WayPay Overview
A Way To Pay Passive Income!
Welcome to WayPay, Your Way To Pay A Passive Income.
WayPay is a DAPP protocol that was born out of the hard work of our experienced team and advisors. We will not only aim to provide the best protocol but the first one of its kind to set up an ecosystem of revenue outside of its token, from projects such as NFTs and play-to-earn games as well as its own investment fund.
When we created this project we looked at the big DAPPs and rebase tokens out there and took what was good and got rid of what was not so good and created a hybrid protocol that will aim to sustain itself without us trying to reset the project and say sorry for our mistakes (like some) We're an evolution of the rebase token and not your everyday project that is dumping on a slow road to death. We aim to be the best in the rebase token space and know we can achieve this with your help and support.
WayPays biggest benefit though is your tokens are never locked you can sell at any time!
Sustainability
With the rise and fall of many rebase token projects out there DEFI is turning a little wild west and some of the big projects are now backtracking and locking your money up or not paying rewards, We at WayPay, have been blessed with the opportunity to learn from the mistakes of other DeFi projects in the space and fine tune them to bring you the arguably the best DEFI project in the space (Bold statement I know right but we believe it). WayPay has many mechanisms from the launch that will help keep it sustainable for longer than a pump-and-dump faze like most Dapps out there that follow a Ponzi scheme-type setup. Most importantly using the treasury, unlike anything you've seen in the rebase token space which will help sustain price using a liquidity manager model much like Horde's and buying back/burning tokens. Moreover, our burn rates are higher than any other rebase token in the space and we will be burning tokens to help keep inflation to a minimum thus ensuring passive income to the investor. The use of NFTs and a play-to-earn game will also serve as an added incentive for token holders to stay invested.
How does WayPay work?
WayPay is an innovative DaaS and NFT protocol that brings benefit and value to both $WPAY and When you purchase $WPAY tokens, these tokens represent your principle. Then every 30 minutes your compound interest of 1% a day is added to your principal and the new total becomes your new principal amount. This is important because your new, updated principle amount is what is used to calculate your next rebasing rewards in 30 minutes' time.
How do I invest in WayPay?
Investing in WayPay is simple. Just buy $WPAY tokens from www.waypay.vip and gain up To 5,000% APY at 1% a day rebased every 30 minutes. More info can be found in the Staking sections of this white paper. Presale information is available using the pages tab on the left.
How is WayPay run?
WayPay is run like a growing business whereas we want to build a profitable ecosystem. We don't want to rely on the project token like a Ponzi scheme where we just take from the last investor in the market like some Protocols out there! we want to invest, build and earn in order to sustain the project by investing outside money back in, buying back tokens and making sure we have a steady cash flow into the project
We will achieve this by purchasing an NFT project, and then building a play-to-earn game based around it, as well as running our own investment fund on the market, once we have achieved this and we have a steady income flow the project will be self-sustainable and we will then look to build more projects and put a vote to token holders on what they would like. (a bit like normal shareholders in a company)
After 6 Months
We will stop the rebase and make this a trading token and pivot the project to be more sustainable as by then we hope to have at least 2 income streams outside of the price chart action of the token where we will pay out dividends to the token holders in line with the profits just like a regular company on the S&P 500 but more will be announced near the time.
Note: This white-paper is subject to change and will change as we get closer to launch.
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