$BANK
Community Governance: Holders of BANK token can vote on proposals and decisions within the Bankless DAO.
Liquidity Provision: BANK can be used to provide liquidity on decentralized exchanges, allowing users to trade with low slippage.
Staking: Holders of BANK can stake their tokens to earn rewards, incentivizing long-term holding.
Platform Fees: BANK can be used to pay for services provided by the Bankless DAO platform, such as subscriptions to premium content.
Ecosystem Support: The Bankless DAO uses BANK to support other projects and initiatives in the wider DeFi ecosystem, creating a virtuous cycle of growth.

Membership:
Crypto enthusiasts and DeFi users interested in joining Bankless DAO, requiring 35k BANK to become members.

Community engagement:
Existing Bankless DAO members and supporters who hold BANK to participate in governance, decision-making, and community events.

Bankless DAO's value stems from ownership through social tokens. Members feel a strong sense of belonging, resulting in a vibrant ecosystem of content creators and consultants working towards financial sovereignty. Decentralized decision-making and contributions lead to valuable educational and investment services for decentralized finance. This is a compelling example of social tokens building powerful communities.

Value accrual to token:
The value capture for Bankless DAO is driven by its strong brand and community, in order to become part of this community there is a 35K $BANK requirement, and additional tiers which also require additional $BANK holdings. Aside from this governance rights for token holders and staking which incurs additional $BANK rewards are a form of value accrual 

Value accrual to the protocol:
Bankless DAO's treasury accrues value through revenue generated from its projects and services, which can be used to fund future initiatives and investments.

The business model for Bankless DAO:

Revenue comes from:
Community projects generate revenue, a portion of which feeds back to the treasury.
LP tokens are bonded by users, which earn treasury revenue through fees.

Revenue is denominated in: 
Stablecoins for community projects, and LP token assets for fees.

Revenue goes to: 
The treasury, funds community projects and provide rewards for BANK holders. A percentage (not specified) is used for community grants and funding.