PayRue - A Decentralized Financial Platform

in #crypto3 years ago (edited)

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PayRue is a decentralized financial platform that supports wallets, exchanges, and transfers. Its purpose is to promote the mass adoption of cryptocurrencies through easy-to-use applications. Its native currency, PROPEL, is used for commission, liquidity mining, and rewards. With a total supply of 8 billion, PROPEL has an expected value of $3.65 billion in a few years. The platform is linked to other chains and balances them.PayRue has an ICO, but there is no need for investors to invest in the initial coin offering (ICO). The company has raised funds through crunchbase and is currently giving out free propel tokens to new users. It is available on the Playstore and in the Google Playstore. Moreover, it burns its tokens every first day of each quarter to keep its user base stable. However, the platform isn't yet ready for widespread use, so it can only be used by those with the proper credentials.Propel is the native token of PayRue, which is traded on Stellar-based decentralized exchanges.

Stellar blockchain network

Propel would be used for staking and rewards on the platform. Since the platform runs on a the tokens are used to cover transaction costs. They also use Propel to reward its loyal members. As of now, the project is in a beta-testing stage.During the initial launch, PayRue had no ICO. Instead, it raised funds through crunchbase. The Payrue project distributed the tokens for free to its users on sign-up, verification, and referrals. As of now, the platform is distributing 2000 propel to verified users. The project has a mobile app for iOS and Android that enables its users to send and receive money. Token burning events occur on the first day of each quarter.

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How to control Use & buy ?

The PayRue Wallet allows users to control their private keys. With this, users can transfer and receive cryptocurrencies. The system is decentralized and is based on the Ethereum Blockchain. Its primary objective is to facilitate mass adoption of cryptocurrencies. creating an account with a debit card. Once users create an account with the app, they can transfer funds to the PayRue Wallet. There is no fee to join the network. As long as you have a working PayPal account, you can use the app to transfer cryptocurrencies. Aside from that, the app also allows its users to borrow or lend cryptocurrencies.Another feature of the PayRue app is its lending/borrowing service. Users can lend or borrow major cryptocurrencies and get paid in the process. The lending/borrowing service allows users to loan or borrow a currency without paying a single penny. The lending/borrowing service is a great addition to the app, as it gives users access to their funds in any currency.

Propel is already listed in 4+ exchanges.
Contract: 0x9b44df3318972be845d83f961735609137c4c23c

Adoption of cryptocurrencies

The company's aim is to achieve mass.While the concept of decentralized finance is often framed as a part of the blockchain, it has a much broader scope. It isn't limited to the blockchain, but instead allows financial services to be provided wherever a user wants. The DeFi ecosystem is also built on public blockchains, which means it doesn't require a central authority to issue loans or collect fees. The concept of "decentralized finance" is not new, but it is still in its early stages.In general, the components of a DeFi system are similar to those of an existing financial ecosystem. In addition to stablecoins, there are lending services and crypto exchanges. Smart contracts, which are an integral part of a DeFi ecosystem, encode and protect the terms of services, and are an integral part of DeFi apps.

Governed by smart contracts

These systems provide more flexibility to consumers, allowing them to better control their money.A decentralized system has no central authority to approve transactions. It uses open-source technology and blockchains. The process of a payment is automated, and the payment system is transparent. The platform can also be used for payments and transfers. With the right protocol, users can make payments and receive money without a central authority. In a decentralized system, there are no intermediaries. The entire system is run by smart contracts, which are automated agreements between parties.

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More About Us:

WebPage Link: https://payrue.com/
Instagram Link: https://www.instagram.com/payrueofficial
FaceBook URL: https://www.facebook.com/payrue
Telegram Address: https://t.me/payrue_global
Forun.Payrue: https://forum.payrue.com/
Discord: https://discord.com/invite/6XR9v7Wydw
Github: https://github.com/payRueOrg
Twitter Link: https://twitter.com/pay_rue
Reddit : https://www.reddit.com/user/payrue

Writter:

Forum User Name: ChainFish
Profile of Forum User: https://bitcointalk.org/index.php?action=profile;u=2316030
TeleGram User Name: @chain_fish
[BEP-20] [BSC] Address: 0x7E769bf09d5Ae67559C7EA1FC1b0847A61BFF8AA