# AYZ Bank

#### 1. What is AYZ BANK?

* You lock AYZ (any period from 1 day to 4 years) in the AYZ Bank to receive X AYZ token as a receipt. (Proportionally, the longer you lock, the more AYZ you will receive. A 4-year lock will give a 1:1 ratio of AYZ to xAYZ  conversion.)
* By just holding xAYZ  , everyday you get BUSD reward from 4% AYZ trading volume, plus 1.16% AYZ interest (auto-compound to **1.289,990,50%** APY for you). You will get back your locked amount after 60 days if you lock for 4 years.
* BUSD rewards are calculated based on your proportion percentage of the overall xAYZ   in circulation, this percentage gives you a proportional access to the funds accumulated from the pool collected from the 4% AYZ trading volume, accumulated from the buy & sell tax.
* xAYZ   holders can vote in AYZ DAO governance for important factors such as transaction tax change...
* You can unlock xAYZ  before time but 80% of your locked AYZ will be burnt.

#### 2. Why AYZ Bank is an innovative feature that helps the AYZ system long term?

How does AYZ Bank play a crucial part in keeping AYZ value sustainable long term?

* The more people that lock their AYZ to xAYZ  , (usually from 2 weeks to 4 years), the fewer AYZ tokens are in circulation. The price of a token is based on supply/demand. So xAYZ   will help reduce the supply and increased the demand of AYZ as new investors will have to purchase from the limited supply in circulation, this will support the AYZ price, long term.
* The more AYZ that is locked, the less new AYZ is printed. This is due to the fact that when you lock your AYZ to xAYZ   you receive the BUSD from the 4% of  AYZ transaction volume and about 1.16% AYZ rewards everyday compounded to 6,633.17% a year. If you don't lock your AYZ you will receive 2.5% rewards everyday. So 50% less AYZ is printed for all locked xAYZ  which means less inflation.
* xAYZ   is a way for AYZ holders to receive BUSD rewards, this means that holders don't need to sell their AYZ to take profits or, if they do sell to take profits, they will sell less to realize their profit when added to the accumulated BUSD. So less selling pressure means better support price.
* Many people will appreciate their income in BUSD because it feels safe being pegged to the USD. Rewarding BUSD in this market makes AYZ more attractive in the eyes of potential buyers, raising buying pressure and lowering selling pressure is achieved and this is very important for the project long term.
* New users will be comforted to see the diamond handed mentality of the AYZ userbase, knowing that so many users have put such trust into a project, for such an extended period, in a climate where projects are failing after a few weeks, knowing that there is a strong core base of long term investors, who have locked their $AYZ for years, guaranteeing the foundation of the project, will help to stabilize and grow the value of the token over time.

Summary: As you can see by locking you AYZ in the AYZ bank, not only benefits you (return within 60 days) but also benefits all AYZ holders and provides a great sense of community and longevity for new people entering into the system.

#### 3. Locking Mechanism explained.

The locking period will range from 1 week to 4 years, the basic idea is the longer the time you lock, the higher the number of xAYZ   you will have. You can only keep or increase the lock time, you cannot lower your lock time.

So before you lock your AYZ you should consider how long you will commit your AYZ to this function.

You can unlock your xAYZ   to AYZ before the time ends but you can only receive 20% of what you locked, the rest, the remaining 80% will be burnt.

Therefore before locking your $AYZ yzilla you should also decide how many percent of your AYZ will be used to lock for xAYZ   to receive passive income in AYZ and BUSD.

When you calculated the percentage, let's say  for example that we will lock 30% of our total AYZ , you should then decide how long you will lock your 30% AYZ for xAYZ&#x20;

If you lock the AYZ for 4 years, your exchange of AYZ for xAYZ  will be 1 AYZ is equal to 1 xAYZ&#x20;

if you lock your AYZ for 1 year which is equal to 365 days, 1 AYZ = 365 / (365\*4) = 0.25 xAYZ &#x20;

Of course if you are not satisfied, you can increase your lock at anytime to receive more XAYZ .

#### 4. How to calculate my daily BUSD rewards.

The rewards depend on 2 factors.

The first is daily volume.

The second is your share percentage of the total locked xAYZ&#x20;

If the daily volume is high but the number of locked xAYZ   is also high your rewards might be lower than on other days, but during this time you will still be getting your daily rewards paid out in AYZ equal to 1.16%.

If the daily volume is high and the number of locked xAYZ  is low meaning you can have a larger percentage of the total xAYZ   you will receive a larger share of the rewards, and will also continue to receive your daily payout of 1.16% AYZ also.

As you can see your daily takings in BUSD depend a lot on daily volume and how others are engaging with the AYZ bank on a daily basis.&#x20;

The beauty of AYZ Bank is there will be a period of fluctuation in the early days as things settle down, but as the nature of the token will push people to lock their tokens for the maximum amount of time, this will mean a large percentage of all tokens will be locked, so will not fluctuate daily, this means that over time the amount of BUSD received by a user will also level off over time, as people find a spot where their BUSD rewards satisfies their requirements.
