Most Innovative DeFi Platform Utility Token VPAY Launches on PancakeSwap

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(ProNewsReport Editorial): – Atlanta, Georgia July 30, 2022 (Issuewire.com) – One of the most innovative tokens in the industry, VPAY, a utility token created for a DeFi payment platform is now listed on the most popular decentralized exchange PancakeSwap after a successful private sale round. Many investors and the community have shown their massive support for the project by supporting them on social media and buying a significant number of tokens.

Users can now trade and buy $VPAY tokens within the Binance Smart Chain ecosystem via PancakeSwap. PancakeSwap is one of the best-known exchanges that offers a hassle-free experience with a simple interface designed to accommodate features like swap, staking, and bridging assets. There is no minimum or maximum purchase required to buy $VPAY as long as there are enough BNB in ​​the wallet to cover the transaction fees.

Crypto enthusiasts can buy $VPAY by exchanging BNB for the token on PancakeSwap using this contract address:

Registration date: July 30 16:00 UTC

Official contract address for $VPAY on BSC: 0x64d32C56C536bC495EdEA2da40C1C3bEccD87419

Buy on PancakeSwap

Visit: https://pancakeswap.finance/swap

Enter the VPAY contract in the token purchase address

Set your slip above 3%

Click “Buy”

Tokenomics

VPAY is a utility token created for Nexevo Pay, a Defi payment platform that makes buying and selling using Crypto safer and more secure.

VPAY redistributes 1% of each transaction to all holders as rewards in their VPAY wallets. This is a pure advantage for $VPAY holders.

For each transaction (Sell & Transfer) a 3% fee is applied. 1% is automatically distributed to holders and 2% is added to PancakeSwap liquidity of which 1% is sent to the marketing portfolio and 1% used for strategic redemptions.

A 1% fee is applied when holders transfer tokens from PancakeSwap (purchase).

Purchase fees have been kept to a minimum as the token is primarily designed for the DeFi payment system and the company aims to keep transaction costs low for customers using VPAY to send and receive payments.

Allocation of tokens

Only 100 million VPAY tokens will ever be minted.

The Nexevo Pay team has cleverly segmented its Tokenecomics to make them more resilient to market fluctuations. At the time of its debut, the token allocation is 14% Core Team / Advisors & 16% Investors allocation. These tokens will be locked for 1 year and released linearly over the next 2 years.

8% is allocated to operations and marketing, which will be locked in for 6 months and released on a linear basis over the next year to support the ongoing operational costs of the project.

60% is allocated to the Eco System / Community. These tokens will be released linearly over the next six (6) months after July 31, 2022 in a series of reward campaigns. The remaining 1% is allocated to cash and 1% to charity.

About Nexevo Pay

Launched in 2022, Nexevo Pay’s DeFi payment system enables individuals and businesses to securely process crypto payments by leveraging blockchain technology using escrow smart contracts.

The co-founder of Nexevo Pay told the press that he was inspired to start the project when he fell victim to Crypto payment fraud. Over 46,000 people have lost money to Crypto payment fraud since the start of 2021 and his vision is to change the way people pay for goods and services using Crypto.

“I saw an entrepreneur with a vision to change and help the community,” said Joseph Tan, one of the early investors.

Another investor added, “We see a potential target market worth billions in revenue, especially online merchants who would need this service.”

The enthusiasm with which investors contributed to its pre-sale and the dedication of Nexevo Pay’s dedicated and knowledgeable team of engineers indicate that VPAY will be the next market leader in the crypto world.

About PancakeSwap

PancakeSwap has the most users of any decentralized platform. And these users now entrust the platform with more than $11 billion in funds. Users can trade any token on Binance Smart Chain in seconds, simply by connecting your wallet. PancakeSwap makes your crypto work easier for you.

Useful links

Website: https://nexevopay.com/
VPAY token: https://nexevopay.com/token
Twitter: https://twitter.com/NexevoPay
Facebook: https://www.facebook.com/nexevopay
Telegram: https://t.me/Nexevo

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