What is Swipe (SXP)?

Swipe is a utility based cryptocurrency designed to be the gas and fuel of the Swipe Network. Swipe Network refers to a decentralised finance application that allows end users to buy, sell and exchange cryptocurrency.
What is Swipe (SXP)?

Swipe (SXP) - the native cryptocurrency that powers the Swipe ecosystem of products and governs the decentralized protocols.

The Swipe (SXP) Token will be upgraded to a new v2 token contract to remove centralized control and enable all of the DeFi apps to be launched on the Swipe Network.
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Get Fees
& Discounts

Users may use SXP towards transaction fees on the Swipe ecosystem of products such as the Swipe Wallet and Swipe Card. SXP can also be used for discounts on fees.

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and Staking

SXP token holders have the ability to create proposals and vote for protocol changes on the Swipe Network. SXP can be bonded within the network to secure the protocol and receive staking rewards.

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& Payments

Swipe users can utilize SXP to pay at over 60 million merchants worldwide and transfer within the Ethereum & Binance blockchains.

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There are currently over 65 million SXP that are distributed to users worldwide out of a 300 million supply. The token economics have been designed where the total supply decreases over time as the network is utilized as part of the fees paid to the protocol are destroyed.