TRVL (TRVL) is the native utility and governance token of the Dtravel ecosystem, a peer-to-peer vacation rental platform built on the Nite Protocol. It incentivizes growth, enhances user experience, and provides stakeholders with equal opportunities to participate in governance and voting processes. TRVL can be used for payments, earning rewards, and accessing premium memberships and partner services within the Dtravel ecosystem.
The crypto TRVL (TRVL) is the utility and governance token of the Dtravel ecosystem, which aims to empower ownership in travel. It serves several purposes within the ecosystem:
Payment Option: TRVL can be used as a payment method for bookings and home rentals, offering cashback opportunities of up to 25% of the total fee.
Performance Reward: TRVL is used to incentivize hosts who rent out their properties and receive payment in Dtravel’s native currency, offering rewards in the same range.
Community Currency: TRVL is used to reward participants in the ecosystem for their loyalty and contributions to the community’s growth. This includes listing properties and referring other interested parties.
Governance Token: TRVL holders have governance rights, allowing them to submit proposals or vote on existing ones depending on the number of TRVL coins they hold. This token is also used as a protection mechanism for hosts in case of property damage, with a dedicated pool of $1 million for this purpose.
Staking: TRVL holders can stake their tokens in vaults with various lock-up conditions on both Ethereum and Binance Smart Chain, earning additional TRVL rewards.
Unlocking Features: Holding TRVL unlocks new products and features within the Dtravel ecosystem, enhancing the travel experience and empowering ownership in the future of travel.
Overall, TRVL plays a central role in facilitating transactions, incentivizing participation, and governing the decentralized travel ecosystem of Dtravel.
To store TRVL (TRVL) tokens safely, follow these best practices:
Choose a Wallet: Select a reliable wallet that supports TRVL tokens. You can opt for a hardware wallet (cold wallet) for the majority of your holdings, which provides the highest level of security. For smaller amounts and easy access, use a hot wallet.
Record Recovery Phrases: Physically record the recovery phrases for your crypto wallets. Write them down or use steel tools designed for recording crypto recovery phrases. Store these phrases in a secure location that only you can access.
Secure Storage: Never share your crypto wallet's recovery phrase or private keys with anyone, and don't save them to your computer.
Multiple Wallets: Consider using multiple wallets to diversify your storage options. This can include a hardware wallet, a hot wallet, and even a physical (paper) wallet for offline storage.
Keep Recovery Phrases Safe: Ensure that your recovery phrases are stored securely and are not accessible to others. Losing access to your crypto can result in permanent loss, as seen with lost Bitcoin.
By following these steps, you can ensure the safe storage of your TRVL tokens and minimize the risk of loss or unauthorized access.
To buy TRVL tokens, follow these steps:
Choose a Platform: Select a reliable cryptocurrency exchange that supports TRVL, such as MEXC or KuCoin.
Create an Account: If you don't already have an account on the chosen platform, create one by following the registration process.
Deposit Funds: Deposit the necessary funds to purchase TRVL tokens. This can be done using various payment methods, depending on the exchange.
Navigate to TRVL: Find the TRVL token on the exchange's platform and click on it to access the purchase page.
Set Purchase Details: Enter the amount of TRVL tokens you want to buy and review the transaction details.
Confirm Purchase: Click the "Buy TRVL" or equivalent button to complete the transaction.
- Store Your Tokens: Ensure you have a secure wallet to store your newly purchased TRVL tokens.
By following these steps, you can successfully buy TRVL tokens and participate in the Dtravel ecosystem.
