$NOVO Whitepaper
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  • 💎NOVOOS
    • Novoos Pitch Deck
    • $NOVO Introduction
      • Novoos Ecosystem
    • $NOVO Rewards
    • $NOVO Staking
    • $NOVO Jackpots
    • $NOVO Branches
    • $NOVO NFT Collections
    • $NOVO Roadmap
    • $NOVO Refer & Earn
  • 🔏$NOVO Ameliorative Contract
    • The NAC
    • An overview
    • NAC Considerations
  • 🌟IMPLEMENTATIONS
    • 💡$NOVO Allowance fund
    • 🏛️The $NOVO Bank
    • 🎆Novoos Mariana Trench
    • 💰$NOVO Auto-Liquidity Jet Protocol
    • 💸Futuristic Compounding Protocol
  • 📝ISSUES & SOLUTIONS
    • Current Common Issues
    • NovoPad Solutions
  • 🚀Novoos Distribution
    • Allocation & Distribution
    • Distribution Reasoning
    • Distribution Chart
    • Break Down
    • Vesting & Locks
  • 📄ADDITIONAL INFO
    • 💠Novoos General
    • 📈Novonomics
  • ✴️$NOVO Crypto's
    • $wNOVO
    • $oNOVO
  • 🪙NovoPad
    • Next Gen Launchpad
      • Is NovoPad safe?
    • Web3 AI KYC
      • KYC For Everyone
      • Affordable & Compliant
      • KYC On NovoPad
      • AI KYC Guidelines
      • Acquiring Novoos KYC
      • AI KYC Process
    • NovoPad vs Others
    • Is NovoPad safe?
    • Investor Insurance & Reward Fund
    • Security & Research
    • Blacklists
    • Social Analysis Portal
    • The NovoPad Advantage
    • Rankings
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    • Anti-Bot
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    • NovoPad Fees
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    • Special Tiers
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      • NovoPad Imitations
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    • Contributions
    • NovoPad Listings Tabs
  • 💰NovoPad Referrals
    • Refer & Earn
  • 🥇NOVOOS ADVANTAGES
    • $NOVO vs Competition
    • Definitions and Resources
  • 🌑$NOVO Ecosystem
    • What are we doing?
    • BUSD earn dapp
    • Auto-staking dapp
    • NovoPad
    • NFT Marketplace
    • Gamification
  • 💪Novoos Team
    • $NOVO Team
  • 👥PARTNERS
    • Partnerships
    • Novoos Partner List
  • 🔏Safety Nets
    • Audits
    • KYC's
    • LP Lock
    • Contracts
  • 🔦SECURITY CHECKS
    • $NOVO Safety
    • Your Safety
    • Reporting TG Scams
    • What Is Scraping?
  • 💸Buying $NOVO
    • Poocoin
    • Pancakeswap
    • Exchange Listings
    • Official Listings
  • 💻Socials & Links
    • ⚡$NOVO Socials
    • 📧Contact $NOVO
    • 👾All dApps
  • 🆘Help & Support
    • ❓Questions?
    • ❔$NOVO Troubleshooter
    • 💡Suggestions & Ideas
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  1. IMPLEMENTATIONS

The $NOVO Bank

Novoos bank

Previous$NOVO Allowance fundNextNovoos Mariana Trench

Last updated 2 years ago

These fees are forwarded to the TNB which in return supports the NAF by providing funds for $NOVO marketing and all its development for the ecosystem.

Novoos has implemented a bank as it is vital to the operation of the contract and the system of auto-staking and provides several functionalities which are equally important in value for the success of Novoos.

The floor price is quite important and this has adverse effects on various components for projects.

Some do not survive once a chart is irrecoverable, this is where the TNB comes into play and provides support to the $NOVO allowance fund in case of heavy price fall.

As with any ecosystem, $NOVO will also use the funds to better improve marketing, current and future product development alike and in return benefit all holders of the Novoos community.

The $NOVO Bank address can be found below:

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NBA - BSC Explorer
Providing sustainability and assurance of growth & stability