Token Utility
$PAYW: Secure, Transparent, and Rewarding
Last updated
$PAYW: Secure, Transparent, and Rewarding
Last updated
$PAY token resides on the ERC20 blockchain and is paired with $ETH. It is designed to support and enhance the Payway ecosystem, providing a seamless and secure method for engaging with our platform's services.
The $PAY token is the core of the PayWay ecosystem, providing value and benefits to users across various services. Holding and using $PAY tokens unlocks multiple features, rewards, and enhanced services within the PayWay platform. Below is a detailed breakdown of the $PAY token's utilities:
Utility | Description | Benefits |
---|---|---|
Auto-Staking
Hold $PAY tokens in your PayWay Wallet to earn passive income through auto-staking, with no lock-up.
Earn automatic staking rewards while keeping funds liquid.
Cashback on Purchases
Use the PayWay Visa Card to earn $PAY tokens as cashback for every transaction.
Earn rewards on daily spending, increasing with usage.
Fee Reduction
Use $PAY tokens to reduce fees on token swaps, transactions, and other services within the PayWay platform.
Lower transaction and service fees within the ecosystem.
Exclusive Access
Holding a certain amount of $PAY tokens grants access to higher tiers, unlocking additional benefits.
Access to premium features such as higher cashback rates.
Governance Rights
$PAY token holders can participate in the governance of the PayWay ecosystem through voting mechanisms.
Influence platform decisions and future developments.
Liquidity Provision
Provide liquidity in supported pools using $PAY tokens and earn rewards through liquidity mining programs.
Earn additional rewards for supporting PayWay liquidity.
Referral Bonuses
Earn extra $PAY tokens by referring others to use PayWay services and products.
Additional rewards for growing the PayWay community.
Payment and Transactions
$PAY tokens can be used for making crypto transactions within the PayWay ecosystem.
Convenient and fast transactions within PayWay.