LONDON, July 10,
2024 /PRNewswire/ -- Wirex Pay, a cutting-edge
decentralized payment network incubated by the
globally recognized Wirex platform, is excited to announce the
tokenomics for its upcoming WPAY token. As the mainnet launch
approaches in the coming weeks, Wirex Pay is unveiling the
innovative structure and significant earning potential of WPAY.
Key Highlights of WPAY Tokenomics:
- Token Ticker: WPAY
- Token Type: ERC-20
- Total Supply: Fixed at 10,000,000,000 tokens
- Node Rewards: 20% of $WPAY supply allocated for
node operators, with an additional up to 40% revenue share.
Innovation at the Core
Wirex Pay is designed to bridge the gap between traditional
finance and Web3, providing seamless, gasless, and on-chain payment
solutions. The WPAY token will be integral to the network's
governance, allowing holders to participate in the Wirex Pay DAO,
stake tokens for rewards, and influence network decisions.
Node Sale and Rewards
Node operators will be the first to receive WPAY tokens,
ensuring their crucial role in the network's early stages. This
strategic approach is aimed at fostering community participation
and enhancing the decentralization of Wirex Pay.
"We are thrilled to reveal the tokenomics of $WPAY, marking a
significant milestone as we approach our mainnet launch," said
Pavel Matveev, co-founder of Wirex
Pay. "$WPAY is not just a token; it represents our commitment to a
decentralized, community-driven payment network."
Upcoming Milestones
- Mainnet Launch: Scheduled for mid-July, with early
access to the Wirex Pay decentralized
application.
- Whitelist Sale: Begins post-mainnet launch,
providing users with the opportunity to acquire nodes at favorable
tier prices.
- Public Sale: Opens shortly after the whitelist
sale, allowing broader participation in the node sale.
Wirex Pay's comprehensive tokenomics and innovative payment
infrastructure promise a new era of practical
cryptocurrency usage beyond mere investment. Join us
as we revolutionize the future of payments with $WPAY.
For more information, visit Wirex Pay Website.
About Wirex
Wirex is a prominent UK-based digital payments platform with
over 6 million customers spread across 130 countries. It offers
secure accounts, making it easy for users to store, purchase, and
exchange multiple currencies seamlessly. As a principal
member of both Visa and Mastercard, Wirex goes beyond traditional
services, embracing the evolving trends of Web3 to provide
mainstream access to digital finance and wealth management. Having
processed transactions totalling $20
billion, Wirex aims to contribute to the adoption of a
cashless society by facilitating straightforward transactions in
various currencies worldwide. Wirex is simplifying digital
payments, making it more accessible and convenient for people
across the globe.
|wirexapp.com |
About Wirex Pay
Wirex Pay is a pioneering modular payment chain, incubated by
Wirex and powered by Polygon's advanced Zero Knowledge (ZK)
technology. This innovative platform seamlessly integrates
traditional finance with blockchain, providing a
decentralized, gasless, and on-chain payment
infrastructure. Wirex Pay enables users to make instant, secure
payments using a wide range of cryptocurrencies, all
while maintaining full control over their assets.
| wirexpaychain.com |
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SOURCE Wirex