Inspiration
It was a waste of time to swap with DEX when buying NFT. So we came up with a new solution that integrates DEX and payments.
What it does
Slash’s payment contracts and core contracts automatically connect to the best-rate DEX SWAP router when making payments with different tokens. This solution allows Customers to pay with any token they want to use. *EVM token
Currently, we support 4 types of blockchains, and we are working on supporting Tron.
How we built it
By integrating Tron's DEX router and payment system, automatic swaps and payments are possible.
Challenges we ran into
Integration of Tron's DEX router and payment system.
Accomplishments that we're proud of
It is very easy to introduce cryptocurrency payments.
Connect with MetaMask. No email address or password is required. All you need is a MetaMask wallet.
Select the receive token. Please select a Stable Token you would like to receive as a merchant. We currently support USDT, USDC, DAI, and JPYC (beta feature).
Create your own payment contract Deploy your own payment contract for each network you wish to enable payments on. We currently support Ethereum, Polygon, BNB Chain, Fantom, and Avalanche. More EVM (Ethereum Virtual Machine) networks will be supported in the future.
Introduce payments to your services with Slash Payment Documents. Web3 payments (cryptocurrency payments) can be introduced with the same simple source code as with traditional payment processers. Additionally, we provide real-time technical support via Telegram and Discord.
What we learned
Why is cryptocurrency payment necessary?
If you live in Japan, it is natural to pay in Japanese yen, and you rarely feel that prices are rising.
However, in countries where the local currency (national power) is weak, the trust in the currency is low, so the current situation is that cryptocurrency are widespread .
Ex)
・ Cryptocurrency penetration rate in Argentina is 12% (about twice that of Mexico and Brazil) ・ Argentine peso, the home currency, fell 14% against the dollar ・ Capital regulation that limits foreign exchange to $ 200 per month ・ Annual inflation will rise to 58% in April and could reach 70% this yearWith the above
Victor Levrero of Buenos Aires Province exchanges the Argentine peso-denominated salary for $ 200 into dollars, and holds the rest as stablecoin and bitcoin.
It can be said that it is indispensable to use other payment / value storage methods in Argentina and other countries because the value will be reduced if you own your own currency.
Cryptocurrency payment is recognized / utilized by people living in countries with weak currencies as one of the payment methods.
What's next for Slash Web3 Payments integrates crypto payments and DEX.
Slash makes it easy for anyone to register as a merchant – it only takes one click. The following is the target number of merchants based on connected (merchant) wallets with actual confirmed and settled transactions. The number of merchants is only an estimate, as Slash's primary goal is to increase transactions.
100 merchants Promotion focused on Forex, gaming, online services, etc.
250 merchants Strengthening the development of e- commerce and retailing with a focus on plug- ins to e-commerce systems
1250 merchants Launch of SlashToken and simultaneous launch of incentive campaign for small merchants
After the Slash token launch, token promotion will also serve as service promotion. At the same time, the sales team will provide highly flexible Web3 payment services to businesses and develop the business as a gateway to the Web3 sector for non-Web3 section businesses.
Built With
- apis
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