PayRue price is $0.00000233
| Market Rank | #6702 |
|---|---|
| Market Cap | $ 14.0K |
| Volume 24h | $ 1.6 |
| Circ. Supply | 6.0B |
| Total Supply | 8.0B |
| Max Supply | ? |
The current price of PayRue's PROPEL token stands at $ 0.00000233. In the last 24 hours, it has increased by +0.39%%.
PROPEL token is the native cryptocurrency of the PayRue platform, a multi-functional financial ecosystem focusing on providing crypto exchange, wallet, and transfer services. Operating on the Binance Smart Chain, PROPEL serves several pivotal roles, including being used for rewards, commissions, liquidity mining, and staking within PayRue's platforms and applications.
PayRue was established in London, the UK in 2018. The team behind PayRue started this platform with the vision of creating accessible financial services that leverage the benefits of blockchain technology and cryptocurrencies.
PROPEL is entrenched deeply within the PayRue ecosystem. As a governance token, it grants holders the right to vote, create proposals concerning the platform's future strategy, partnerships, and the utilization of PROPEL itself. Moreover, governance may extend to sharing in the revenue streams generated by PayRue's various applications. In essence, PROPEL fosters a user-empowered governance structure where token holders can have a say in the project's direction.
The uniqueness of PayRue's PROPEL token lies in its multifunctionality within the ecosystem. It is not just a currency but also an enabler for various aspects of the platform. From reduced commissions on the PayRue DEX to staking and liquidity mining opportunities, PROPEL tokens provide benefits across the platform. Its governance aspect is another distinctive feature, providing token holders with potential profit-sharing rights and a voice in the platform’s evolution.
PayRue categorizes its business into three primary areas:
PayRue Wallet: This service provides both centralized and decentralized wallet options supporting multiple cryptocurrencies, including BTC, ETH, and BSC tokens. The wallet is designed for ease of use in transferring and paying with cryptocurrencies, and it also integrates access to decentralized apps (dApps) and DeFi solutions.
PayRue DEX: PayRue operates a hybrid decentralized exchange on the Binance Smart Chain with a central order book and decentralized wallet access. It allows for both limit and market orders, and uniquely, there are no gas fees for using the exchange - this is included in the transaction fees already. PROPEL holders enjoy a discount on these market orders, while limit orders are commission-free.
PayRue Chat: This chat service supports text messages, voice, and video calls. It features both Public Authorised Chat rooms for content providers and private group chats. PROPEL can be used within PayRue Chat to pay for services, gain access, or receive rewards and rights.
As of now, the circulating supply of PROPEL tokens is 6.0B. There is a total supply of 8.0B tokens created on the Binance Smart Chain that indicates a finite amount of tokens available.
PROPEL token can be acquired on the where it is currently listed. As with any cryptocurrency, participants are encouraged to use official and reputable exchanges for transactions.
To keep your PROPEL tokens safe, it is recommended to use secure wallets, including PayRue's own wallets which are tailored to safeguard your assets. Always ensure strong, unique passwords, enable two-factor authentication (2FA) where available, and be wary of phishing attempts and dubious links. Digital asset security is a user's responsibility, and taking the necessary precautions is essential.
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