Retreeb

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Retreeb offers a decentralized payment system built on the Fantom blockchain, focusing on transparency, ethics, and social responsibility. By eliminating interbank fees, it provides cost savings for merchants with fees between 0.9% and 1.5%. One-third of these fees are donated to social projects selected by users. The platform uses (S)treeb stablecoins and (U)treeb governance tokens, promoting fair value distribution and eco-friendly operations. Retreeb aims to build a better future through responsible and transparent payment solutions.

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FAQ

What is Retreeb?

Retreeb is a decentralized payment solution built on the Fantom blockchain, specifically using the Fantom Opera fork with a DAG consensus. It focuses on ethics, sharing, and solidarity by removing interbank fees, thus providing transparency and significant savings for merchants. Retreeb reduces merchant fees and supports social projects through donations.

How does Retreeb benefit merchants?

Retreeb benefits merchants by charging lower merchant fees ranging from 0.9% to 1.5%, which is less than traditional market fees, and eliminating interbank fees. This offers merchants significant savings and transparency, as well as enables them to support social projects without any direct financial contribution.

What is the role of the (S)treeb token in the Retreeb ecosystem?

The (S)treeb token is a multi-local stablecoin in the Retreeb ecosystem, backed by the user's local fiat currency at a 1:1 ratio and is not subject to speculation. It is designed for stability and acts as the medium of exchange within the Retreeb platform.

How does Retreeb ensure social responsibility through its platform?

Retreeb embeds corporate social responsibility (CSR) in its business model by donating a third of its merchant fee revenue to social projects selected by users. This approach allows users to contribute to societal benefits while promoting a fair distribution of value and commitment to social and environmental causes.

What differentiates Retreeb from other decentralized payment solutions?

Retreeb differentiates itself from other decentralized payment solutions by focusing on ethical values, offering lower merchant fees, eliminating interbank charges, and integrating CSR into its platform. It provides significant savings and transparency while enabling users to support social and environmental projects through its unique economic model.

What is the purpose of the (U)treeb token in Retreeb?

The (U)treeb is a governance token within the Retreeb ecosystem, holding a fixed supply with a variable value. It is primarily used for governance purposes, allowing the community to participate in selecting corporate social responsibility (CSR) projects for funding. The token employs a proof-of-stake mechanism to choose validators for these governance decisions.

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