> For the complete documentation index, see [llms.txt](https://waypay.gitbook.io/waypay/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://waypay.gitbook.io/waypay/waypay-token.md).

# WayPay Token

WayPay is focused on providing holders with PASSIVE INCOME AND PRICE STABILITY. Therefore it is in everyone's interest to have a fee structure that will encourage long-term holding and discourage day trading and pump & dumps.

For that reason and to create sustainability, our fee structures to support the project are as follows:

$WPAY is a Bep20 token on the Binance Smart Chain network. The token rewards investors with a base APY of 5,000%  from solely holding the token. Rebase's are paid out every 30 minutes @ 0.02083 up to 1% a day thats a massive 30% a month plus the price of the token that you can buy and sell at any time **NO LOCK IN but a 1% a day max sell**. APY is increased astronomically and there is a max supply of 10 million $WPAY tokens available in the first LP.&#x20;

### Weighted Governance Voting System

$WPAY tokens will be used as the governance token for WayPay Future projects just like normal big companies on the stock market and allow a weighted voting system to occur. The more $WPAY tokens you hold the more voting power you will have in the protocol and its future direction.&#x20;
