☸️Utility Token

(BPAY)

Blockpay Network introduces its native utility token, BPAY, which plays a pivotal role within our ecosystem. BPAY serves not only as a medium of exchange but also as an integral component of our blockchain's functionality. It enhances community incentives, operational efficiency, and security across multiple services.

🔥 Gas Fees and Scarcity

BPAY's immediate and primary purpose is to cover the costs associated with using the network, commonly known as "gas fees". These fees will be systematically burned, creating scarcity and potentially increasing the value of BPAY over time.

🔋 Staking

BPAY holders can significantly reduce deposit fees on Blockpay Cards and transaction fees on BlockPOS by staking a certain amount of BPAY. The required staking amount is subject to recalibration over time, based on the token's value, ensuring that benefits align with the evolving economic landscape of the token.

🔗 Validation or Delegation

BPAY enables users to participate directly in network security and governance through validation or delegation. Users can operate a validator node with a minimum stake of 20,000 BPAY, or they can delegate their stake to an existing node with as little as 250 BPAY, earning a current annual percentage yield (APY) of 12%, which will adjust in response to the token's value and the company's growth.

💧 DeFi (Real Yield Liquidity Mining)

A standout feature of BPAY is its DeFi functionalities, particularly through the "Real Yield Liquidity Mining" program. This program allows token holders to earn returns on the fees generated by Blockpay services. Returns are distributed directly in AVAX or USDT to those providing liquidity using a staked version of the token (SBPAY). The program is designed to stabilize liquidity pools, ensuring smoother transactions and enhancing benefits across the platform.