First, let me tell you a story
There are 5 Krugs and 1 slab of meat. The meat will always be evenly distributed to all the Krugs who are present. The hunters will bring in a little more meat from time to time.
Once a Krug eats his share, he’ll have to leave. More meat will continue to come in, to be shared by the remaining Krugs. So, a Krug can choose eat his share anytime, or wait to have a bigger share. The longer a Krug waits, the more meat gets brought in, with less Krugs to share it with.
Kruggy Bank mint is paused until further notice.
Supply: 300
Purchase a kruggy bank here
How it works
- All funds raised will be invested in AMM/loans.
- 80% of funds are earmarked for distribution, 20% set aside to be airdropped
- Every week, we will place 8 buy orders for the NFTs, starting from week 1 at mint price
- At the end of each week, we will remove all unfilled orders, and put in new offers at a slightly higher rate.
- The more offers claimed, the less NFTs to split the fees with, the faster the increment will be every week.
- We will airdrop $SOL to all delisted kruggy banks whenever it reaches 5 $SOL.
What you can do with the NFT
- Trade normally on tensor
- Hold for value appreciation
- ‘Break the kruggy bank’ anytime by accepting our buy offers on Tensor
- Lend / borrow on Banx