
once you mint us, you can't put us back
we've made sure of that
mint here: https://t.co/s5R61Oogg1
HR has finalized our hiring schedule
monday, oct 26 ๐๏ธ
GTD: 8am โ 10am ET (oct 26)
FCFS: 10am (oct 26) โ 8am ET (oct 27)
PUBLIC: 8am ET (oct 27 onwards)
we've been told punctuality is important
we've purchased 17 alarm clocks
you should too
https://t.co/7ckmrSZ47T
Good day, everyone! ๐
Here are our latest stats before purchasing new mining units:
Mining Units: Increased from 47.2 to 75.4
WMT: Remains the same for now.
Weโre continuing to expand our **BankFi verticals** and strengthen our mining operations. More growth is on the way! ๐ฅ
Stay tuned for more updates. Weโre just getting started and will share assets of game sneak peeks ! ๐ช
I've been both lucky and reckless in my crypto journey over the last 4 years. I was lucky to find @BankFiOfficial which turned out to be very steady. Stupidly I sold some of my rewards for other failing assets, when I should have simply reinvested into this winning project.
@campbellclaret Good that it has been documented, but declaring "genocide" this late is not news to anyone. The footage was thankfully here on @elonmusk 's x from the beginning... but too many career politicians were too scared to call it until they felt their careers were protected by consensus