The Banana Company, is a meme based token on ICP that was fairly launched on Fomowell.com

The Banana Company trades on ICP under the ticker ($nanas). Nanas was created to test web3 ICRC1 token standards during app development stages. When $nanas successfully welled  on Fomowell on August 13, 2024 a blackhole liquidity pool was created on ICPEx, pairing $nanas/ICP. Overtime and with community engagement the banana found a warm place to call home on ICP with now having over 3,000 different wallets holding some bananas.

Overtime, larger amounts of $nanas on Fomowells website will be welled out. This creates a main blackhole LP that $nanas will be backed by. So when ICP pumps, than so will $nanas on Fomowell. This gives the ability for folks to create pools on other Dexes on ICP to benefit from by artbitradge. $Nanas is already availble on Kongswap & ICPSwap.

Our vision for The Banana Company is to build community, engagement and expose our ICP applications to the ecosystem.

We want bananas to be backed by multiple tokens overtime & give ICP fans access to a deflationary token.  ICP brings a multi-chain experience & we will be embarking on an Ethereum journey to grab staking rewards from Uniswap & back it to $nanas.

Overtime through LP distribution and setup, we hope to have bananas on ICP backed by GLDT, ICP, USDT, UNI & other popular tokens on the IC like BOB, SNEED & TacoDAO.

$nanas was one of the first few tokens to beta test SneedLock v2. Our Bananas are also distributed through RLL to all SNEED DAO members with a staked neuron.

We currently match the active members holding $nanas to enter our prizeroom on Openchat & Sneedlock it for a week. It relocks every Friday after checking active members. As The Banana Company grows in members, more $nanas is locked away. Once SneedDAO allows for long term duration locks, we will be maximizing the amount of time tokens remain locked for. 🍌🦍