Todays review is on the SLM token or Solomon token (SLM) is an ERC20 token that is necessary for incentivizing community members that maintain the Solomon system. Custodians are SLM stakers who receive the revenues from the platform, and jurors are gig workers who receive SLM for mediating chargeback disputes in a decentralized manner. There will be no central entity who receives revenues or profits from the system; the Solomon project instead belongs to the community. Merchants will be able to receive a wide range of cryptocurrencies from customers through the Solomon plugin, including USDT, BTC, ETH, SLM, and more, and can use SLM to reduce their (minimal) payment processing fees.
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