What is Payrue?
PayRue, a fully functional, fully decentralized platform with a focus on financial services through exchange operations, financial wallets, payments and transfers of cryptocurrencies with the aim of creating a secure means for Cryptocurrency usage and adoption through a simple and easy-to-use application.
One single platform for all secure financial services, PayRue offers its users the opportunity to use a unique decentralized exchange for trading- PROPEL DEX, the platform also offers a cryptocurrency wallet, the ability to make and receive payments using its mobile application (Android and IOS), web version and great liquidity features- Purchase of cryptocurrencies using a debit card.
PayRue owns a native token called “Propel” which is on the Stellar Blockchain and has submitted a proposal for a listing on Binance Dex which will reduce the migration of Propel Coin to Binance Chain. PayRue is a working platform and has been able to achieve all this without an IEO, ICO or any form of fundraising.
Payrue Wallet App Features :
Purse
Payrue is a wallet in its own right, and allows users to securely store move tokens and other cryptocurrencies until they need them to be used. The wallet supports multiple currencies from different blockchains and offers an SMS notification service that alerts users on every transaction in their account. The image above is a glimpse of the payrue wallet.
Exchange
The Payrue project operates two exchanges namely: Propel DEX and Payrue DEX . Both are hybrid exchanges with decentralized wallets (meaning they use extensions like meta masks), but with a centralized order book.
However, while Payrue DEX is built on the Ethereum Blockchain, Propel DEX is set on a stellar Blockchain network. The exchange allows users to exchange virtual currencies with each other at any time.
Salary Invoice
Another unique feature of the Payrue app is Payrue's invoicing service. This feature is very useful for freelancers. Pay Invoice is an invoicing service that allows freelancers everywhere to receive payments in cryptocurrency for work done. Without a doubt, this feature was implemented to bring about mass adoption of cryptocurrency which is the core mission of the project. This will save freelancers looking to earn cryptocurrency from the stress of having to manually convert their fiat income to crypto.
Borrow/borrow
The lending/lending service is a feature that allows users to lend or borrow major cryptocurrencies such as BTC and ETH at very low interest rates.
Stake
Pàyrue also outlines betting features on its platform to encourage and reward its token holders. Pàyrue bets will be made in boost tokens (PRPL) and the rewards will also be paid out in boost tokens.
Push
Like most blockchain projects, Payrue has its own native currency known as Propel (PRPL). The boost token is built on a stellar blockchain network. Propel's main use case is to cover transaction fees and trading fees in exchange payments. It is also a reward trust token which will be used to reward loyal members on the platform.
Propel is currently tradeable on the Latoken exchange with major pairs such as BTC, ETH, USDT, and XLM. It can also be exchanged currently on a Stellar-based decentralized exchange pending more exchanges and listings in the near future.
PayRue Wallet
PayRue Wallet is your digital asset wallet for transfers, swaps, staking and NFT collections
With PayRue Wallet you control your private keys, easy access to transfer and exchange multiple blockchains and manage multiple tokens easily right from your phone.
Multichain Wallet
Binance Smart Chain
Ethereum
Polygon
Phantom
Avalanche
Your own wallet for Crypto and NFT:
Trade any token on BSC, Ethereum and Polygon right from your phone
Bring Your NFT Collection Closer
Control your own private key
PayRue Exchanges & Wallets
PayRue Wallet is a multi-chain wallet
Manage your wallet
Instant Swap right from your phone
NFT Wallet
Connect with NFT Marketplaces
Hold any NFT in your wallet
Exchange NFT using WalletConnect
PROPEL TOKENOMICS
The propel token has a total supply of 10 billion. Of this amount, 50% (5 billion) is allocated for distribution to users at various points through registration, gifts, referrals, etc. 15% (1.5 billion) will be shared among project team members, while 35% (3.5 billion) will be reserved by the team for the general growth of the project in the future as well as for partnerships.
Payrue does not have an ICO/IEO, but raises funds through crunchbase for its projects. The tokens are mostly provided free of charge to users upon registration/verification as well as through referrals. The project is currently distributing 2000 propel to every verified user on their mobile app. Yes, that means you can pick up your 2000 drive now that you have downloaded and registered on their mobile app, and successfully completed the kyc verification. The mobile app can be found in the playstore as shown in the screenshot above.
Payrue has also scheduled a token burning event that will occur every first day of every quarter of the year.
Token Name and Symbol: Propel
Total supply: 10 billion
Stellar Blockchain Explorer Link: https://stellar.expert/explorer/public/asset/Propel-GAQ66FKC4YLWZEA2TWMKFB5I44ICSPOHEULJB7BLIOCGPDYEFSUZIORO?filter=asset-holders&order=desc
Listed Exchange: Stellar DEX.
Download Wallet :
Apple Store: https://apps.apple.com/gb/app/payrue/id1438508802
Google Play Store: https://play.google.com/store/apps/details?id=org.payrue.app&hl=en
Conclusion
PayRue is on a mission to drive cryptocurrency adoption and become a leading crypto payment gateway, what could be more glorious than that?
And with its functional financial features; operational wallets, decentralized exchanges, payments, all this without external financial assistance and fundraising make PayRue a great platform.
For More Information:
Website: https://payrue.com/
Twitter : https://twitter.com/pay_rue
Facebook : https://www.facebook.com/payrue
Telegram : https://t.me/payrue_global
Instagram : https://www.instagram.com/payrueofficial
Reddit: https://www.reddit.com/user/payrue
Payrue Wallet : https://wallet.payrue.com/
Coinmarketcap : https://coinmarketcap.com/currencies/payrue-propel/
Author : mairacute
Wallet PayRue : 0x37a6f0af2d95b3cee0a58c3afc36805f9a795b3e