For Miners (Validators)
The Mining Bank is open ONLY to addresses that validated BNB Blocks. What gets sent automatically and continuously from BabylonSwap to the Mining Bank is paid to the address of the Latest BNB Block Validator. These addresses can Harvest their Mining Bank earnings at any moment. The mining bank pays only the validators/stakers of the BNB Blockchain. So 0.03% of every swap that happens on BabylonSwap (from the endless pairs tradable via BabylonSwap) creates an ever-increasing reward to those who protect our decentralized blockchain (the validators of the BNB network)
The idea is to automatically pay the Miners ever-increasing amounts of money thus increasing their economic incentive with every passing day which means they will always invest in protecting the blockchain and allowing it to scale forever (unlike Bitcoin Core and Ethereum and all existing blockchains which have no economic incentive for the miners and that’s why they can’t scale)
If you’re familiar with Game Theory you’ll understand the genius of the Mining Bank
If you’re a BNB miner then you can just login using a wallet address that validated at least one block during its lifetime and then you can paste the contract address of any token that was rewarded (tokens traded on top of BabylonSwap which can be tracked from the Block Explorer) and then click “Claim” and you’ll receive the reward
If you’re not a BNB miner then the “Mining Bank” section is not for you
Thanks to this Mining Bank we can finally scale Blockchain forever mathematically guaranteed Wall Street style
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