MemeBank to List On Pancakeswap on June 7th
There are more than 300 crypto-exchanges nowadays, almost all of them offer the same mediocre features that are identical to the leading exchanges such as Binance. MemeBank is not a lazy copy of the successors but an ambitious project that aims to drive revolutionary changes. According to its official announcement, MemeBank will soon be listed at Pancakeswap on June 7th, 2022.
As Alec Rubal, one of the MemeBank co-founders pointed out, “An exchange can’t make money when its users can’t profit from it.” MemeBank is not only startup-friendly but starter-friendly. The team since the beginning has aligned their interests closely with those of the users. Its tokenomics demonstrates a set of Web3 traits including the management of trading fees. Most CEXs do not list memecoins and startup projects, whereas DEXs usually charge a higher trading fee.
MemeBank is also going to introduce the tribal system which works like a spontaneously organized mutual fund. Every user at MemeBank can create their own tribes, and others can pay a monthly subscription fee that goes to the tribal treasury to join the tribe. The tribe founder serves as a portfolio manager who invests the tribal treasury into different projects. The tribes will also be ranked on a leaderboard based on their net annualized return and the size of tribal treasury.
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