Download & install the MetaMask wallet extension on a desktop browser like Chrome. You can store & manage your VPAY in this wallet.
Buy BNB
You can buy BNB within MetaMask by clicking the buy button. You need the BNB to pay transaction fees on Binance Smart Chain.
Swap For VPAY
Swap some of your BNB for VPAY. You can also swap any other token to VPAY. Just leave some BNB in your wallet to cover the gas fees.
Hold it!
You already own VPAY at this point, congratulations! All you have to now is hold it and watch your balance grow./p>
The future of secure Crypto payments is here.
VPAY is a Utility Token created for our DeFi payment platform. The holders can hold the token and earn reward fees. After our product development is complete by Q2 2023 the token will be used as a Utility Token on our payment platform.
NexevoPay customers would hold balance in VPAY to send and receive payments. The transaction fees will also be charged in VPAY and a specific % of the revenue collected from the transaction fees will be burned which will make the token deflationary.
Transaction volume on the payment platform will benefit the holders and they can also use their accumulated VPAY tokens on the payment platform to send and receive payments.
Tokenomics
Only 100 Million VPAY tokens will ever be minted.
For the 14% Core Team / Advisors & 16% Investors allocation the tokens will be locked for 1 year and released linearly over the next 2 years.
The 8% allocation for Operations & Marketing will be locked for 6 months and released linearly over the next 1 year to support our ongoing operational costs.
60% will be allocated for the Eco System / Community. These tokens will be released linearly over the next six (6) months after 31st July 2022. Remaining 1% is allocated for liquidity and 1% for charity.
Fees & Rewards
With each transaction (Sell & Transfer) a 3% transaction fee will be applied. 1% of it will be automatically distributed to the holders and 2% will be added to the liquidity out of which 1% will be sent to our marketing wallet & 1% will be used for BuyBack.
There is a 1% fee applied on transactions when holders are transferring tokens from PancakeSwap (Buying).
The buying fee has been kept to minimum since the token is primarily built for our Payment System and we aim to keep the transaction costs low for customers using VPAY to send and receive payments.
1%
Rewards
Distributed to the holders of VPAY to rewards them with passive income.
1%
Marketing
Sent to our development fund for marketing, utility development and staffing costs.
1%
Buy Back
Transferred into the Liquidity Pool and used for strategic BuyBack.
