Manifold banking🏦: SAVE MANA RISK-FREE!
Table of contents
#️⃣Loans from the BANK
#️⃣Savings 🏦BANK
#️⃣Investors
#️⃣Dividend program
#️⃣Tools
#️⃣Roadmap
#️⃣TL:DR
#️⃣The terms
Quicklinks: 🏦BANK | Deposit Portal | ⓂMANA | 🦝RISK | 📖MAP and blog
Tools: Kelly criterion bet calculator
#️⃣Loans from the BANK
Loans are available again! To request a loan, please send me:
1. How much you want to borrow
2. Your RISK credit score
3. Your preferred interest rate.
We can then calculate the interest by T = P x (1 + I - (C/25000-0.01):
Where:
T= Total amount due
P = Principal
I = Our final interest rate (in decimal)
C = Credit score
Examples
A.
Principal = 1000M
Final interest rate = 8% (counts as 0.08 in the formula)
Credit score = 450
Amount due = 1000 x (1+0.08-(0.018-0.01)) = 1000 x (1.08-0.008) = 1000 x 1.072 = 1072M
B.
Principal = 500M
Final interest rate: 12% (counts as 0.12)
Credit score = 150
Amount due = 500 x (1.12-(-0.004)) = 500 x 1.124 = 562M
[NEW]
Daily loan packages: coming soon!
The three factors in a loan package are:
1. Amount of mana given daily
2. Time period of receipt
3. Interest rate (depending on the first two factors and RISK credit score)
Example
100 mana given daily for 1 month at a 12% interest rate, with 3360M paid back in 2 months.
How interest is calculated:
Conversion table:
The interest is then calculated by | (1 + I)*P |,
where I is interest and P is total amount loaned (principal).
Note: actual interest rates can vary from those shown in the table, due to RISK credit scores or other negotiations.
#️⃣Savings 🏦BANK
Bank savings system: coming soon!
We're currently allowing deposits. Current requirements:
At least 500 mana deposit
1% initial entry fee
At least 30% of your total net worth OUTSIDE the bank (in case we can't pay you)
Perks:
1.5% monthly interest
5% EARLY ADOPTER matching of your funds (If you deposit 10000 mana, we will match 500 for FREE)
Potential insurance from RISK (not done yet, coming soon).
Be an early adopter now! Join BANK!
Note: We are developing an app to deposit mana. Until then, you may deposit here.
App Details
On the domain bank.deno.dev, a simple returns calculator will be developed. This will include a basic deposits and returns calculator, along with advanced features such as maturity date options (which will be explained further). A deposit button will be provided, directing users to the bounty where they will complete their deposit. Once the deposit is made, RISKBOT, or an equivalent bot, will automatically check the balance log, deduct the entry fee (by applying a multiplier of 100/101), and record the transaction details onto a public ledger visible on the webpage.
Maturity:
Users will have the ability to set a specific maturity date, at which point they will receive their initial deposit plus returns. This process will be fully automated by the bot, with the maturity dates and associated details being displayed on the public ledger for full transparency.
#️⃣Investors
Contact: @100Anonymous
Investment
Our company sells private shares. To buy these, you can contact @100Anonymous and send a payment. These stocks represent ownership in our products (loans and banking systems). We may do a stock split in the future- private investors will be notified well in advance. We also plan to give investors a dividend on this stock.
📦 Valuation & Ownership
=====================
Total valuation = 50,000M
Total number of shares = 250,000
M0.2 per share
=====================
Current ownership:
65% or 165,000 shares -@100Anonymous, who will retain a majority
7.5% or 18,750 shares - @crowlsyong, our first investor.
4% or 10,000 shares - @Tumbles see here
1% or 2,500 shares - our public stock
2.5% or 6,250 shares - RISK
10% or 25,000 shares - @ng
10% or 25,000 shares - Reserved for private investors (@100Anonymous still owns it, but anyone can buy them).
How to invest:
Step 1: Reserve Shares
Confirm your investment intentions with @100Anonymous by sending a direct message.
Step 2: Send Mana
Send funds to @100Anonymous after the deal is confirmed.
Step 3: Get a Receipt & Record
You’ll receive a receipt.
Once payment is received, your shares are locked in.
Note: Please read The terms before investing.
Dividend funds
25% of the profits from BANK and 40% of the profits from MANA will go towards the dividend fund. These will be paid out to investors proportionate to their stake besides me (I take a fixed 10% cut on both BANK and MANA).
#️⃣Dividend program
All investors except me, including those investing in our stock, will receive a dividend proportional to their investment. These are the dividends given:
For the second quarter (Q2: April - June) of 2025, we will provide 15% of our profit as dividends, while I will take a 10% cut.
We will provide a 25% profit/dividend for all future quarters, and I will take 5% of the profits.
The dividend value must be at least 1 mana so we can pay you.
Roadmap
May 2025 ✅
✅ Start BANK service, and get the loan services moving.
✅ Set up a bounty as a ledger for bank payments.
✅ Get investors (public stock and @ng)
June 2025
✅ Get loans RISK-insured.
✅ Launch the dividend program.
Get 5 users
✅Start developing the UI and ideas for the app.
July 2025
Pay dividends
✅Set up a research group
✅Make suggestions and feedback form
✅MANA: market analysis agency (Secret project)
Milestones
✅Set up a loan and savings system
✅Get 1 user
Get 5 users
Develop app
✅ Get an investor
✅ Launch research branch
#️⃣TL: DR
I'm setting up a simple ledger-based savings system where users can deposit mana and gain 1.5% interest monthly. The minimum deposit amount is 500M, and to open a bank account, there is a 1% fee. Early adopters also get matched with 5% of the funds they deposit.
Now, my loan system is different. Anybody can take a loan. The interest rate is calculated using the formula on the dashboard. No, someone doesn't need a bank account to get a loan. However, the interest rate is reduced for those who do.
#️⃣Tools
We have developed a tool that allows you to size bets using the Kelly criterion. You can find the tools here:
Tools:
[NOT DEVELOPED YET] Optimal market liquidity tool
#️⃣The terms
While we aim to secure your funds to the best of our ability, we make no guarantees about anything. Any mana given to 🏦BANK and its affiliates could be lost forever. By using our services, you agree that you have read and understand this.
You must also adhere to Manifold's: Terms • Mana-only Terms • Privacy • Rules
