Send
Send Dashboard
The Send / Receive dashboard allow the user to make transfers in Crypto or Fiat.
Send History shows all transactions made in this account.
Send/Receive panel
Send dashboard
Send panel
1. Send USER
Send Confirmation (User)
Send Successful (User)
Wallet History - Send (User)
Wallet History - Receive (User)
When do you send user tokens?
There are multiple scenarios to send tokens from one user to another.
Example:
- Payment for a product / service to the user account.
- Gifting tokens.
2. Send - Token Bank
Send Confirmation (Token Bank)
Send Successful (Token Bank)
Wallet History - Send (Token Bank)
Wallet History - Receive (Token Bank)
When do you send tokens to Token Bank?
The Token Bank is the Account which a User Created Token / Business manages the day to day expenses.
Businesses with cost need customers to send to bank as they need to spend some of the revenue.
A business may use the Token Bank to receive payment.
Example:
- Payment for a product or service to the business.
3. Send Token Treasury
Send Confirmation (Token Treasury)
Send Successful (Token Treasury)
Wallet History - Send (Token Treasury)
Wallet History - Receive (Token Treasury)
When do you send tokens to Token Treasury?
The Token Treasury is the Account which a User Created Token / Business holds the tokens backing its circulating supply.
Businesses with no cost can have customers send all to treasury.
Example:
- A music streaming business will have royalty, streaming fees, etc.. and this is generated earnings.
- A movie production receive generated earnings from movie streaming.
Why would you send tokens tok Token Treasury?
When tokens are sent to treasury,
- native token (eg. Unit - will be burnt)
- cryptos / stable currencies will be available for token holders to redeem
- sending tokens to token treasury will increase the lowest price which increases the exchange price.
It is in the interest of all token holders to want the treasury to grow, which will strengthen the token price.
Why would a token holder claim (redeem) their tokens from treasury?
- when the exchange price is the same as lowest price
- when there is no fund in the liquidity pool.
- redemption is based on total supply.