$EPOS Token
Merchant - ErgoPOS - Investor
Last updated
Merchant - ErgoPOS - Investor
Last updated
$EPOS Token
ErgoPOS doesn’t enable its users to withdraw local fiat currencies at this stage but we are seeking for cooperation with local currency exchange institutes in order to provide more convenient services. However, the users can withdraw the following cryptocurrencies using ErgoPOS:
● ERG
● SigUSD
● USDT
● EPOS
Whenever a merchant makes a withdrawal, a certain amount of $EPOS must be paid as a withdrawal fee. The transaction fee is tentatively set to be 0.25% of the total withdrawal amount.
$EPOS current price: 0.05USDT
Merchant withdrawal amount: 1000USDT
Withdrawal fee: 1000 USDT * 0.25% / 0.05 USDT = 50 $EPOS
1. Liquidity farming rewards: $EPOS token holders may choose to contribute their holdings to the $EPOS liquidity pool in exchange for more $EPOS tokens as liquidity farming rewards.
2. Withdrawal fees: The withdrawal fees in $EPOS tokens produced from each merchant withdrawal will be returned to the liquidity pool so that the holders earn these withdrawal fees paid by merchants in $EPOS tokens through providing liquidity.
ErgoPOS's profits come from four major sources:
1. Profits from selling ErgoPOS terminals.
2. Income from merchant withdrawal fees
3. Earnings from providing blockchain ErgoPOS customization service to merchants or businesses.
4. Commissions from cooperation with third-party service providers. For example, integrate ErgoPOS into their in-house system, sales force, enterprise resource planning (ERP) etc.