Token Utility
$PAYW: Secure, Transparent, and Rewarding
$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. |
Last updated