The Grand Banks

Ahoy Sailors!

The Narwhalswap Team would like to present new product in Narwhal cosmos, namely; “The Grand Banks”.

What is The Grand Banks ?!

Basically put, this feature will allow users to select a farming LP fund and simply invest in it. The feature will also provide a portfolio tracker for users to keep track of what they’re currently invested in.

Main Features

• Users will be able to invest into farming LP funds with BNB, BUSD, NAR or GRAND
• When users withdraw from these farming LP funds, they will automatically get their investments back in BNB, BUSD, NAR or GRAND
• Funds will have automatic growth (reinvestments etc.)
• Fund growth will be easy to track with our new system

Tokenomics

The Grand Banks started with no pre-farm nor pre-sale. $Grand are minted linearly starting from 17 April 2021.

Max supply: 30,000 $GRAND (0.003 $Grand/block)
Starting price at $33.33
Starting block : 6646583

• Mining Program: 26,400 $GRAND (88%)
  ⁃ Team: 3,600 $Grand (12%) :
  - 6.5% Dev Team
  - 2% Marketing and Partners
  - 2% Core team
  - 1% MoD
  - 0.5% Airdrop!!
  20% to NAR stakers 25% to NAR-BNB NLP holders
  25% to NAR-BTC NLP holders
  15% to GOLD-BNB holder
  15% to NFT holders
• Token able to be mined by those who invest into the farming LP funds
• Mining of the token supply to be completed within 10 months
• Will be airdropped to NAR-stakers particularly those who are : NAR-BNB liquidity providers, NAR-BTCB Liquidity Providers, staking NAR in the GEM pool and who are NAR-NFT holders
• Platform fees (to be confirmed) will be used for buyback and burns until 10 months of mining have been completed. After which, the fees will be used for buyback — of which 50% will be burned and 50% will distributed to GRAND-BNB liquidity providers
• Cross-chain fees from other chains will be transferred back into BSC and used for buyback in BSC.

Vaults

Controller Fee: 0.2% — 0.5% (0.6% on single token vaults)

Treasury: 0.5%

Vault Fee ($Grand Buyback & Burn): 1.5%

Entrance Fee: <0.1% on initial capital (One-off)

Withdrawal Fee: 0.0%

For WBNB-Grand LP vaults, there are no fees at all.

Pools

GRAND-WBNB 10x

BTCB-WBNB 0.2x

ETH-WBNB 0.2x

CAKE-WBNB 0.2x

WBNB-BUSD 0.2x

WBNB-USDT 0.2x

Contract Address

Grand Token :
0xeE814F5B2bF700D2e843Dc56835D28d095161dd9

Grand Banks (Masterchef) : 0x3d8fd880976a3EA0f53cad02463867013D331107

We’re always BUIDLING and hoping that all you sailors have enjoyed sailing with us!

— Narwhalswap Team —

Website : https://www.thegrandbanks.finance/#/

Join the community on our official :
https://t.me/theGrandBanks or https://t.me/narwhalswap

Twitter : https://twitter.com/Grandbanks13