PayRue — Decentralized Crypto Platform and Multi Chain Wallet

Overview

One of the most recent and significant advances in the world of technology is Cryptocurrency. Cryptocurrencies can be an alternative to non-cash payment instruments that have considerable potential to reduce the growth rate of using cash, which is faster and more convenient. With cryptocurrency, these transactions can be carried out more easily, cheaply, secure, and quickly, both for consumers and businesses. Unfortunately, the growth of cryptocurrency in today’s society is generally designed for those who have deep technical and financial knowledge only. This is where project PayRue came into existence.

What is PayRue?

PayRue is a decentralized financial platform that operates exchanges, wallets, and transfers with cryptocurrencies. The mission is to support the mass adoption of cryptocurrencies with secure and user-friendly apps. PayRue is a platform for digital assets and virtual currencies. The company offers users the ability to exchange, transfer, store, and make payments with digital assets.

Services offered by PayRue

PayRue Dex

PayRue DEX is a hybrid exchange that gets the best of a decentralized exchange and the best from a centralized exchange, key features in this are:

Decentralized Wallets
Centralized Orderbook
Free of BNB gas charges for settle transactions — this means you DO NOT pay any BNB token gas to trade on PayRue DEX

PayRue Swap- Swap refers to exchanging one cryptocurrency you hold for the equivalent value of another cryptocurrency. PayRue Swap brings numerous benefits when compared to traditional financial services. PayRue Swap uses the AMM model to create liquidity pools of tokens that users can access to swap. Using 0x Protocol, we are now able to offer a complete decentralized and seamless easy option for users to create wallets, transfer, and swap any tokens.

Key features

Control of private keys
Multi-chain wallet
Instant Swap
Manage any tokens

PayRue Wallet

PayRue Wallet is your digital asset multichain wallet for transfers, swaps, staking, and NFT collectibles. With PayRue Wallet you are in control of your private keys, easy access to transfer and swap over multiple blockchains and manage multiple tokens easily direct from mobile.

Using the PayRue wallet will provide you with a safe, convenient, alternative way to store your funds. PayRue takes security extremely seriously with world-class standards to protect your funds at all times. PayRue is a wallet system that will be developed for fast, secure, and easy transactions on the ecosystem separate from the PayRue crypto trading platform.

PayRue Chat

PayRue Chat is a decentralized, community-driven, 100% secure, and private messaging app in the PayRue Platform that combines traditional end-to-end encryption (E2E) with a wide array of extra features massively enhancing users’ privacy and anonymity. A private chat room can be created among any user and is limited to 10 people. Direct messages between friends supporting iOS, Android, and web apps.

NFT Marketplace

All contents will be stored on the Blockchain, creating a secure and unique impression to the owner of the contents. NFT will be kept private since Blockchain is anonymous. Individuals will be able to post, sell, buy and collect NFT in a transparent, secure, and decentralized platform.

Propel Token
Propel is the native token of PayRue and its associated application. Propel was created to serve the PayRue members and users as a means of discount tokens and rewards incentives for using PayRue.

Token Information
Token Name: PayRue
Token Ticker: PROPEL
Network: Stellar
Total Supply: 10 Billion Propel

Token Utility

Governance allows holders of PROPEL to vote on key issues and strategies of PayRue, PayRue DEX, and PROPEL as a whole
Payments users can use PROPEL to pay for commissions inside PayRue
Staking users can stake PROPEL and earn rewards
Mining users that hold PROPEL can mine PROPEL by providing liquidity
Reward, PROPEL rewards users and community to stay engaged and build a stronger community

Staking PROPEL

Propel staking contract is designed to allow holders of Propel to stake a principal amount whilst collecting daily Propel rewards at a fixed rate of 100% APY. The staking contract length is fixed at 365 days for each new stake and the rate is fixed and guaranteed at 100% APY or 8.33% monthly APY

Conclusion

PayRue solution platform supports fast and easily online and offline payments, safe storage of cryptocurrencies, trading, and real-time market information. PROPEL Token is a digital currency that allows users to make purchases of cryptocurrencies and store them in wallets.