BankCrash Defines "Bank Collapse" As a Substantial Stock Price Drop, Not a Shutdown
ABOUT THE BANKING COLLAPSE
By taking advantage of BankCrash's one-of-a-kind offer, members of our society have the possibility to improve their current financial status and position themselves better for the future. those have a once-in-a-lifetime chance to earn high annual percentage yields (APYs) by staking their assets in anticipation of the possibility that the bank will go bankrupt as a result of our ground-breaking way of staking, which provides them with the choice to do so using our approach. This opportunity is only available to those who stake their assets in anticipation of the likelihood that the bank will go bankrupt. People who are willing to put their assets on the line in anticipation of the possibility that the bank would fail are the only ones who can take advantage of this opportunity. In addition, we make it a priority to guarantee that each of these procedures is included into the technology behind the blockchain in order to enhance both the degree of decentralization and the degree of transparency that the network has.
Title: Oracle System Implementation for the Purpose of Monitoring the Financial Condition of Banks This article explores the ways in which Oracle Systems may be used to monitor the overall financial health of financial organizations like banks. The establishment of an Oracle that is held in high respect by the community will serve as the goal of this project. The Oracle will be responsible for tracking the health of the top 500 financial institutions. The purpose of this exercise is to drive home the point that it is very important to make use of cutting-edge technology solutions in order to accurately evaluate and oversee the current state of the finances.
At the present, it is our backend system's responsibility to keep an eye out for instances of banks going bankrupt, and after that, it is our backend system's responsibility to make sure that the blockchain is always in sync. It should be noted that in the context of BankCrash, the word "bank collapse" relates more to a major reduction in the stock price of the bank than it does to a total halt of the bank's activities. When a financial organization, more particularly a bank, experiences a state of insolvency and is unable to satisfy its financial commitments to depositors, this is an example of what is meant by the term "bank collapse." The circumstance in which a bank is unable to fulfill its financial commitments to its depositors is another way of defining the idea of a bank collapsing as a whole. From the fact that it has declined by 95% since hitting its top, one may deduce that it is now on a significant downward trend.
The significant decrease that was seen provides evidence that there is a significant problem. The great majority of financial institutions, particularly financial institutions in the banking sector, were unable to lift themselves out of this situation and achieve recovery.
BANKCRASH'S REASONS AND STRATEGIES
Permitting the possible acquisition of financial gain in the event that a bank fails to meet its obligations.
The process of bringing together individuals who share interests and then striving to strengthen the connections that already exist between them as a result of this activity.
supporting the decentralization of resources while also fostering the growth of local authority over such resources.
Keeping an eye on how healthy the financial situations of the 500 biggest financial institutions in the world now are.
TOKEN AVAILABILITY DURING AND AFTER LAUNCH
BASH price as an indicator
The following is the address for the ERC-20 token contract: 0x7f0541deac9904cd8e18506233a1102fc1d4d737 Because of the fun and rebellious nature of BankCrash, the initial quantity of tokens was set at 42 billion, 000,000,000.
Staking a token results in the generation of brand-new tokens that are added to the ecosystem.
The value of these payments is halved every two years at random intervals. This decrease in price will have the effect of maintaining the token's current worth.
Our distribution strategy is to ensure that the ecology of BankCrash remains resilient, dynamic, and intriguing. This is the end result we want to achieve.
Not true at all.
Buy-and-Sell Tax Rate: 0%
Putting down stakes
#CrashRider status is immediately conferred to everyone who makes a deposit of $BASH.
Before BankCrash, there had not been a token that profited from a financial crisis as it does now. To participate in the rewards system, you must first stake $BASH tokens.
FOR MORE INFORMATION VISIT:
WEBSITE: https://bankcrash.gg/
WHITEPAPER: http://hhttps//docs.bankcrash.gg/
TELEGRAM: https://t.me/bankcrash_official
TWITTER: http://hhttps//twitter.com/BankCrashAlert
YOUTUBE: https://www.youtube.com/@BankCrash
GITHUB: https://github.com/BankCrashCrypto
AUTHOR:
Bitcointalk Username: Bigjohnson124
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=185728
BSC Wallet Address: 0xE81b6A6362e24961AA09D5E413Af386fa9A59B17