BANX BANX

1399811149 · Decentralized Finance · Lending/Borrowing Protocols · Solana Ecosystem

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BANX is the utility token of Banx, a perpetual peer-to-peer NFT lending protocol on Solana. It is used for governance participation and staking to earn rewards from protocol revenue distributions. The protocol uses all of its revenue from fees and royalties to buy back BANX from the market and distribute it to stakers, creating a direct link between protocol activity and token holder value.