PRESALE ON GEMPAD

The presale for Swychr is just around the corner, mark your calendars and set your alarms for the 16th of December at 1pm UTC!

Presale link: https://gempad.app/presale/0xd07BFfE6aCC4e5504DaB693E1d0D5db45BD27137?network=Ethereum

INTRODUCTION

Swychr is a leading e-wallet app that empowers users to seamlessly manage their finances, make secure transactions, and access a wide range of financial services from one single mobile app interface. With a user-friendly interface and robust security measures, Swychr aims to revolutionize the way individuals interact with their finances in the digital age. Some of the services users can avail on Swychr app include:
• Cross border remittances and payments,
• Bill payments,
• Gift cards,
• Virtual prepaid cards (multiple currencies),
• Digital bank accounts (multiple currencies),
• Micro loans,
• Airtime top up,
• Crypto trading,
• Staking,
• On and offline payment including an e-commerce marketplace to help bring small businesses online.

UTILITY OF SWYCHR TOKEN

Transaction Incentives

Users shall earn SCT for conducting transactions within the Swychr app, encouraging frequent usage and engagement. There shall be smart contracts in place ensuring that users get the promised rewards upon achieving any pre-defined milestone. This ensures zero human intervention so as to ensure that the system always works as required without any need for a trusted intermediary.

Promotional Rewards

Users shall receive SCT for taking steps and/or carrying out specific actions aimed at promoting the Swychr app, such as sharing it with friends and family, thereby expanding the user base. The team plans on putting in place different types and classes of reward as far as promotion of the app is concerned. Users shall earn rewards in SCT at an increasing rate after crossing certain brackets in terms of the number of users who sign up to the app to the app using their referral code hence encouraging users to actively recruit their network to download the app and join the Swychr ecosystem.

Staking Benefits

Holders can stake SCT to unlock special services within the app, such as larger transaction limits and discounts on different features, enhancing the user experience. In addition to the obvious staking benefits including earning very handsome rewards on staking, holders of SCT shall earn the right to participate in the governance SCT including nomination and voting of governance board members by so doing help shape the future and functioning of SCT.

Service fee payment

SCT holders can utilize the token to cover up to 50% of service fees incurred while transacting within the Swychr app thereby providing additional utility and immediate cost-saving benefits for SCT holders. International transactions on Swychr app are powered in their stable digital token “pUSD” which is perked at 1:1 with USD and backed by USDC deposit. While transfer of pUSD and other fiat currencies between Swychr accounts carry zero fees, other transactions including withdrawals from Swychr ecosystem into mobile money and bank accounts carry a transaction fee which is calculated and charged from the user’s pUSD balance held on the app. After the deployment of the SCT smart contract protocols, holders of SCT shall be able to pay up to 50% of total transaction fees on Swychr using their SCT token holding while covering the other 50% in pUSD.

HOLDER REWARD SCHEME

• +100% return on investment after DEX listing for the earliest investors: By taking part in the presale of SCT and investing into the token early, investors stand a unique chance to earn more than 100% return on their initial investment as a result of token value appreciation and price hikes expected post DEX listing thanks to the many post listing promotional and marketing activities planned supported by a well mapped out token vesting scheme aimed at managing token supply in the market.

• Transaction fee savings by staking: holders of SCT tokens shall be able to take advantage of the staking feature on the app to stake SCT and benefit from up to 50% savings on transaction fees across all services across the app.

• Transaction fee payments with SCT: holders who chose not to stake their SCT token holdings can also pay up to 50% of transaction fees across all functionalities and service offerings on Swychr app using SCT tokens.

• Unlocking new service levels and transaction limits: holders shall be able to stake their SCT token holdings to unlock extended transaction limits and premium features on Swychr app over and beyond the limits allowable to other users within the ecosystem.

TOKENOMICS

Supply Distribution

5% Partners and cashback allocation
5.11% Institutional Investors
10% Allocation for CEX listing
15% Ecosystem incentive scheme
25% Allocation for DEX listing
35% Presale allocation

Telegram: https://t.me/officialswychrtoken
X: https://x.com/swychrtoken
Website: https://swychrtoken.com/

PRESALE ON GEMPAD

The presale for Swychr is just around the corner, mark your calendars and set your alarms for the 16th of December at 1pm UTC!

