What Is Slash Vision Labs?
Slash Vision Labs (SVL) is a crypto payments platform designed to make using digital assets in everyday transactions easier and more intuitive. As the innovator behind Japan's first compliant crypto-backed credit card, Slash bridges the gap between traditional finance and digital currencies. The Slash Card, along with the SVL token, acts as a gateway for new Japanese users entering the world of crypto. By offering secure, self-custodial payment solutions, Slash Vision Labs simplifies the integration of cryptocurrency into daily life.
What Is the SVL Token?
SVL is the native governance token of the Slash Vision Labs ecosystem, built on the Mantle Network.
It is used for:
- Staking and Revenue Distribution: 100% of the revenue generated from Slash Vision Labs' payment products is distributed to SVL token stakers, fostering community engagement and loyalty.
- Rewards in SVL: Stakers can earn rewards in SVL, with 10% of the total token allocation reserved for staking rewards, released linearly over four years after the Token Generation Event (TGE).
- Partner Project Rewards: Token stakers are also eligible for exclusive rewards from Slash's partner projects. Staker-exclusive quests and campaigns offer additional rewards in various tokens across various networks.
Expansion and Compliance:
Slash Vision Labs is actively expanding its services across multiple Asian countries, with a strong emphasis on compliance with local regulations. This focus on regulatory adherence ensures sustainable user growth and positions Slash Vision Labs to achieve mass adoption. By providing a secure and compliant platform, Slash Vision Labs aims to serve as a foundation for widespread cryptocurrency adoption across the region.
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