Penny Token — an option that will give millions of freelancers the opportunity to receive payment in cryptocurrency of their choice. Penny will combine work from home and cryptocurrency payments into one decentralized work platform without intermediaries. The lowest fees for using this platform will be with Penny Token as a payment method.
Features of the Penny Token project
More than 60 million freelancers work for fiat on the three leading freelance platforms. However, they all do not have the ability to receive money in cryptocurrency. Penny Token provides several important advantages at once: low commissions for platform users, the ability to pay by using several cryptocurrencies and instant payments. Thanks to the implemented protocol validator, Penny has the ability to mint tokens on any network, which gives users more options and benefits.
Other benefits:
| Dynamic supply across multiple chains | When a token is burned on one chain, the protocol validator checks the burned amount and gives approval to the mint on the other chain. It is impossible to exceed the total supply due to production in other networks. The protocol validator will update and save all changes in different chains. |
| Deflationary token with a high emission | Penny — a high-emission deflationary token with a tax rate of 6% per transaction. 2% is constantly burned, 2% is distributed among the holders, 1.5% is sent to the marketing wallet and 0.5% is sent to the protocol validator. |
| Bid | Staking has proven to be one of the best ways to generate rewards and passive income. You can lock your tokens on the Penny app for a seven-day betting period to earn more. |
Penny is 100% based on user suggestions and the voting system, implemented in the app.
More about coin defi Penny
There is no WhitePaper document on the site. Instead, there is a short description and main benefits. Future updates are available on the RoadMap. The Medium blog features articles with information about contests and more. The community actively maintains social networks:
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