Grow Your Portfolio With Confidence
BankFi transforms yield generating assets into simple, transparent, and endlessly scalable earning opportunities. We empower users to select from a diversified set of assets spanning across various industries. Our focus is on long-term, sustainable rewards.
Start your passive reward journey with your own personal touch. Purchase Units on the BankFi Market for reliable rewards from a specific asset vertical, collect BankFi Genesis NFTs to earn rewards from a basket of various assets, or accumulate $BANK token and Holder Passes to earn a portion of all protocol rewards and enable your portfolio to grow alongside BankFi.
Simplicity
Start with a single transaction; experience passive earning and portfolio growth
Transparency
DAO-managed verticals with real-time metrics and monthly reporting
Sustainability
Lifetime asset-backed yield with compounding to sustain the underlying assets
How it Works
The BankFi protocol is built to scale, reward, and last.
Cardano Token & NFT Sales
Through our development arm, Pillar, we offer a variety of Cardano development services with a strong specialization in Token & NFT Sales. Operating since 2021, we have processed more than 40 million ADA in payments across hundreds of Token & NFT launches.
We strive to be a pillar of the Cardano ecosystem, leading with integrity, trust, reliability, transparency, and professionalism. Ensure your project has a strong foundation by launching with Pillar.
Backed By BankFi
In addition to our standard launch packages -- which consist of upfront payment, commission, or a combination of the two -- we also offer a one-of-a-kind opportunity through our Backed By BankFi sales.
By allocating 50% (or more) of the sale revenue to the purchase of BankFi Core Vertical units, projects are able to receive up to 100% off the price of a traditional Token or NFT sale. This enables you as a project to retain more value upfront while also maximizing the potential of your raise by putting the treasury funds to work. Passive revenue through BankFi can enable projects building on Cardano to extend their runway, avoid bankruptcy, and ultimately create a more prosperous ecosystem.
Reduced Costs
Starting a project requires capital. With Backed By BankFi, you are avoiding up to 100% of the typical sale costs, maximizing your treasury.
Long-Term Building
Lock in passive revenue that sustains your project through any market and fosters your long-term success.
Aligned Success
We only get paid through the BankFi protocol fees as rewards are paid out, aligning your continued success with our own
Explore Our Ecosystem
No matter your background, the BankFi ecosystem has something for everyone. Generate sustainable rewards, passively compound your portfolio, and experience everything that Cardano has to offer through tokens and NFTs -- all on BankFi.
$BANK Token
$BANK is the utility token at the core of our protocol. In addition to being the BankFi governance token, $BANK earns a portion of all protocol rewards. It is a deflationary token that is designed to scale with the expansion of the BankFi ecosystem, verticals, integrations, and new features.
Genesis
Funded primarily by our 3 Genesis NFT collections , Genesis encompasses a diverse collection of assets primarily geared towards Cardano and other Web3 industries. The Genesis collection adds a Web3 gamification element by assigning a unit value to each NFT. Collect & earn through Genesis!
Portfolio Rating
Your Portfolio Rating is a single number representing your overall participation and contribution to the BankFi ecosystem. Everything from delegating to the BANK stake pool to collecting BankFi assets all contribute to your rating. Unlock new tiers and corresponding perks as you grow your portfolio through BankFi!
Our Team
BankFi is supported by more than 10 exceptionally skilled individuals with a shared vision of increasing financial opportunities available to everyone in Web3. The founders, product managers, marketing team, and in-house development team all share deep roots in Cardano and Web3 as a whole. We are committed to the long-term growth and support of publicly-available financial software across Cardano, Web3, and the entire BankFi ecosystem.
Andrew Caldwell - CEO
Andrew serves as the key decision maker and driver of business growth and development at BankFi. He ensures operating budgets are properly managed, timelines are met, and key business partnerships are formed. As the CEO of a major US insurance network he brings in a wealth of knowledge and experience of managing complex systems at scale.
Stephen Caldwell - COO
Stephen provides critical insights into the designs for the flow of funds and associated cybersecurity measures to ensure transparent, efficient, and safe deliverables for every project. With a career as the Director of Financial Analysis and Director of Information Security in the insurance industry, he has a unique skillset that lends itself perfectly to the protection of protocol users and funds in all of the applications we build.
Jake Shearman - CTO
Jake leads the software and infrastructure development for all BankFi offerings. He has a comprehensive understanding of Cardano's protocols, with 5+ years of Cardano development and experience in smart contract development for other blockchains as well. His career began in traditional FinTech, delivering stock market data at scale. He dedicated his career to blockchain development once he saw the massive untapped potential for how it could benefit society.
Technical
Nick Fekete
Dom Monette
Tyler McVety
Marketing
CJ O'Heany
CMDR07
DPD2
Community
Crash
DK Boiler
Doey
FA
Inmate Zero
Manik
Tony
Frequently Asked Questions
Couldn't find what you were looking for?
Read more in our Vault Paper, which takes a deep dive into each and every aspect of the BankFi ecosystem. If you have any questions, try to find them in the FAQ below and let us know if we are missing anything! Make sure to join our Discord community to stay up to date and speak with the team directly.
Q: What is BankFi?
Q: What is a Unit?
Q: What is $BANK?
Q: How do I earn rewards?
Q: When are rewards distributed?
Q: How are protocol rewards divided?
Q: What is Genesis?
Q: Is there a vesting period for Units?
Q: Can I sell my Units?
Q: What is a Portfolio Rating?
Q: What is “Backed by BankFi”?