A step-by-step guide to depositing /withdrawing CROWNs to/from the Bank
CROWNs can be deposited in the Bank. When you deposit CROWN in the Bank, you will receive xCROWN. The Bank will receive a certain portion of fees from all the market activities in the Emerald City ecosystem which the stakers will be able to earn. There will be a periodic market buy for CROWN tokens which means that the xCROWN will always be more than the deposited CROWN. 10% of all CROWN and marketplace transactions will be deposited into the Bank. The deposits and fees can be withdrawn instantly.
- Click on the Deposit button and enter the amount of CROWN you want to deposit in the bank.
- The amount of xCROWN you will get (in real-time) will be displayed below the entered amount.
- Confirm Deposit.
- Click on the Withdraw button and enter the amount of xCROWN (NOT CROWN) you would like to withdraw.
- The amount of CROWN you will be receiving will be displayed below the entered amount.
- Confirm Withdraw.