iBank

Total Users
- No data available.
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
- No data available.
Contract Balance
The total fiat value of assets in a dapp's smart contracts
- No data available.
Category
- No data available.
Blockchain
EOS
Language
- No data available.

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What is iBank?

iBank - a decentralized application that supports other financial management applications from DappPub.

Contents:

  1. Description of the dapp of the iBank application
  2. Working with EOS
  3. Additional information about dapp

Description of the dapp of the iBank application

The iBank app is suitable for both experienced users and beginners. When you buy something, users receive the interest in real time after the purchase, as well as a calculation in real time.

The redemption is free of charge, limited to a one-time transfer of 20,000 EOS. Repayment takes 72 hours due to the design of the EOS mortgage system.iBank

In addition, iBank provides an additional service of instant redemption - 0.50%. Users pay a 0.1% service fee. Why should you choose iBank for EOS Funding:

High profitability without risk CPU lease financing, high return without risk.
Flexible entry and exit, 0 business days Current deposit with flexible deposit and withdrawal system. Real-time interest after purchase, real-time calculation.

Moreover, a reliable hosting that is completely safe. The project is protected by a multilateral multi-wallet contract.

Working with EOS

EOS has an inherently hierarchical account system and many available management functions to network members. Blockchain allows you to focus exclusively on the business logic of applications, giving the developer almost all necessary tools for working with accounts and their data. Why EOS:

  • EOS inherited the Delegated Proof-of-Stake (DPoS) consensus algorithm from Graphene. DPoS runs on the reputation and voting system. Each round, network members "vote" for accounts, allowed to "close" blocks in the network.
  • Another protection against centralization is implemented in the token sharing mechanism. The developers kept only 10% of the EOS tokens for themselves, while, through a smart contract, they determined a 10-year period for receiving their share. 90% of EOS tokens will go to the participants. New EOS tokens will be created at a rate of no more than 5% per year.

EOS tokens give users a proportionate share of network bandwidth, data storage and computing power. Startups and individual developers can purchase a small portion of the network bandwidth, use their own predicted bandwidth and computing power or lease it out. This solution allows the network to grow capacity without affecting transaction costs. Moreover, in EOS, it is possible to shift the payment of the transaction to the recipient's contract, which allows you to create free applications for the client. EOS provides developers with cryptographic and communication tools for blockchain applications. In addition, parallelization helps to scale the network, resulting in astonishing speeds of one million transactions per second.

Additional information about dapp

You can send all your questions to the company's technical support on social networks:

  • Telegram;
  • Twitter.

On social networks, you will have the opportunity to contact the chat support company to solve all your problems.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.