Privax Whitepaper
  • Introduction
  • The problems we address
  • How we address them
  • Showcase: telegram mini app
  • Quick market figures
  • High level architecture
    • Overview
    • Privacy-preserving smart contracts
    • Use cases and applicability
  • Details of the token
    • Overview
    • Relayers
    • Transactional and swap fees
    • Compliance framework
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  1. Details of the token

Overview

The internal ledger and our ecosystem will be powered by the Gas Token. Our token is a pure utility token and will not be used for anything except for paying for services, staking and community governance.

The token essence and economy is tailored to provide protocol self-sufficiency and to incentivise the community and backers.

The token serves many objectives, which includes but not limited to (1) staking, (2) transactional and swap fees (3) KYC/AML verifications, (4) integration/processing fees for any services provided on internal ledger by 3rd parties, and (5) governance.

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