S-WALLET ECOSYSTEM/PLATFORM
The S-Wallet is a specialized online wallet that allows each user to store any asset they need in a unified repository without the need to pass different registration stages, maintain numerous accounts, or remember a host of access codes.
S-Wallet is a decentralized solution for managing digital assets.
Eco-friendly and scalable platform through POS consensus. It has:
- Regular bounty and airdrop programs
- Loan in USDT / USDC secured by assets in the wallet
- Staking programs that allow users to earn rewards
The application will have support coverage of over 100 countries and will be operational across 4 blockchain networks. A vital factor ensuring the usability of the S-Wallet application is its multi-currency form, which will allow it to support numerous cryptocurrencies.
The essence of the S-Wallet application is making financial transactions around the world accessible to users within the framework of a single platform that will boast a high degree of functionality, security, convenience and overall user experience.
SWP mission:
1) To create an innovative and secure financial ecosystem that guarantees full availability and transparency of transactions with the participation of fiat and crypto assets to solve daily problems.
2) To provide the ability to gain complete control over payments and reach a new generation of shoppers for all businesses that use S-Wallet for business for corporate purposes.
What makes S-Wallet different from others:
1. Speed
2. Loyalty
3. Versatility
4. Banking system
5. Support
6. Multilingual
HOW DOES IT WORK?
➡️➡️Loan
About Loan: in this aspect, :
1 The borrower gives assets against collateral
2 Assets fall into the Loan Pool
3 Checking the availability of USDT/USDC
4 Transfer of assets to Cold Store
5 USDT/USDC is credited from the Loan Pool to the user's balance
6 The commission for the operation is sent to the Reward Pool
➡️➡️Staking Reward:here
1 The investor sends his assets to stacking
2 Locking assets in a smart contract
3 Locked assets generate APY
4 APY in the form of reward is credited to the user's balance
5 Accrual of deposit and income from stacking to the balance
6 The commission for the operation is sent to the Reward Pool
➡️➡️Lending Platform: Here
1 The lender creates a deposit
2 Funds are transferred to the Landing Platform
3 The borrower transfers assets to the deposit
4 Landing Platform charges funds to the borrower
5 After use, the borrower returns the funds
6 Landing Platform returns assets to the borrower
7 Landing Platform accrues funds and income to the lender
8 S-Wallet sends the received commission to the Reward Pool
➡️➡️S-PAD
1 The investor sends his assets to stacking
2 The user receives an allocation to participate in IDO
3 10% commission when creating staking and unstaking
4 Bonus accrual from Reward in Staking Pool
5 Allocation calculation in IDO depending on the amount of stacking
6 IDO transfers part of the tokens to the Airdrop Pool
7 Accrual of bonuses from the Airdrop Pool between all S-Wallet users.
HOW APPLICATION WILL WORK
S-Wallet will be focused on overcoming the security factor weaknesses encountered in numerous other online wallets. The safety of the S-Wallet application on the user level will be ensured by several layers of security features, namely:
- `Touch ID, and Face ID upon login;`
- `KYC procedures for making sure that users have individual backups for personal details and access keys;`
- `2FA authorization confirmation;`
- `2FA confirmation when transferring funds as an added security function.`
Combined, these features are sufficient on the user side to ensure a high degree of security and at the same time prevent protective measures from being overly intrusive.
➡️The Functionality
The basic functionality of the S-Wallet application will include a number of options that are considered to be the most demanded among users. The functions will include:
- Receipt, exchange, storage, and transfer of assets between wallet addresses, exchanges and other receiving details;
- Full viewership of the history of all transactions performed on the account;
- Regular bounty and airdrop programs;
- Loan in USDT / USDC secured by assets in the wallet;
- Staking programs that allow users to earn rewards.
# Platform Tokenomics
50,000,000 SWP tokens will be issued within the framework of the token economy of the S-Wallet application.
**SWP Token Allocation Scheme**
10% - token pool support;
20% - tokens allocated for the Public Sale;
40% - tokens allocated for the staking protocol;
10% - tokens allocated for the Pre-Sale round;
10% - tokens allocated to the team;
10% - tokens allocated for marketing efforts.
Token allocation scheme over time.
Token allocation scheme over time.
**Public Sale Details**
10,000,000 SWP allocated for sale
Sell price – $0.3
Accepted currencies – BNB, USDT (bep20)
Sale format – FCFS ( first come first serve)
**Funding History**
Pre-Sale round – June 1st, 2021
Total funds attracted – $200,000
Round timing – 5 minutes, 42 seconds
Pre-Sale round – June 2nd, 2021
Total funds attracted – $100,000
Round timing – 22 seconds
Pre-Sale round – June 3rd, 2021
Total funds attracted – $200,000
Round timing – 7 seconds
**Token vesting details**
Pre-Sale | 5 000 000 | 10% at launch; 90% of sold SWP tokens – 36 weeks x 2.5%
Public Sale | 10 000 000 | 10% at launch; 90% of sold SWP tokens – 36 weeks x 2.5%
Marketing efforts | 5 000 000 | 100% initial lock ; than 2% per week
Team | 5 000 000 | 100% initial lock for 6 months; than 2% per week
➡️ HOW TO GET STARTED WITH S-WALLET
If you're not already with us, it's time to join the S-Wallet ecosystem. It takes a few minutes.
1️⃣ Create a personal S-Wallet account
2️⃣ Top up your balance
3️⃣ Connect two-factor authentication
4️⃣ Enjoy all the available functions
Thanks to the multifunctional nature of the wallet, individual and corporate users will not need to constantly search for various financial services to solve their daily tasks involving crypto and fiat assets. The users’ assets stored in S-Wallet will no longer be exposed to threats thanks to the application of an advanced security system. The S-Wallet application will be giving its users the benefits of making direct deposit and withdrawal operations to their bank cards hassle-free.
For added convenience, users can access their personal S-Wallet account in several ways, depending on their preferences through a web version or mobile application.
Least to remind you, S-wallet is listed on Pancakeswap and Hotbit..
Visit S-wallet.ai for more details
#SWallet #Ambassador #ecosystem
