BananaFinance Introduction

2 min readNov 21, 2021

the made-easy staking & yield farming on Etheruem Chain.

Banana Finance is the simple protocol for all beginners in Ethereum Chain. It helps beginners to earn safe and stable yields.

We aim to help everyone that wants to get into staking & yield farming be able to do so. That’s why we are welcoming early adopters to our pre-sale, to be one of Banana Finance's supporters.

“There are so many people out there who want to get into the crypto community, let’s help them”- 🍌 banana team

📝 Why did we build BananaFinance?

Since the crypto community is expanding and Defi is one of the most attractive products in this industry, many people are keen to be a part of it but not everyone finds it easy to understand and participate in.

As a result, it drove us to build a protocol that will help all of the beginners to enjoy Defi now and ever. To be specific, this is the product for everyone and we mean everyone!

📑 Our Protocol:

You can participate in BananaFinance in 2 different ways:‌

Staker: Banana Finance allows you to earn income on your base assets by depositing them into our single asset staking pools.

Yield farmer: coming soon

At launch, we will support 4 base assets — $USDT, $ETH, $BNNF, and $XBX

🟡 What is BananaFi Token (BNNF)?

$BNNF is the native governance token of our project. We create BNNF to be a ‘dividend eligible’ revenue share in Banana Finance which holders earn profits generated by Banana Finance and are entitled to vote on important platform decisions.

But for now, most of the rewards from the BananaFinance platform will be directly or indirectly shared with $BNNF token holders.