PayRue launches Propel (PRL) on LATOKEN
Release date: 12th of June 2019
Dear PayRue users!
Today we launched the native reward token Propel (PRL) of PayRue and are happy to announce our first listing of Propel on LATOKEN on the 12th of June 2019 https://latoken.com/ with pairs of
PRL / ETH
PRL / BTC
PRL / USDT
Propel is Stellar Network based reward token for PayRue, 100 Propel is credited to the account of each KYC approved user of PayRue and can be used to pay commission on transfers and exchanges in PayRue with a 50% discount.
Transfers and Payments commission fee of 0.05% with Propel
Exchange crypto to crypto commission fee of 0.5% with Propel
Propel never did an ICO or IEO it was created to be completely aligned with business services and products of PayRue.
It is 10,000,000,000 (10bn) Propel created
Distribution account of 5bn will all be distributed to PayRue users
Reserve account of 3.5bn is held for future corporate deals and partnerships
Employee, Partners, and Advisers account of 1.5bn
PayRue will burn 25% of each Propel token received as commission each quarter.
User cases and features of services using Propel will be announced via our Twitter and Medium account, there is no public available roadmap but we will announce when they are live and ready to use.
More information on Propel you can find on https://payrue.com/propel.html