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About Retreeb
- Retreeb is a decentralized payment system built on the Fantom blockchain with a DAG consensus.
- Vision: to build a better future by redistributing value using payment.
- Removes middleman (banks) to free merchants from interbank fees.
- Charges merchants fees (0.9%-1.5%) with no fixed fees.
- Donates 1/3 of revenue to social projects selected by users.
- (S)treeb: multi-local stablecoins backed by user’s currency (1 FIAT = 1 (S)treeb).
- (U)treeb: governance token utility for Retreeb community with fixed offer and variable value.</
About Retreeb
Retreeb is a pioneering decentralized finance (DeFi) platform that empowers individuals and businesses to harness the potential of blockchain technology, fostering a new era of financial freedom and inclusivity.
What is Retreeb?
Retreeb pioneers a novel, decentralized payment paradigm that empowers users to embody the universal values of ethics, sharing, and solidarity that define our modern era.
Retreeb is meticulously crafted on the Fantom blockchain, leveraging a fork of “Fantom Opera”, which incorporates a Directed Acyclic Graph (DAG) consensus mechanism.
Our vision is to forge a brighter future by facilitating a more equitable distribution of value through innovative payment solutions.
In what manner?
By eliminating intermediaries, namely banks, Retreeb liberates itself and merchants from burdensome interbank fees. Through its innovative economic model and cutting-edge technical infrastructure, we champion unparalleled transparency in a traditionally opaque sector. Furthermore, we redefine the payment landscape by placing corporate social and environmental responsibility (CSR) at the very core of our business model.
For every transaction facilitated on the network, retreeb levies a merchant fee ranging from 0.9% to 1.5%, significantly lower than prevailing market rates, with no fixed fees attached. This translates to substantial savings for the merchant. Notably, retreeb donates one-third of this revenue to the social project chosen by the user initiating the transaction, thereby fostering a sense of social responsibility. This innovative economic model operates independently of any direct financial contribution from the user, with retreeb voluntarily allocating a third of its revenue towards philanthropic causes.
The (S)treeb are multi-local stablecoins, impervious to speculation. Backed by the user’s native currency, they maintain a 1:1 parity, where 1 FIAT is equivalent to 1 (S)treeb.
The (U)treeb is a governance token utility designed to empower the Retreeb community. With a fixed supply and variable value, its primary function revolves around governance, specifically in the selection of CSR projects for funding. The system employs a proof-of-stake mechanism to select validators, who then participate in these pivotal governance decisions.
Retreeb’s Founding Visionaries: Who Are They?
Retreeb was co-founded by Jérémi Lepetit, Sayah El Yatim, Quentin Lepetit, and Stephanie Flacher. The idea was born out of a personal experience that sparked an epiphany. “After being refused payment at a pizzeria for an amount under €15, I came to a profound realization: the only aspect of finance I truly grasped was payment, and that it was the thread that connected us all to the industry. Moreover, I understood that behind the refusal to accept my payment lay a fee.” – Jérémi Lepetit
In 2019, this project came to fruition, and today it boasts a team of approximately 20 individuals in its sleek Parisian office.
Where can I acquire Treeb tokens?
The Retreeb Public Sale commenced in September, debuting on Probit Global Exchange, with $Treeb set to be listed on multiple decentralized exchanges, including Spookyswap.
What is the total supply of Treeb in circulation?
The total supply of Treeb is capped at 1 billion, created at genesis. Of this amount, 450 million (45%) are allocated for various sales. The company reserve accounts for 15%, while 10% is earmarked for marketing initiatives. The remaining balance is designated for charitable funds, ecosystem incentives, and other purposes.