CPD token use cases: loyalty rewards, staking, and liquidity pools
With the CPD token being the fuel for new DeFi services on CoinsPaid, its functionality won’t be limited by payments only. The project team has big plans — here’s how users will benefit from the token.
Loyalty rewards in CPD
CoinsPaid customers will get loyalty rewards in the form of the CPD token. The incentives for B2B product resellers will earn up to 20% of lifetime commissions from resold merchants. B2C CoinsPaid wallet affiliates will get up to 50% of revenue share as opposed to the standard reward of 15%.
Store your CPD and get a passive income? Yes, please!
CoinsPaid users will be able to stake CPD and enjoy generous APY rates. The reward will also depend on the amount staked, the category of user (business or individual), and the locking period.
CoinsPaid holders will be able to provide liquidity in CPD and earn additional APY.
While the CoinsPaid DeFi infrastructure is growing, more use cases and bonuses will appear for the CPD token. For example, the DeFi Dashboard will enable the integration of popular DeFi tools and services. Stay tuned!