BANK
The Most widely-held Token
BANK is the native token of BanklessDAO. As a tool for the Bankless community, it determines membership level and voting power in on-chain votes. To be a Level 1 member, which means you can access the Discord server without needing a guest pass, you must hold 35,000 BANK OR a Time Locked BANK NFT.
BANK is available on Uniswap and can be earned by working in the DAO. Many guest pass holders earn their 35,000 BANK rather than buy it outright.
Current market cap and price is
Time Locked BANK
Long-term alignment
Locking up BANK creates Time Locked BANK (tlBANK) and signals long-term alignment with BanklessDAO and it's mission. When you Lock BANK you receive a tlBANK NFT that represents the amount of BANK locked and grants Level 1 membership status for the duration of the lock period. Only the address that mints the tlBANK is entitled to the Level 1 membership status and other future perks.
Lock up your BANK
BED Index
The only index that can get ETH and BTC maxis in BED together
BED Index
The Bankless BED Index is a passive investment vehicle weighted equally in Bitcoin, Ethereum, and the DeFi Pulse Index (DPI), which tracks high-usage DeFi assets. This index gives you exposure to crypto without having to constantly rebalance your portfolio. The fund is a cooperation between BanklessDAO and Index Coop, a provider of DeFi investment products.
DAO Punks
DAOpunks launched in 2021 with the mission of helping to free all humans from the soul-sucking drudgery of default world work. They do that work through providing grants to those who seek to leave the CORPrat life for the meaningful work found in DAOs. Holders of a DAOpunk NFT enjoy access to gated channels, but the community is open to anyone with an interest in DAOs. In addition to grants, the DAOpunks have a newsletter, podcast, and merch arm, and are always spinning new ideas into actionable content. DAOpunks is at the edge of DAO governance, and is pushing the boundaries of where technology meets on-chain voting and automatic treasury triggers.
Chippi
Chippi are hand-drawn 1-of-1s from BanklessDAO contributor Perchy. These profile pictures (PFPs) are members of the Chippiverse, playing a role in “The Future is DAO” storyline. Chippi inhabit the Bankless Nation, a series of art pieces available as NFTs.
BanklessDAO Weekly NFT Showcase
BanklessDAO is embedded in the creative space of NFTs and a champion for artists paving the way in digital art forms. Weekly features can be found on BanklessDAO's Rarible page or the Weekly Rollup newsletter.
DEPRECATED
GMI Index
The Bankless DeFi Innovation Index, called the GMI Index was another investment vehicle springing from the Index Coop/BanklessDAO partnership. However, it did not find product-market fit and was deprecated on October 27, 2022.
Disclaimer
Last updated: July 21, 2023
Interpretation and Definitions
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The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.
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