LUNACASH BANK

What Is LUNACASH BANK

• You Stake LCASH (any period from 60 days to 1 years 2 years) in the LUNACASH Bank to receive LCASH token as Rewards.

• Proportionally, the longer you Stake, the more LCASH you will receive. A 1 year Stake will give a 1:1 ratio of LUNACASH to LCASH conversion.

• By just holding LCASH, you receive BUSD rewards, every day, these amounts are calculated based on your proportion percentage of the overall LCASH in circulation, this percentage gives you proportional access to the funds accumulated from the pool collected from the 3% LUNACASH trading volume, accumulated from the buy & sell tax.

• You will still also continue to receive the daily 0.38% LCASH interest (auto-compound to 40.% APY) in addition. This means, if you Stake your Lcash for 1 year, you will get back 40% interest on your locked amount back after just 200 days.

• LCASH holders will receive other benefit such as multichain-farming profits in the future

• LCASH holders can vote in our LUNACASH DAO governance for important factors, relevant to the token and the community, such as transaction tax change, etc.

• LCASH holders can borrow BUSD at 1:1 ratio of the staked value of LCASH TOKEN in the staking vault. this means if you stake a value of $1000 in LCASH you can borrow a value of $1000 in BUSD. only a 1-year staking vault.

2. Why LUNACASH Bank is an innovative feature that helps the LUNACASH long-term ecosystem?

How does LUNACASH Bank play a crucial part in keeping LCASH value sustainable long term?

1st. The more people that STAKE their LCASH, (usually from 2 week to 1 years), the more sustainable the LUNACASH protocol. The price of a token is based on supply/demand. So LCASH will help reduce the supply and increased the demand of LUNACASH as new investors will have to purchase from the limited supply in circulation, this will support the LCASH price, long term. We are proud to announce, that LUNACASH Bank, is the first fixed APY project to implement such an innovative system.

2nd. LUNACASH is a way for LCASH holders to receive BUSD rewards, this means that holders don't need to sell their LCASH to take profits or, if they do sell to take profits, they will sell less to realize their profit when added to the accumulated BUSD. So less selling pressure means a better support price.

3rd. Crypto markets go though fear and greed cycles and it is clear that we are currently in a fear period. Many people will appreciate their income in BUSD because it feels safe being pegged to the USD. Rewarding BUSD in this market makes LCASH more attractive in the eyes of potential buyers, raising buying pressure and lowering selling pressure is achieved and this is very important for the project long term.

4th. New users will be comforted to see the diamond-handed mentality of the Lunacash userbase, knowing that so many users have put such trust into a project, for such an extended period, in a climate where projects are failing after a few weeks, knowing that there is a strong core base of long term investors, who have staked their LCASH for years, guaranteeing the foundation of the project, will help to stabilize and grow the value of the token over time.

Summary: As you can see by staking you LCASH in the LUNACASH bank, not only benefits you (return within 200 days) but also benefits all LUNACASH holders and provides a great sense of community and longevity for new people entering into the system.

3. Staking mechanism explained.

The STAKING period will range from 2 week to 2 years, the basic idea is the longer the time you stake, the higher the number of LCASH you will have. You can only keep or increase the stake time, you cannot lower your stake time.

So before you stake your LCASH you should consider how long you will commit your LUNACASH to this function.

You can unlock your LCASH TOKEN before the time ends but you can only receive 10% of what you Staked, the rest, the remaining 90%, is used to reward the people who are still staked.

Therefore before staking your LCASH you should also decide how many percent of your LUNACASH will be used to STAKE for LCASH to receive passive income in LCASH and BUSD.

When you calculated the percentage, let's say for example that we will stake 30% of our total LCASH you should then decide how long you will lock your 30% LCASH for.

if you stake your LCASH for 1 year which is equal to 365 days, 1 LCASH = 365 / (365*4) = 0.25 LCASH

Of course if you are not satisfied, you can increase your stake at anytime to receive more LCASH.

4. How to calculate my daily BUSD rewards.

The rewards depend on 2 factors.

The first is daily volume.

The second is your share percentage of the total locked LCASH

If the daily volume is high but the number of locked LCASH is also high your rewards might be lower than on other days.

If the daily volume is high and the number of locked LCASH is low meaning you can have a larger percentage of the total LCASH you will receive a larger share of the rewards, AND will also continue to receive your daily pay out In BUSD.

As you can see your daily takings in BUSD depend a lot on daily volume and how others are engaging with the LUNACASH bank on a daily basis.

The beauty of LUNACASH Bank is their will be a period of fluctuation in the early days as things settle down, but as the nature of the token will push people to stake their tokens for the maximum amount of time, this will mean a large percentage of all tokens will be staked, so will not fluctuate daily, this means that over time the amount of BUSD received by a user will also level off over time, as people find a spot where their BUSD rewards satisfy their requirements.