Lol I have 20/20 vision and Ik that I was adding just saying about my roasting skills yo. Lol who is Sabbath XD
1) unlike the previous bank, it storages will be situated on different islands, so in case of anything bad happens to me, you'll still be able to get your stuff back. 2) income from the interest will be strictly fixated, the clients won't get more or less than they should (ex: my first client deposited 64 diamonds the first day and we managed to double his wealth in 1 day, what did not follow the contract). this should make the bank long-living. 3) terms & services of bank will be re-written.
here's the story: during the summer 2015, I have launched the first ever skyblock bank. there were two available services at that time: deposit account and personal rares' merchant. the deposit account worked almost like in real life: the bank employees used clients' diamonds and grass in order to make decent profit and increased the sum on clients' accounts by 4% daily. for example, if you have deposited 100 diamonds into the bank in the beggining of August, you would get 124 diamonds profit by the end of it. the rares' merchant title says for itself: the bank will sell your rares for the reasonable price set by the client. for performing that, the bank will take a small fee every sale. why did it exist? the bank existed as it attracted fair amount of profit to bank (100-200 diamonds monthly) and satisfied clients' interests. overall, the idea of bank is great. after my death, many people have launched their own skyblock banks, but did not attract much attention as you could only make grass deposits in majority of them.
the fee for deposit service consists from the amount of diamonds that exceed the daily increase on account.