PaySwap
English
English
  • PaySwap Intro
    • Get Started
      • Create a Wallet
      • Get Tokens
      • Using PaySwap without Centralized Exchanges
      • Connect Your Wallet to PaySwap
      • Sell/Buy Native Tokens
    • Click Here for Help
      • Troubleshooting Errors
      • What is an Approval Transaction?
      • Fixing Stuck Pending Transactions on MetaMask
  • 🐲Leviathans
    • 👚Apparel, Beauty & Cosmetics Leviathan
    • 🚰Beverage Leviathan
    • 🎥Culture & Entertainment Leviathan
    • 🔌Energy Leviathan
    • 🥕Food Leviathan
    • 😷Healthcare Leviathan
    • 🪖Law & Order Leviathan
    • 🪓Mining Leviathan
    • 😈NSFW Leviathan
    • 🏠Real Estate Leviathan
    • 💻Software, Telco & Other Leviathan
    • 🚌Transportation Leviathan
    • 🏦The Money Bank
    • NWO
  • Products
    • 🌉ARPs
      • Manual ARPs
        • Setting Up Your Company's Payroll
        • Setting Up A Tontine
        • Selling Shares In An Asset
      • Percentage Based ARPs
        • Roommates Paying Bills Together
      • Automatic ARPs
      • Minting & Claiming Notes
    • 🟪Auditors
      • Natural Resource Audits
      • SSID Audits
      • Tokenizing Real Estate
      • Tokenizing Personal Posessions
      • Nature Tokens
      • Bounty Hunters
    • 🔮Betting Contracts
      • Bets without alphabet-encoding
      • Bets with alphabet-encoding
      • Partner Betting Events
    • 💧Bills
      • Taxes
      • Bookkeeping
      • Bank Accounts
      • Selling Shares In An Asset
    • 🖼️CanCan
      • Products/Services
        • Listing Products/Services
        • Buying Products/Services
          • Buying With Your Wallet
          • Buying Through The Stake Market
          • Selling Through The Stake Market
          • Buying Through Valuepools/DAOs
      • Articles
        • Listing Articles
        • Tipping Writers
      • Paywalls
        • Listing Paywalls
        • Adding Items To Paywalls
        • Removing Items From Paywalls
        • Partnering With Paywalls
        • Buying Paywall Subscriptions
        • Activating Paywall Subscriptions
      • NFTickets
      • Discounts & Cashbacks
        • Discounts
        • Cashbacks
        • Manual Rewards
      • List Partner Valuepools
      • Announcements
      • Reviews
      • Dynamic Pricing
      • Partnerships
      • Memberships
      • Identity Requirements
      • Sponsorships
      • Auctions & Bids
      • Drops
      • Votes
    • 🧑‍⚖️dRamps
      • Adding A Token Market
      • Deploying & Adding An Extra Token
      • Activating A Token Market
      • Update Prices On A Token Market
      • Automatic Ramps
        • Minting tFIAT Tokens
        • Burning tFIAT Tokens
      • Manual Ramps
        • Minting tFIAT Tokens
        • Burning tFIAT Tokens
      • Sponsor Ramp
      • Sell/Buy Native Tokens
      • Ramps Valuepool
      • Partnerships
      • Bootstrapping
      • Selling Token Markets
      • Use Cases
        • Paying For Tuition
        • Paying For Products/Services
        • Remittances
        • Forex
        • Blockchain Bridge
        • Store of Value
    • 🖼️eCollectibles
      • The Default Minter
      • Custom Minters
      • Listing Pre-Minted NFTs
    • 🔄Exchange
      • Token Swaps
      • How to Trade
      • Fees and Routes
      • Liquidity Pools
      • How to Add/Remove Liquidity
      • FAQ
