Retreeb (TREEB) is a governance utility token built on the Fantom Opera blockchain. It has a fixed supply and variable value, enabling users to participate in governance decisions and vote for social and environmental projects to be financed. The token is part of a decentralized payment system that redistributes transaction fees to support impactful initiatives, promoting transparency and corporate social responsibility.
Retreeb (TREEB) is a governance utility token for the Retreeb community. It has a fixed supply and a dynamic value. The primary role of TREEB is in governance, where users can vote for projects to be funded by locking their tokens in a dedicated smart contract for a certain period. The votes are weighted by the amount of stacked TREEB and the stacking time.
TREEB holders can also participate in decision-making processes and earn rewards. For instance, they can benefit from a free biometric payment card, free exchange fees between local (s)TREEB, or more advantageous farming conditions. Additionally, TREEB holders can earn (u)TREEB or (s)TREEB rewards directly to their wallet or the project they support.
Retreeb's products are divided into two wallets: the POS retailer wallet and the consumer wallet. The POS retailer wallet is a mobile application for retailers and organizations, allowing them to manage transactions, provide refunds, and configure company information. The consumer wallet is a smartphone application that provides white-label and adaptable services to various user groups. It is the only mechanism for users to acquire (S)TREEB in their local currency.
Retreeb's payment protocol uses a Directed Acyclic Graph (DAG) data structure and the Lachesis aBFT consensus mechanism, ensuring secure transactions and transparency. The protocol redistributes transaction fees to social and environmental projects, promoting corporate social and environmental responsibility.
To store Retreeb (TREEB) tokens, you have several options:
- Bitget Account: You can store your TREEB tokens safely on your Bitget account.
- Web3 Crypto Wallet: You can download and install a Web3 crypto wallet, such as Metamask, to store your TREEB tokens.
- Stacking Wallet: Retreeb offers a "Stacking Platform" where you can send your TREEB tokens to earn rewards. This platform is intended as a loyalty rewarding program.
These options provide secure storage for your Retreeb tokens, ensuring you can manage and utilize them effectively.
To buy Retreeb (TREEB) tokens, you can follow these steps:
Buying from a Centralized Exchange (CEX)- Register and Verify: Create an account on a reliable CEX like Binance, and verify your identity to ensure security.
- Fund Your Account: Use fiat to buy a cryptocurrency like USDT, ETH, or BNB. You can use services provided by the CEX or financial platforms like PayPal or Robinhood.
- Transfer Funds: Transfer the purchased cryptocurrency to the CEX that supports Retreeb (TREEB) trading.
- Buy Retreeb: Use the transferred funds to buy Retreeb (TREEB) in the spot market.
- Choose a DEX: Select a reliable DEX and download a Web3 crypto wallet like Metamask or an App wallet like Trust Wallet.
- Set Up Wallet: Create and set up a new wallet, ensuring you have the necessary cryptocurrency like ETH or BNB.
- Transfer Funds: Transfer the cryptocurrency to your self-custody wallet address.
- Connect Wallet: Connect your wallet to the DEX and follow the instructions.
- Swap for Retreeb: Find the "Swap" option, choose the token you want to trade, and select Retreeb (TREEB) as the "To" currency. Enter the amount and confirm the swap.
- Ensure you are buying from a legitimate source to avoid scams.
- Research and compare different exchanges to find the most suitable one for you.
- Consider using a wallet like Metamask, which supports millions of assets and blockchains.
- You can buy a fraction of a Retreeb (TREEB) on all exchanges.