| Author | Banks |
|---|
I guess many people might have posted about this idea before but I would like to post my ideas on how to make this feature a part of the game.
OVERVIEW:
A single bank will be available in the whole game. It will appear under public services in only any one location of the map (as decided by the administrators). Players would be able to access the bank facilities only when they are on that particular location on the map where the bank is located.
FUNCTIONS:
The main functions of the bank will be to store the gold provided by the players and to provide a steady fixed interest for it. It will also provide loans to needy players at a very low interest rate.
Any player can deposit or withdraw gold to or from the bank. This can be done only once in 24 hours. The player depositing the gold will get a fixed interest rate of 0.2% on their deposited gold once every 24 hours. In case the player withdraws any amount of gold within this 24 hour interval, the player will receive the interest rate only on the left amount deposited in the bank. Similarly, if they deposit gold within the 24 hours, they'll get interest gold according to the previous gold in their bank account.
Since the bank will get its necessary funds from the gold deposited by the players, the bank will also provide loans to the needy players. The players can take a loan anytime from the bank provided that the previous loan amounts along with the interest amount is returned. This interest rate would be 0.5% of the total loan amount. This loan amount has to be returned with the interest amount within 30 days of taking loan or else the player will be fined double the amount or blocked in extreme cases. The maximum loan limit each time would be 10k*current combat level. This loan feature is available only to players above CL 5.
NOTE: If the interest rate is in decimal in any case, it will always be rounded down.
This will help to keep the Lords population strong since most players leave the game due to a financial problem in the game.
All suggestions are warmly welcome. |
+1
We will have to decide how much gold each player will be able to deposit arcording to lv otherwise the rich will get richer to fast |
| -1 |
We will have to decide how much gold each player will be able to deposit arcording to lv otherwise the rich will get richer to fast
0.2% doesn't increase much |
| lol if people deposit 1m they will get 2000 a day for doing nothing |
lol if people deposit 1m they will get 2000 a day for doing nothing
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Actually, that would be 20,000 gold a day. ^^ Also, you have to think about compound interest so the interest rate will keep increasing. |
| make interest rate 0.002% =p |
The main functions of the bank will be to store the gold provided by the players and to provide a steady fixed interest for it.
Why? The Empire already gives steady gold every hour for free provided that you're online.
It will also provide loans to needy players at a very low interest rate.
What about clans? Friends? |
Actually, that would be 20,000 gold a day. ^^ Also, you have to think about compound interest so the interest rate will keep increasing.
It is 2000 gold. I guess there could be a limit of deposit which will be proportional to the CL. |
0.2% of interest per day is WAY to much compared to the 0.5% per month of the loan.
I could ask for a 100K loan and place them in the bank for 30 days.
The bank will give me 6K back and I will only have to pay 500 for the loan ...
==>> 5500 profit with 0 investment |
| for Pablorenzo: you cannot get any interest from the bank till you return all loans with the interest. |
It is 2000 gold
Oh, you're right. Clearly my math skills are not the best. |
| anything that gives players interest -1 |
idea is not bad but only winners are who have got much golds...
-1 |
-1
i bet it will never be implemented :) |
| -1 |
People will just abuse loans and be even poorer...
Only rich ones will benefit from this |
Your idea equals to +107.35% interest rate per year on deposits and -6,16% on loans. Besides the fact that it scrambles the whole laborer guild system and is much more profitable than estates, how would such a bank work?
Which bank would give more money for deposits that it earns for interests on loans? Where would the gold come from?
What would happen if you dont pay loan back?
What would happen if you create 30 accounts, loan gold, bet on roulette, and after winning with one of these accounts deposit gold and earn interest?
Many negative points are popping in my head about this but the main is the administration doesnt want consolidation of gold in hands of few players. So the bank is highly unprobable idea to be implemented, even with adjusted interest rates that would work based on demand/supply of gold + bank management prices (like in the real world +/- conspiration theory or two) |
| as omega just said there are a lot of problems with this idea. Its nice for those of us who want to just stick some money in the bank and make gold while we go on a nice vacation but the interest rates you propose are all messed up. the way you have it set up, gold would be limited for the people trying to get loans because of the fact that everyone would want a loan with close to no interest, and so the demand is very high but because the bank is paying out so much interest to those who invested in it and not making any money off of the people who it gives loans out to it would in turn run the bank along with the economy to the ground. this idea would be somewhat better if the interest rates were swiched around so that the proposed interest rate for the invester was swiched with that of the borrower and vice versa. I hope all of this made sense, not sure if it did... anyways id have to give -1 to this idea although the idea of banking up a bunch of money and going about my business while making more does sound appealing. |