    • 🧈Future Collaterals
    • 🎮Games
      • Game Objects
      • Game Scholarships
    • 🎟️Lottery
      • How to Play Lottery
      • Lottery FAQ
      • Marketplace Lottery
      • FT Lottery
      • NFT Lottery
    • 💳PayCards
      • MarketPlace Purchases
    • 🐞Profile
      • Building Your Social Graph
      • Transferring Money
      • Credit Reports
      • Security & Others
    • 💹Revenue Sharing
      • Accelerator
      • Businesses
      • Contributors
      • Referrals
    • 🍯Sponsors
    • 🍏SSI
      • Creating Data
      • Creating An SSID
      • Creating A Unique Profile
    • 📈StakeMarket
      • Buying A Listed Product
      • Call For Tenders
      • Collateralized Loans
      • Stake Applications
      • Litigations
    • 🖥️TrustBounties
      • FT Bounties
      • NFT Bounties
      • Approvals
    • 🌐ValuePools/DAOs
      • Minting An NFT Token
      • Sponsoring A Valuepool
      • Shopping With A Valuepool
      • Lending & Investing With A Valuepool
      • Creating A Proposal
    • 👾Wills
      • Setting Up Your Will
      • Using Wills For Storage
    • 🛍️Worlds
      • Red Pill Worlds
      • Blue Pill Worlds
      • Green Worlds
  • Use Cases
    • CanCan
      • Item MarketPlace: Amazon
      • Item MarketPlace: Rentals
      • Talent MarketPlace
      • AirBnB
      • Ride Hailing
      • Delivery App
      • Rent The Runway
      • Subscription App
      • Dating App
      • Friend.tech
      • TeleHealth
      • Product Remixes
    • Valuepools
      • BNPL App
      • Group Investment App
      • Insurance App
      • Marketing App
      • Savings App
    • ARPs
      • Budgetting
      • Group Vacation Planning
      • Proxy Investment
      • Spend Management
      • Loan Management
      • Rent Management
      • Tipping
      • Play & Earn Loan Management
    • Bills
      • Flexible Loan Management
      • Bill Payment
      • Taxes
      • Proxy Investment
    • Auditors
      • Address Verification
      • Identity Verification
      • Luxury Item Authentication
      • Awards & Trophees
      • Credit Wothiness
    • Games
      • Play To Earn For Your Game
      • Play To Earn For Tripe A Game
      • Betting
    • Betting
      • Stock Market
      • Sports
      • General
      • Companies
      • Swaps
    • Lottery
      • Data Collection
      • Sale Incentive
    • SSI
      • Supply Chain
      • Medical Records
      • Zero Knowledge Proofs
      • Background Checks
      • Single Sign-On
    • StakeMarket
      • Pre Sales
      • Construction Contract
      • Collateralized Employment Contract
    • TrustBounty
      • Volatility Hedge
  • Governance & Tokenomics
  • Culture & Vision
  • RoadMap
  • Developers
    • Smart Contracts (EVM)
      • PaySwap Exchange
        • v3 contracts
          • PancakeV3Factory
          • SmartRouterV3
            • V3SwapRouter
            • V2SwapRouter
            • StableSwapRouter
          • NonfungiblePositionManager
          • PancakeV3Pool
      • MasterChef
        • MasterChef V3
      • dRamps
        • dRamp Contract
      • Lottery
        • Lottery Contract
  • Team
  • Contact Us
    • Customer Support
    • Social Accounts & Communities
Powered by GitBook
On this page
  • What is It ?
  • Why A Money Bank ?
  • Bankers
  • Why Join The Money Bank ?
  • How To Join ?

