Following the launch of the 8PAY token on BSC, we’ve turned our attention to adding ways to reward and incentivize our growing community. With that in mind, we’re pleased to introduce native staking rewards on the 8Pay platform.
We’re rolling out two forms of staking for 8PAY token holders: single asset and LP. In the case of the former, you can simply lock your 8PAY tokens into the corresponding smart contract to begin earning rewards. …
8Pay is a DEFI platform for automatic trustless crypto payments. It operates on the Binance Smart Chain network and it is currently under testing ahead of its mainnet launch. In this short guide, we’ll explain how to acquire 8PAY testnet tokens and use them to see the power of 8Pay’s smart payment protocol in action.
- Make sure to have MetaMask installed. If not, download it from https://metamask.io
- Go to https://app.8pay.network/login and log in with MetaMask, by clicking “Unlock with MetaMask”
Since our Demo is deployed on Testnet you need to connect your Metamask to to the Binance smart chain Test…
We spent a lot of time brainstorming what the ideal payment system would look like. That’s probably why 8Pay is on track to becoming the world’s premier service for paying for goods and services with the fastest-growing asset in the world, crypto. Let’s take a look at what the ideal crypto subscription billing and management system looks like and weigh it against 8Pay.
Putting User Safety and Security First
First and foremost, the ideal crypto payment system puts its users’ safety and security above all other concerns. Backed by the immutability and security of blockchain technology, crypto is one of the safest and most secure assets…
8Pay has signed a slew of major partnerships in recent weeks as we seek to become the number one crypto payment network. Here’s a recap on what’s been happening in our world lately in terms of partnership and blockchain expansion.
8Pay Network Expands
The latest integration, with customizable eCommerce giant WooCommerce, has resulted in the creation of a special plugin that lets merchants accept payment via cryptocurrency. Uniquely, the functionality covers both one-off transactions and subscription payments. The most popular eCommerce software for Wordpress, WooCommerce currently runs over 1.5 million active web stores.
Global ecommerce sales are expected to reach $4.2 trillion in 2021, as post-pandemic buying trends continue to strengthen the industry. Based on this eye-watering forecast, the value of ecommerce sales will actually surpass the Gross Domestic Product (GDP) of all but three countries this year — namely the United States, China and Japan.
In summary, international ecommerce is motoring. But that doesn’t mean the industry is capitalizing on every opportunity. Which brings us nicely onto the topic of cryptocurrency, another industry that has surged past the trillion mark in recent months. …
Cryptocurrencies have come a long way in the 12 years since the emergence of Bitcoin, paving the way for digital peer-to-peer payments and financial solutions without an intermediary, secured by cryptography. However, with thousands of tokens to choose from, of varying use cases, there’s an often overwhelming array of digital assets and new terminology to get your head around.
You don’t need a degree in computer science to get started, though. By tackling some of the basics and trying out this new technology firsthand, you’ll gain a solid foundational knowledge of the asset class to build upon.
In this article…
At 8Pay, we are busy building an all-in-one payment protocol fit for the times we live in. One that benefits both consumers and merchants by enabling ultra-fast and convenient recurring and on-demand transactions using cryptocurrencies.
Governance being an integral part of any blockchain let alone a decentralized finance platform, we thought it would be a good idea to talk about how our protocol will be run going forward.
A decentralized vision
The first thing to note is that we are fully committed to decentralization. Eliminating a single point of failure by creating a foolproof open protocol that works for the many, not the…
It gives us great pleasure to announce that 8PAY has created the new vFarm on ValueDefi !
The farm will go live on Mon May 03 at 2021 21:39:54 GMT+01 (British Summer Time). Simply visit the link and click on the notification bell to be alerted when the relevant block is validated.
How to Stake LP tokens to vFarm and earn Rewards
Add liquidity to the 8PAY/BNB pool on Pancake Swap V2 and start earning rewards, here’s how to go about it:
1. Get your wallet with 8PAY tokens ready, you can buy 8PAY on Pancakeswap. Now you can visit the pool section of Pancake Swap V2.
Make sure to…
Cryptocurrency wallets have many features that elevate them above the status of bank accounts. For starters, anyone can open a crypto wallet — they don’t have to succumb to invasive KYC/AML checks and have an intermediary pore over their credit history.
By owning their private keys, users can also take sole custody of their funds and do with them as they wish, transacting on any continent using a variety of devices.
What’s more, digital wallets hold more than just cryptocurrency; they also hold non-fungible tokens (NFTs) and fiat-pegged stablecoins. …
It gives us great pleasure to announce that 8PAY has listed on Value Defi, the multi-chain defi protocol known for its suite of high-grade products.
Our native token is available for trading and staking purposes, with Value users able to add liquidity to a BNB/8PAY pool to earn LP tokens. Thereafter, liquidity providers can stack their LP tokens on the protocol’s vFarm to earn juicier rewards.
The farm will go live on April 21 at approximately 01:23:17 GMT+0100 (British Summer Time). Simply visit the link and click on the notification bell to be alerted when the relevant block is validated.
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8PAY
8PAY is an all-in-one payment protocol that enables quick and simple recurring transactions with digital currencies.
