Wirex Pay

About Wirex Pay

Wirex Pay represents the future of digital payments, seamlessly integrating blockchain technology with traditional finance. Designed as a modular payment chain and incubated by Wirex, a global leader in the crypto debit card market, Wirex Pay leverages the power of Polygon ZK to offer unparalleled transaction efficiency and security. Supported by Visa, Wirex Pay aligns closely with Visa's vision for the future of payments, emphasizing collaboration in driving fintech innovation. Highlight/Vision: Wirex Pay is at the forefront of revolutionizing digital finance, offering a pioneering platform that integrates the best of blockchain technology with the practicalities of everyday transactions. Our vision is to create a seamless, secure, and composable payment solution that meets the evolving needs of a diverse range of users, from individual consumers to businesses and developers in the Web3 eco_. Token Economics: Token holders can stake their tokens to increase their rewards and voting power, both dependent on the staking duration. The community will also manage the treasury and handle _ious operational activities as well as participating in node operating. Technical Overview: Wirex Pay harnesses the power of Zero Knowledge _ZK_ technology to deliver a next-generation, non-custodial payment solution. By leveraging ZK Rollups and Validium, Wirex Pay offers a scalable, secure, and efficient platform that revolutionizes digital payments. This section delves into the technical innovations of ZK technology and how Wirex Pay integrates with the Aggregated Layer _AggLayer_ to enhance its capabilities. Token Allocation: Team: 20%, 0% unlock at TGE, 12 months cliff, 36 months linear daily release_ Point based Airdrop: 5%, 0% unlock at TGE, 3 months cliff, 9 months linear daily release_ veWPAY Rewards: 12.86%, 0% unlock at TGE, 6 months cliff, then release within 60 months_ Liquidity: 4%, 50% unlock at TGE, 7 months cliff, then release within 24 months_ Treasury: 38.14%, 10% unlock at TGE, no cliff, 67 months linear daily release_ Node rewards: 20%, 0% unlock at TGE, 2 months cliff, 60 months linear daily release_