kee

kee

HomeArchives

V3 New Version pay.cool User Guide

23
AI Translation
This post is translated from Chinese into English through AI.View Original
AI-generated summary
The v3 version of the pay.cool payment platform has launched, featuring a new architecture that is not compatible with the previous v2 version. Users must transfer assets from the old version to their wallets before using the new features in v3. The wallet now includes a KANBAN chain, which allows assets to participate in various DApps efficiently and at low costs. Key steps for using v3 include: 1. **Creating or Importing Wallets**: Users can create or import multiple wallets easily. 2. **Activating Payment Features**: New users need a referral code to activate payment features, emphasizing a referral system for rewards across various applications, including e-commerce and gaming. 3. **Using DApps**: Users can access and utilize different DApps, with examples like Biswap and Risingex for trading. The FAB public chain ecosystem is expanding with various applications, including decentralized wallets, payment tools, e-commerce, NFT platforms, and more, supporting the development of Web 3.0. Users are encouraged to share the platform with others and stay tuned for more updates and tutorials.

FAB Public Chain Explainer Little K
https://mirror.xyz/0x06A08150BdA9Af17D0ff0F179aA3E272C5D899b0

The new version v3 of pay.cool has been launched, and many friends are still unclear about how to operate it. Today, we will explain it in detail. First, let's clarify a few points:

  1. The v3 version is a completely new architectural design, so it is not compatible with the previous v2 version. This mainly means that the assets on the exchange are not interchangeable; however, the underlying wallets are interchangeable. Therefore, everyone needs to transfer the assets from the exchange in the old version to the wallet first, and then operate in the v3 version software to transfer to the exchange to experience various functions of the v3 version.

  2. Although it is a completely new architectural design, the underlying transfer operations have not changed, including the operations of Yibi that we previously explained, which are almost the same as in the v3 version.

  3. A new feature has been added to the wallet in the v3 version: the KANBAN chain. It is important to clarify that the KANBAN chain is similar to an L2 chain. When you transfer assets from your wallet to the exchange, you are transferring to the KANBAN chain. It is important to note that assets transferred to the KANBAN chain can participate in various Dapp operations and flash exchanges, which is very convenient, fast, efficient, and low-cost. In fact, the assets on the KANBAN chain are the same as those you transferred from the wallet to the exchange in v2; I hope this explanation is clear.

V3 Version Operation Tutorial:

1. Create or Import Wallet#

The v3 version allows you to create or import multiple wallets, which is a multi-wallet application. As shown in the picture, you can create or import existing mnemonic phrases; this will not be elaborated further. Just choose the language and follow the steps; it's very simple.

Later, you can also create multiple wallets again in wallet management, which is very suitable for users with multiple wallets. This is also a key point of this update.

2. Activate Payment Function#

Old users do not need further elaboration; just import the wallet.

For new users, I strongly recommend finding a referrer and asking them for an invitation code. An important concept of pay.cool is referral payments, and there will be a series of ecological supports in the future, including merchant payments, e-commerce, games, chess, the metaverse, digital identity, and even social interactions, real estate transactions, etc., all of which require payments. The referral system rewards each referrer through payments.

In addition, the payment function of pay.cool must be activated using an invitation code; other wallets and Dapps can be used without it.

As for how to build your own referral system to maximize benefits, that depends on each individual. As explained in our previous articles, by referring merchants, you can receive rewards for every payment they make. In games, you can also receive rewards for every payment. In various payment processes in the metaverse, you can also earn rewards, etc. As long as it involves the payment field, the referral reward system will exist. As shown in the picture, I have already activated the payment function through my referrer.

Moreover, you only need the referrer's referral code; this is a free process. If the referrer requires you to pay to get the referral code, that indicates an issue with that referrer charging you, and you should consider whether to change referrers. The pay.cool payment process only provides a platform and is completely free to activate the payment function. Similar to Alipay, is there a fee just to activate the payment function?

3. Dapp Applications#

Today, I will focus on explaining the use of Dapps. More Dapps will be updated in the future, including identity verification, games, the metaverse, social interactions, lending, DAOs, etc. Click on the browser at the bottom to enter the Dapp page and select the Dapp you want to use. Today, we will focus on two, and we will also explain other Dapps as they are activated later:

1. Biswap Application#

As shown in the picture, after linking the wallet, you can proceed with the transaction directly. Click on the three horizontal lines to the left of the linked wallet to add liquidity, view information, etc.

2. Risingex Application#

This is similar to Biswap and is another new application model that will continue to be updated. As shown in the picture, just proceed with the transaction. You can also click on the three horizontal lines in the upper right corner to choose buy/sell and liquidity, view transaction information, etc. The operation is relatively simple.

That concludes today's operation tutorial. Interested friends can give it a try.

FAB Public Chain Ecosystem#

The FAB Public Chain has multiple ecosystems that have officially started running, including various chain games, shopping malls, etc. In addition to the various ecosystems built on FAB that we previously introduced, more ecosystems developed based on the FAB public chain will be launched in the future. Our community will continue to share and explain, helping everyone build their own business landscape in the era of blockchain web3.0.

  1. Decentralized wallet + Decentralized exchange (exchangily.com all transaction fees 100% distributed to holders of Yibi exchange token EXG)

  2. Decentralized digital currency payment tool — Pay.cool payment, the Alipay of the blockchain-based Web3.0 era, the v3 version has been upgraded; welcome to the world of web3.

  3. Decentralized e-commerce (madearn.com)

  4. NFT trading platform (collectiongala.com)

  5. Decentralized traceability system ID Dock (verification and traceability system for people, events, and things)

  6. DeFi ecosystem applications (Biswap.com)

  7. Chain game platform (gamearm.com)

  8. Red envelope function, which has been launched on pay.cool

  9. Digital identity system, the Digital Citizen Program, has been launched (pay.cool's Digital ID)

  10. Developer integration suite cool-connect has been launched

  11. Decentralized supply chain (DSCmap, coming soon)

  12. Social content creation platform coming soon

If you find it good, please recommend it to your friends and follow us. Thank you for your support!

You are also welcome to follow or bookmark our channel, as we will present more knowledge and tutorials in the future.

We are only sharing the FAB public chain and do not constitute any investment advice.

Loading...
Ownership of this post data is guaranteed by blockchain and smart contracts to the creator alone.