$BSL Token
The power behind the ecosystem is the $BSL governance token; secure, feature rich, and under constant utility improvement.
The BankSocial ($BSL) governance token is the backbone of the BankSocial ecosystem, originating as a simple ERC-20 token. Since then, many upgrades have been made, including expansion to the Binance Smart Chain network (non-bridged) and also smart contract upgrades to prepare for future endeavours.
The decentralized governance DAO manages the social lending pool, and Fivancial Inc. builds additonal features and multi-faceted utility components so the token holders can benefit from the tools deployed within the BankSocial ecosystem.
The most unique component of the Token Governance model is the Wyoming Registered BSL DAO LLC. It allows the $BSL governance and utility token holders to benefit from their ability to operate as a decentralized autonomous organization, and is the worlds first DAO that allows the holders to perfect a lien position with title using on chain governance. Its Evolutionary!
Benefits
Take advantage of reduced closing costs and fees.
You still qualify and receive SLP stake rewards!
$BSL utility token holders are able to stake in our social liquidity pool that rewards stakers in Stablecoin.
Benefits
Get stablecoin rewards back for staking in our pools.
Staking for different lengths of time.
Earn additional rewards while you stake in the SLP.
Your staked amount applies to other BSL products.
Multiply your rewards by combining products.
$BSL utility token holders benefit from their ability to stake tokens for the term of their loan and receive additional benefits over non token holders.
Benefits
Qualify for our lowest interest rate offerings.
Take advantage of reduced closing costs and fees.
You still qualify and receive SLP stake rewards!
$BSL utility token holders benefit from their ability to stake tokens and qualify for different levels of our BankSocial Rewards Debit Card.
Benefits
Get $BSL rewards back for every dollar you spend.
Get access to programs and free memberships.
You still qualify and receive SLP stake rewards!
Ticker: $BSL
Decimals: 8
Total Supply: 10 billion on the ERC-20 side and 10 billion on the BEP-20 side (respectively)
Both token contract addresses are identical (first of its kind on the blockchain)
$BSL ERC-20 and BEP-20 Contract Address:
0x0AF55d5fF28A3269d69B98680Fd034f115dd53Ac
Where to view token details:
Etherscan
BSCScan
To buy or sell these tokens on either chain, use a slippage above 4%. Increase the slippage incrementally if the trading volume is high. 100% of the 4% buy and sell tax goes into the community SLP to increase opportunies for staking and interest.
You can always swap for $BSL on the exchange.banksocial.io platform or use one of our partners.
Discover the ecosystem that makes up the vision behind BankSocial.
Evolution of financial services that cater to todays global needs.
Utilization of distributed ledger technology to provide novel banking services.
Technology and innovation that aims to compete with traditional finance.
Custom tailored financial solutions for business and enterprise use.
Proprietary technologies providing seamless, instant and secure transactions.
Personal Cards
Business Cards