Economics - Land Bank
Last updated
Last updated
Behind Districts, there is unique economics referred to as the “Land Bank.” The Land Bank is a digital-native DeFi primitive introduced as part of the Districts LandRush. The Land Bank is set up so that when buying land in Districts, you are not only claiming a piece of the digital world, but you are contributing to the entire economic prosperity of Districts society.
The Land Bank supports every piece of land claimed in Districts by collecting a percentage of land transactions. These ongoing fees enable the Land Bank to expand and adapt alongside activities within Districts, ensuring it can consistently accept returned land at any time.