Tokenomics
Last updated
Last updated
To facilitate seamless transactions, reward users, and support platform sustainability, $FPAY introduces a utility token that integrates within its financial ecosystem. Below is an overview of $FPAYโs tokenomics structure:
1. Token Details
Total Supply โ 69,000,000 $FPAY
Contract -
2. Token Utility and Use Cases ๐ณ 1. Transaction Fee Payment When users trade on the Flexible Pay platform, they can use $FPAY to pay transaction fees, enjoy discounts, and reduce transaction costs. โ
๐ 2. Staking and Rewards Users can stake $FPAY tokens to receive additional rewards and incentives, enhancing long-term user engagement with the platform. โ
๐ 3. Loyalty and Cashback Users who frequently use the platform to trade can receive token-based cashback rewards, increasing user loyalty and platform activity. โ
๐ณ๏ธ 4. Governance and Decision-making Users holding $FPAY have the right to vote on future platform upgrades and policies, and participate in the governance and decision-making process of the platform. โ Abstract | Flexible Pay
๐๏ธ 5. Merchant Payments Merchants can accept $FPAY as a payment method, reducing reliance on fiat currency, expanding payment channels, and improving transaction efficiency.โ
๐ 6. Cross-border transfers $FPAY tokens can be used to achieve cheaper and faster cross-border payments, reduce handling fees, and improve capital flow efficiency.
3. Token Distribution Model
Usage and Payment Rewards
40%
27,600,000
2,760,000
0
24 months
Used to reward users for consumption and payment
Eco-construction and Merchant Incentives
25%
17,250,000
1,725,000
0
24 months
Incentivize cooperative merchants and expand ecological partners
Team and Consultants
15%
10,350,000
0
12
24 months
Core team and consultant rewards
Strategic Reserves and Liquidity Support
10%
6,900,000
0
6
12 months (flexible release)
To cope with liquidity needs and market strategy reserves
Community and governance
10%
6,900,000
690,000
0
12โ18 months (governance decision)
Community construction, proposal support, governance incentives
Usage and payment rewards (40%)
Purpose: โIncentivize users to make payments and transactions on the platform and promote the practical application of tokens.
Practicality: โBy allocating a large number of tokens to reward active users, it helps to increase the transaction volume and user stickiness of the platform and promote the circulation of tokens in actual scenarios. โ
Ecological development and merchant incentives (25%)
Purpose: โSupport the platform's technology research and development, merchant access and ecological cooperation.
Practicality: โProvide incentives for merchants and partners, promote more merchants to join the platform, enrich payment scenarios, and enhance the competitiveness of the platform. โ
Team and consultants (15%)
Purpose: โIncentivize long-term investment by team members and consultants.
Practicality: By setting a lock-up period and a linear release mechanism, the interests of team members and consultants are ensured to be consistent with the long-term development of the platform, reducing the risk of short-term cashing out. โ
Strategic Reserve and Liquidity Support (10%) Purpose: To respond to market fluctuations and provide liquidity support.
Practicality: When the market fluctuates, strategic reserve tokens are used for market intervention, stabilizing token prices, and maintaining investor confidence. โ
Community and Governance (10%) Purpose: To encourage community participation and governance.
Practicality: By allocating tokens to community members, they are encouraged to participate in the governance and promotion of the platform, enhancing the cohesion and activity of the community. โ
Summary FPAY's token distribution plan has high practicality in ensuring platform operations, motivating users and merchants, supporting team development, and promoting community participation. Through a reasonable allocation ratio and release mechanism, it will contribute to the long-term stable development of the platform.