Bank of Meme

Turning your $meme dust into DeFi dreams.

B of M Overview

The Bank of Meme was developed assist crypto traders who have seen their assets depreciate in value suddenly and significantly. In other words their $1000 dollar investment in $memetoken is now worth $10. The B of M will receive the WETH from meme dust trades and depositors will receive $memeBits rewards. The Bank of Meme is built on 4 key components: the dust Protocol, $memeBits, Burning, and Yield Farming.

dust Protocol

The protocol runs on top of a system of connected internal and external smart contracts to secure, automate, and value between traders and the B of M.

1. B of M Smart Contract is used for deposits and automated trades.

2. Uniswap Contracts are used for swaps from ECR-20 to WETH .

3. B of M Oracle Contract is used prevent price manipulation and front running.

4. Rewards Contracts are used to distribute rewards to B of M depositors.

$memeBits

$memeBits are the native ERC-20 token of the Bank of Meme. $memeBits give traders special permission on the B of M.

1. $memeBits token launch will be a fair and anti-whale.

2. $mememBits collected from the 1% buy/sell tax will be burned.

3. $memeBits will give traders the permissions to create Orders for the ERC-20 token of their choice.

Burning

The strategic burning of $memeBits will reduce the supply of $memeBits over time.

1. The taxes collected in $memeBits for buy/sells will always be burned.

2. In Phase One WETH collected by the B of M will be used buy and burn $memeBits.

3. Burn address, 0x000000000000000000000000000000000000dEaD.

Yield Farming

Yield farming in ETH and stable coins generate returns range from 4%-20%.

1. Phase Two will introduce Liquid Yield farming of revenue generated by the B of M.

2. Returns from farming will be used as rewards for $memeBits stakers.