1.9.3 vCASH and CASH
vCASH (Vesting CASH) and CASH are integral components of the Cashtap ecosystem, each serving distinct purposes while maintaining a fixed exchange rate.
vCASH (Vesting CASH): vCASH is a utility token designed specifically for internal platform use. It plays a key role in staking rewards and vesting payouts, ensuring efficient and secure participation in the Cashtap network.
Purpose: Used exclusively for staking activities and to distribute rewards over time.
Exchangeability: vCASH can be seamlessly swapped for CASH at a fixed 1:1 exchange rate, offering flexibility to users.
CASH: CASH is the primary cryptocurrency powering the Cashtap ecosystem. It serves as the medium for transactions, staking, and rewards across the platform.
For a detailed overview of CASH and its role in the ecosystem, please refer to Chapter 4.
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