📚Knowledge Base

Learn about key points of how Banger Network operates

Banger Network - DeFi platform which is completely based on multiple smart contracts systems, and consists of a big variety of products, including Wallet, Smart Staking, P2P, P2E games, Academy and DAO Governance system.

Smart Contract - A smart contract is an agreement between two people or entities or a function in the form of computer code programmed to execute automatically and without the possibility of interference from any 3rd party.

$BANG - native platform token used as a fuel of the system and required to participate in platform products and activities. $BANG is a BEP20 token built on Binance Smart Chain.

Smart Staking - unique staking system, where you use your funds (BTC/ETH/BNB/USDT) to purchase a Server that will maintain staking operations for you, and automatically fix your profits from multiple staking programs and in multiple currencies, therefore running a dedicated process for you individually and maintaining guaranteed reward level.

Server - custom physical and/or cloud computing device, that is used to provide access to the network and maintain a certain algorithm of operations automatically. In Banger Network - Servers are used to maintain high-frequency staking and profit fixation operations and are personally attached to a user who purchased the server.

CPU - The central processing unit for a server. It impacts the speed of processing operations. The bigger CPU capacity is - the faster Server works.

RAM - The random access memory unit for a server. It impacts the number of parallel processes that can be executed at one time. The better RAM configuration is - the more operations Server can execute at the same time.

SSD - A solid-state drive for a server. It impacts the amount of data that can be stored on the device and used. The better SSD configuration is - the better Banger Server will be able to learn about past operations and their effectiveness.

Server Upgrade - Whenever you are upgrading the server - the better CPU/RAM/SSD configuration your server will have, which will allow Banger Network to guarantee an increasing of your staking reward by at least 1% on each upgrade.

Banger Referral Rewards Program - a referral system of distributing rewards for every user you have invited to staking activities and other platform products. The referral system is based on a mechanism that prevents $BANG inflation and is paid in different currencies.

Banger Wallet - non-custodial wallet that can be used to receive/store and send cryptocurrencies and will be the main storage for you $BANG rewards.

Banger Platform - Banger Network main online platform which allows to use Smart Staking and Referral Rewards systems.

Banger Swap - peer-to-peer exchange system that will allow you to exchange different assets and buy/sell crypto easily.

Banger Academy - online educational platform that will navigate you through blockchain, crypto, and DeFi basic knowledges to help you understand and use the Banger Platform and other products easier.

Banger P2E games - a series of different entertaining play-to-earn online games, where you can try your luck and strategy and win additional $BANG rewards and/or compete with other players.

Banger DAO Governance - decentralized voting system for $BANG stakers and holders where users will be able to take a part in important for the company decisions, such as how the Treasury funds should be spent or which product should be implemented next/kickstarted/etc.,