Was this helpful?

  1. Leviathans

The Money Bank

The bank to replace them all

What is It ?

The money bank is multiple banks in one. It is one valuepool where users deposit and withdraw money. It functions just like a normal bank but is decentralized.

Any banker can apply to become a banker in the money bank by creating a proposal through the money bank's valuepool.

The bank accepts applications from various types of bankers:

  • those that specialize in banking/lending to big enterprises

  • those that specialize in banking/lending to SMEs

  • those that specialize in banking/lending to startups

  • those that specialize in banking/lending to low-income individuals

  • those that specialize in banking/lending to kids

  • those that specialize in banking/lending to women

  • those that specialize in banking/lending to gig workers

  • those that specialize in banking/lending to creators

  • those that specialize in investing on behalf of the bank

  • those that operate as a central bank for free tokens and specialize in controlling the supply of free tokens in circulation by either withdrawing free tokens from the money bank into the marketplace or by withdrawing FIAT tokens from the money bank to purchase free tokens off of the marketplace into the money bank.

  • etc.

Normally, the less crowded (by other bankers) the niche you are applying to cater to, the more chances you have to be approved as a banker.

Bankers can withdraw funds necessary to satisfy users' withdrawals in case of a bank run.

Why A Money Bank ?

The money bank has four main goals:

  • Finance the respective projects of the Leviathans

  • Keep Free Tokens stable

  • Provide liquidity in the world of cryptocurrencies

  • Provide a better, less greedy, and more transparent alternative to current banks

Financing Leviathans' Projects

To achieve their honorable mission of providing abundance to the world, Leviathans will need as much financing and loans as possible. The money bank eases their burden by providing financing for their projects through its bankers.

Keeping Free Tokens Stable

Bankers are expected to buy, hold or sell Free Tokens on the market as needed to maintain their prices or at the very least, prevent them from being subject to too high of an inflation or a deflation.

Providing Liquidity

It is still difficult nowadays to transfer value on and off blockchains without going through a bank. This bank aims to change that by building as many ATMs and reverse ATMs around the world as possible that will enable users to transfer their cash/cryptocurrencies to/from the blockchain directly without going through an actual bank.

Being A Better Bank

Banks when they are small lack liquidity and when they are big can become too big to fail, requiring tax payers, often times to bail them out when they mess up.

The money bank by enabling various types of bankers, access to its liquidity, can be seen as multiple small banks in one since each banker is independent of the other. This solves the issue of small banks' lack of access to liquidity. Imagine a JP-Morgan with the focus of a small bank or a small bank with the liquidity of a JP-Morgan. That's what the money bank aims to become.

All operations of the money bank are transparent and the money approved for all bankers is approved through a vote of clients of the money bank. This will prevent the money bank from taking too much risks and having to be bailed out.

Bankers

At the end of each week, each banker sends 90% of customers' deposits into the money bank so it can be invested or lent. The money bank functions like a regular bank but with complete transparency. The assumption is that 10% of customers' deposits will be sufficient to facilitate all withdrawal operations.

Why Join The Money Bank ?

Here are some reasons why you should join the money bank:

  • you can bank with bankers that specialize to your specific demographic

  • you can bank with the convenience of the blockchain i.e. you will maintain the same level of access to your funds no matter the country you're in and the bank cannot seize your funds

  • you can escape inflation by banking in Free Tokens (since our bankers will do their best to prevent inflation on Free Tokens)

  • you can support the Leviathans

  • you can build your credit and get loans (bankers will use your weight and percentile in the money bank's valuepool to evaluate your creditworthiness)

  • you can see in real-time what the bank is doing with your money

  • you can help advance the mission of building enough ATMs and reverse ATMs around the world to directly link tradFi and Defi

  • etc.

How To Join ?

To join the money bank, you would have to create an account in its valuepool, this will enable you to vote on proposals submitted to the bank like investment proposals, etc.

You should see the money bank's valuepool listed under that tab. To create an account in it, follow the instructions on the page below:

From your account, you will be able to deposit/withdraw funds to/from the money bank.

Congratulations! You now have a voice to vote on the money bank's proposals as well as an account to deposit your funds into the bank.

PreviousTransportation LeviathanNextNWO

Last updated 1 year ago

Was this helpful?

When you are approved, you can start banking clients from your niche. To enable users to discover you more easily, you need to partner with the and post a product that will enable users to book consultations or order services from you.

Bankers interface with their clients and the money bank through a they've deployed which enable them to bank their users in any token they or their clients wish.

Bankers use Bill contracts to facilitate deposits/withdrawals and to facilitate loans.

To do so, go to the , and under the Contracts tab, click on the Valuepools tab.

The next step is to pick a banker from the money bank's approved bankers (you can find our approved bankers from the partners' section of the ) and apply for an account with that banker.

🐲
🏦
money bank's CanCan channel
Bill contract
ARP contracts
money bank's CanCan channel
Minting An NFT Token
money bank's CanCan channel