Jun 11, 2019 · 1 min read

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 with pairs of




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

Best Regards

Mikael Olofsson

CEO/Co-founder PayRue

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