A decentralized method of handling digital assets is S-Wallet.
Scalable and environmentally sustainable platform using POS consensus
- Regular airdrop and bounty programs
- A USDT or USDC loan backed by wallet assets - Staking schemes that let users receive rewards
The application will operate over 4 blockchain networks and provide support for more than 100 nations. The S-Wallet app's multi-currency form, which enables it to support a variety of cryptocurrencies, is a crucial component in assuring its usability.
The core purpose of the S-Wallet application is to provide users with global access to financial transactions through a single platform that offers a high level of functionality, security, convenience, and overall user experience.
Technical functionality is number one.
The inherent security of the S-Wallet program, which is based on the storing of all data on servers employing cutting-edge security techniques, is what supports its technological functionality.
Tokens and funds stored by users on S-Wallet are protected from unauthorized access by being kept on a single address with restricted access. Additionally, 2FA protection techniques, including email, Telegram, Google Authenticator, and several other options, are provided to secure the security of the users' funds on the account. To establish a failsafe point of entry, it is not possible to simultaneously disable all of the provided functions. The wallet will become unavailable if at least two of the security measures are not active.
All tokens that are moved to users' wallets after being credited to the wallet are transferred to the company's secured wallets thanks to the centralized wallet's underlying mechanism. The tokens will be transferred to the addresses indicated by the users when users send an application for the withdrawal of monies from these wallets managed by the S-Wallet host firm.
Following the conclusion of the Public Sale, the SWP issuance mechanism will be used, and 10% of all native SWP tokens will be delivered to user addresses. Up until holders receive all of their tokens within 36 weeks, an additional 2.5 percent of SWP tokens will be distributed to their addresses every 7 days. The S-Wallet will incorporate the SWP staking Algorithm to give users access to the option of staking their native SWP tokens. Users will have the option to lock their tokens for any duration after the switch to the staking system. Tokens can be unlocked at any moment by users. Weekly rewards will be issued to users who lock their tokens, based on their respective share in the total pool of staking coins.
Users will have access to updates for all the coins saved in the S-Wallet thanks to the exchange algorithm. After receiving an application for an exchange, the wallet verifies the balance of the pool of coins it has received and, using the information it has stored, executes an exchange operation. The UniSwap and Pancake exchanges' turnover and market accessibility will increase with the addition of SWP tokens.