VALUE FOUNDATION OF SSC TOKEN
Last updated
Last updated
Cryptocurrency SSC Finance also known as SSC Token, is used in the SSC Finance ecosystem (include SSC Finance application, schools, partners having connections and agreeing to use) and can be purchased on cryptocurrency exchanges.
The value foundation of SSC Token comes from SSC Finance’s revenue and other value foundation as follows:
Cashback mechanism when using products and services: When users attend to shopping activities, trade with SSC Finance’s partners, they will be refunded by SSC Token, which is in proportion to the exchange rate of token and returning rate of each transaction.
Member mechanism: Users holding SSC token will have member benefits when using service products in the SSC Finance ecosystem. Moreover, users also use SSC token to have the privilege in education as school report management, student’s attendance check, management, diploma query, tutor enrolling, asking for scholarships, etc
“Learn to Earn” mechanism: Users studying more will have more income included extra-class, attending online courses, reading books, joining educational competitions. The income will be paid by SSC Finance's partners for the cost of acquiring user, advertisement,... Besides, teachers, lecturers will share a small part of their income from teaching extra-class, tutoring to reward students by SSC token.
Staking & Credit mechanism: Users holding SSC token will be granted a credit line based on the number of holding token or put their token into Staking Pool to receive interest. SSC Finance will use a part of token in Staking Pool to provide loan product for users.
Governance mechanism: Investors who hold SSC token will have rights of company shareholder such as shared profit from business activities, voting right, converting SSC tokens to shares of the company.
Token SSC can be easily traded on E-Commerce exchanges or converted into
common currencies.
Moreover, to ensure the value of the SSC Token increases stably over time, SSC will constantly use the revenue from business activities to repurchase the token from the market to avoid inflation. The repurchased token will be burned or put into the reserve fund for future activities of the company.
The features of the SSC token will be developed constantly based on the project and product development roadmap of the company in order to bring the best benefit to users holding the SSC token.
