PayBox
  • Welcome
  • WHITEPAPER
    • Introduction
    • How it works
      • Payment Flow
      • Order Cancellation
      • Refund
      • P2P Service
        • Refunds
    • The Paybox Token
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  1. WHITEPAPER

The Paybox Token

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Last updated 3 years ago

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$PAYBOX is the governance token for paybox, and it's what drives the app. Holders of PAYBOX tokens unlock a variety of benefits when using Paybox, including discounts on in-app cryptocurrency purchases. PAYBOX holders can also participate in the governance of Paybox and can vote on Paybox update proposals, helping to shape the development of the app.

  • Buyer's get rewarded with $PAYBOX tokens.

  • When buyer request for a refund, they must use $PAYBOX tokens.

  • In case of a dispute between seller and buyer, $PAYBOX tokens are used as a deposit.

  • Community voters must use Paybox token to vote.

Token distribution