PolyFlow
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  • Polyflow Overview
  • PolyFlow DAPP
    • White Paper
    • User Guide
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  • Payment ID - PID
    • Intro
    • PID Use Case
    • Identity Issuer Ref
  • Payment Liquidity Pool - PLP
    • Intro
    • Ecosystem Participants
    • PLP Mechanism
      • PF Token
      • Wallet Creation Workflow
      • Receive Crypto Workflow
      • Withdraw Crypto Workflow
      • Fee Distribution
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    • Intro
    • Staking Workflow
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  • Payment-realated Projects
  • Merchant
  • Customer
  • Web3 User
  1. Payment Liquidity Pool - PLP

Ecosystem Participants

Payment-realated Projects

  • Those projects are the direct user of our protocol. It integrates our protocol to implement crypto payment collection and other related services.

  • Those projects incur transaction fees during the usage process.

  • Those projects receive the pfToken minted by the protocol.

  • Those projects must be PID holders and meet certain other PID validation requirements.

  • Those projects need to pre-create their own wallet address in the PLP system.

Merchant

  • The merchant is the direct user of the gateway. They use the gateway to accept crypto payments.

  • The merchant has their own account and fund account within the gateway.

  • The merchant can withdraw their funds from the gateway.

  • The merchant uses the wallet addresses allocated by the gateway to receive crypto payments.

Customer

  • The customer is the direct user of the merchant.

  • The customer is the source of requests for wallet address allocation from the gateway.

  • The customer’s identity verification needs to be completed by the merchant.

Web3 User

  • Web3 users can participate in liquid staking to provide liquidity for the fast redemption of pfUSDT and enjoy a share of transaction fees and platform revenue.

  • Ordinary users can perform a fast exchange between pfUSDT and USDT through the liquid staking pool.

  • Ordinary users can stake Polyflow Governance Tokens to earn platform revenue.

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Last updated 3 months ago