VPROPEL is live to purchase on PayRue DEX
London 3rd of November 2021
Dear PayRue users,
As PayRue expands its platform, community, services, and products on the roadmap we decided it was required to raise funds to enable quicker growth and to seize the opportunity that digital assets and cryptocurrencies currently are offering.
PROPEL is the native token of PayRue and is an asset on Binance Smart Chain and currently available to buy on PayRue DEX and AMM Protocols such as PancakeSwap.
To provide a more long-term solution and price stability for early investors and long-term partners we decided to create a wrapped and vested token called VPROPEL that represents a total of 37.5% of the total PROPEL supply.
VPROPEL has a fixed price of 0.005 BUSD, fixed maturity as in expiry on the 4th of November 2021 after expiry holders can swap into PROPEL 1:1. This will allow holders of VPROPEL to exchange into PROPEL at a fixed price in the future.
It will also allow holders of VPROPEL to easily trade VPROPEL vs other pairs on PayRue DEX or AMM Swap protocols by creating pools for example.
Since buying VPROPEL on PayRue DEX is always fixed at 0.005 BUSD / VPROPEL there will never be any price fluctuations from the BUSD base however the value of BNB and other tokens added to VPROPEL pairs in the future might vary.
To buy VPROPEL you need to do as follow
- Connect to PayRue DEX with your MetaMask
- Deposit BUSD or BNB to PayRue DEX Exchange Wallet
- Click on VPROPEL and decide the amount to purchase with
- The minimum order is 80 BUSD or ca 3 BNB
We have provided relevant links below that can be useful for you
VPROPEL https://payrue.gitbook.io/vpropel-token-sale/
Current Roadmap https://payrue.gitbook.io/payrue-roadmap/
PROPEL & PAYRUE https://payrue.gitbook.io/propel/
PROPEL Token https://payrue.gitbook.io/payrue-dex-accounts-and-propel-rewards/
Best regards
The PayRue Team
