The Bank For The Hood
Earn 5% of your invitee’s first deposit.
HoodBank is a non-custodial savings protocol on Robinhood Chain. Deposit BANK, earn up to 6.5% daily, and compound your earnings back in whenever you like. There are three actions: Deposit, Compound (put your earnings back to work), and Withdraw. Withdrawing carries an early withdrawal fee that falls the longer your deposit sits. The Withdraw button always shows your live rate before you commit. Put a friend on and earn 5% of their first deposit; tiered referrals can raise your daily rate based on how many eligible referrals you have. Minimum deposit is 1,000 BANK; the per-wallet cap is 10,000,000 BANK, which is 1% of total supply, so no single wallet can corner the pool. Fees: 1% on deposits and 5% on withdrawals. Funds move only by transactions you sign. HoodBank never takes custody of your keys. See the whitepaper for full parameters, mechanics, and risks.
How the 10-day cycle works. The withdrawal fee starts at 90% on the day you deposit and falls 10 points each day, reaching 0% on day nine, and day nine is the only day it is 0%. On day ten it resets to 90% and the cycle starts again. So the play is simple: compound daily, and withdraw on your 0% day. The Withdraw button shows your live rate at all times, and turns lime on your 0% day with the time left in the window. Miss that day and the fee is back to 90%, so it is worth watching.
Detected via EIP-6963.