Presale link: https://gempad.app/presale/0xd07BFfE6aCC4e5504DaB693E1d0D5db45BD27137?network=Ethereum

INTRODUCTION

Swychr is a leading e-wallet app that empowers users to seamlessly manage their finances, make secure transactions, and access a wide range of financial services from one single mobile app interface. With a user-friendly interface and robust security measures, Swychr aims to revolutionize the way individuals interact with their finances in the digital age. Some of the services users can avail on Swychr app include:
• Cross border remittances and payments,
• Bill payments,
• Gift cards,
• Virtual prepaid cards (multiple currencies),
• Digital bank accounts (multiple currencies),
• Micro loans,
• Airtime top up,
• Crypto trading,
• Staking,
• On and offline payment including an e-commerce marketplace to help bring small businesses online.

UTILITY OF SWYCHR TOKEN

Transaction Incentives

Users shall earn SCT for conducting transactions within the Swychr app, encouraging frequent usage and engagement. There shall be smart contracts in place ensuring that users get the promised rewards upon achieving any pre-defined milestone. This ensures zero human intervention so as to ensure that the system always works as required without any need for a trusted intermediary.

Promotional Rewards

Users shall receive SCT for taking steps and/or carrying out specific actions aimed at promoting the Swychr app, such as sharing it with friends and family, thereby expanding the user base. The team plans on putting in place different types and classes of reward as far as promotion of the app is concerned. Users shall earn rewards in SCT at an increasing rate after crossing certain brackets in terms of the number of users who sign up to the app to the app using their referral code hence encouraging users to actively recruit their network to download the app and join the Swychr ecosystem.

Staking Benefits

Holders can stake SCT to unlock special services within the app, such as larger transaction limits and discounts on different features, enhancing the user experience. In addition to the obvious staking benefits including earning very handsome rewards on staking, holders of SCT shall earn the right to participate in the governance SCT including nomination and voting of governance board members by so doing help shape the future and functioning of SCT.

Service fee payment

SCT holders can utilize the token to cover up to 50% of service fees incurred while transacting within the Swychr app thereby providing additional utility and immediate cost-saving benefits for SCT holders. International transactions on Swychr app are powered in their stable digital token “pUSD” which is perked at 1:1 with USD and backed by USDC deposit. While transfer of pUSD and other fiat currencies between Swychr accounts carry zero fees, other transactions including withdrawals from Swychr ecosystem into mobile money and bank accounts carry a transaction fee which is calculated and charged from the user’s pUSD balance held on the app. After the deployment of the SCT smart contract protocols, holders of SCT shall be able to pay up to 50% of total transaction fees on Swychr using their SCT token holding while covering the other 50% in pUSD.

HOLDER REWARD SCHEME

• +100% return on investment after DEX listing for the earliest investors: By taking part in the presale of SCT and investing into the token early, investors stand a unique chance to earn more than 100% return on their initial investment as a result of token value appreciation and price hikes expected post DEX listing thanks to the many post listing promotional and marketing activities planned supported by a well mapped out token vesting scheme aimed at managing token supply in the market.

• Transaction fee savings by staking: holders of SCT tokens shall be able to take advantage of the staking feature on the app to stake SCT and benefit from up to 50% savings on transaction fees across all services across the app.

• Transaction fee payments with SCT: holders who chose not to stake their SCT token holdings can also pay up to 50% of transaction fees across all functionalities and service offerings on Swychr app using SCT tokens.

• Unlocking new service levels and transaction limits: holders shall be able to stake their SCT token holdings to unlock extended transaction limits and premium features on Swychr app over and beyond the limits allowable to other users within the ecosystem.

TOKENOMICS

Supply Distribution

5% Partners and cashback allocation
5.11% Institutional Investors
10% Allocation for CEX listing
15% Ecosystem incentive scheme
25% Allocation for DEX listing
35% Presale allocation

Telegram: https://t.me/officialswychrtoken
X: https://x.com/swychrtoken
Website: https://swychrtoken.com/