Cashaa - Banking a Global Crypto Economy

in cashaa •  3 years ago 

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Cashaa started as a project to bank the under-banked crypto community. We began banking the crypto projects around the same time when Barclays shut down Coinbase bank accounts. Since then we have never looked back, onboarded hundreds of crypto businesses and enabled their Banking. We also won multiple awards by KPMG, Entrepreneur, BBVA (Spain’s second-largest bank), Money 2020, and many others for our work in the banking and fintech sector.

After becoming a trusted brand in B2B banking and showing to the world we are capable of delivering a high risk banking platform for business. Now our goal is to increase the adoption of the CAS token and that's what the coming years are all about. Soon we are releasing our personal banking with the utility of CAS but that is not all.

This whitepaper is the addition of the services which were not part of the Cashaa
whitepaper but we are adding into our roadmap to bring better utility and liquidity of CAS tokens.

After months of hard work and brainstorming with our partners, compliance, and regulated entities, we are ready to release phase-wise products under our decentralised finance initiative “Cashaa Fi”. To make sure we are building products which are the right market fit, we have partnered with multiple protocols to build a unique DeFi ecosystem that will be in high demand by decentralised protocols and marketplaces.

  1. Cashaa Bridge: The Cashaa ecosystem is powered by its native, primarily BEP-2 CAS tokens. To enable compatibility on as many chains as possible, we are building a decentralised Bridge which will allow CAS holders to convert their CAS tokens from one chain to another. This will remove the dependence of centralized wallets for those who prefer the control of their private keys and will be able to cross chains using their Metamask or Trust wallet, for example. We will begin with the BSC-Polygon Bridge in the first phase and then keep adding more such bridges. This will increase the “composability” of CAS tokens across different networks and chains, enabling us to explore staking, LP, lending and other such DeFi tie-up opportunities across chains, similar to our project with Polygon. This will also help familiarize the trading/”holding” communities in those networks with the power of CAS, driving demand multi-fold.

  2. CAS staking on Polygon: Along with enabling the free movement of CAS tokens from Binance to Polygon (and vice versa), we will be coming up with decentralized CAS staking on Polygon. This will bring many short-term and long-term benefits to CAS. The APR will be much higher than the APR available from the existing centralized CAS staking. The CAS stakers will also get MATIC tokens as part of their rewards, apart from CAS tokens. This will enable our CAS community members to explore the myriad opportunities available in the much larger Polygon ecosystem. The high APR as well as already planned marketing help from Polygon, will also help attract the Polygon trading/”holding” community to the potential of CAS staking, thereby increasing our community of evangelists, apart from driving demand for CAS tokens. Accelerated demand paired with increase in staking will suck out the supply of CAS tokens in circulation and drive
    “positive price action”.

  3. Cashaa Fi NFT Fiat API (for MarketPlace and Protocols)
    NFT and Meme tokens are the next big thing in the crypto industry. It attracted heavy lifters like Mark Cuban, Elon Musk, sports celebrities, and public leaders in crypto which increased the exposure of the crypto to audiences who were
    previously unaware of it. But the adoption is hindered due to complexity involved in buying and selling at a decentralised marketplace. This API solution will enable the existing NFT marketplaces, DeFi exchanges, and protocols to accept payment in Fiat currencies such as USD, EURO, GBP and INR.
    This will enable our partners to truly bring NFT and DeFi to the masses, by providing this Fiat on-ramp for marketplaces like OpenSea, Rarible, Etherinity, etc. Total M2 Fiat-denominated money supply in the world stands at close to $100 Trillion while the crypto market cap stands at a measly $1.5 Trillion. This shows the aforementioned game-changing potential of connecting NFT and DeFi marketplaces to Fiat. The API will enable payment using CAS in these marketplaces, thereby bringing additional utility to CAS.

  4. Cashaa NFT Vault: NFT purchase through the Cashaa Fi NFT Fiat API or “Pay by Cashaa” will simplify the payment option for the average users but also automatically store his purchase NFT in Cashaa NFT Vault.

  5. Earn Product: Rise of Defi created multiple opportunities and one of them is creating passive income on crypto. Cashaa being the fav banking partner of multiple crypto projects we are now bringing the safer opportunity for Business
    and Personal users to get interest on their deposits. We will be launching a Fixed deposit Interest earning product to help your long-term crypto holdings grow, making your crypto work for you, without having to spend time and energy looking for yields in the “wild wild west” of yield farming. Deposit your BTC, ETH, BNB, USDT or CAS and earn fixed interests on it either in kind or in CAS (2% more).
    Wait, why to stop only at crypto users will also be able to get interest on their EUR, USD, GBP and other fiat currencies they will hold in Cashaa wallet and earn upto 8% annually.

  6. Lending - As crypto adoption is going mainstream and crypto is recognised as an asset class we decide to come into lending business, where we can leverage our network to lend users Fiat against their crypto holding.

This section can be expanded using Nexo or Celcius business model

What we can add on top of Nexo and Celcius.

Not only this, if you are a CAS token holder it will enable interest free loans for consumer goods against your crypto collateral. Users will have an option to choose to spend the money they borrowed from Cashaa in any of our 3000 plus brands without any interest.

How its will work:

  1. Users deposit crypto for collateral
  2. Select the brand where they want to spend their money
  3. Select the Loan duration
  4. System will show the max period for which they can take a loan without any interest.
  5. Select the terms and conditions.
  6. System will generate a voucher for the brand where they want to spend the money
  7. Users can go to the online or offline store of the brand and complete the shopping.
  8. When users want to close the loan simply deposit the loan amount and close the loan.

Awards

Cashaa has also won multiple awards by KPMG, Entrepreneur, BBVA (Spain’s second-largest bank), Money 2020, and many others for our work in the banking and fintech sector.

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Cashaa Products

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CAS Features

The CAS token powers the Cashaa ecosystem and has multiple use cases:
Staking, Earning, Borrowing, Transaction Fees, Interest-Free Loans, and much more.

  • Stake
    Account and Bank Card: Higher cash deposit and withdrawals and higher cashback, interest-free consumer loans. Defi Staking with higher APY.
  • Earn
    Earn your monthly interest in CAS at rates of up to 33% more.
  • Borrow
    Get up to 33% discounts on all your interest payments.
  • Transact
    Get up to 33 % discount by paying in CAS.

Speedy Onboarding (Only for Business)
Pay a due diligence fee to get a 25% discount and priority onboarding.

  • Unicas (Cashaa’s Physical Branches in India)

  • Unicas DSA Onboarding can only be paid in CAS

  • Unicas Branch Security can only be paid in CAS

  • CAS Token:
    The utility token that will power the Cashaa ecosystem.

Total Supply: 1 Billion

CAS is a BEP-2 x BEP-20 Cross chain token.

BEP-2 Address: https://explorer.binance.org/asset/CAS-167
BEP-20 Address: https://bscscan.com/token/0x780207b8c0fdc32cf60e957415bfa1f2d4d9718c
Binance CAS Address: bnb1xkw2sagpx6t0cmwzapxpv94tupvqk7tpgy72ku

➖➖➖➖➖➖➖➖➖➖

Exchanges:

Official

Unofficial:

INFO

CASHAA SOCIAL MEDIA

Username : pijayplow93
Profile : https://bitcointalk.org/index.php?action=profile;u=2750501
BSC(BEP20) Wallet address : 0xE42555f44ff0d1f38C56540b3FFA4428734dD775

cashaa cas unicas kucoin betterthanbank
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