LETSTOP
  • ⚙️General
    • Overview
    • Introduction
  • 🎲Game Mechanics
    • How the Game Works
    • Player Journey
    • Levels
    • Notification System
  • 🛑LETSTOP Credits
    • An Innovative Concept
    • STOP Store
    • Balance and Token Boosts
    • Credit to Token Conversion
  • 🎁Rewards System
    • How it Works
    • Reward System
    • Anti-Cheating Mechanisms
  • 🪙$STOP Token
    • Token Details
    • Token Distribution
    • Get $STOP Tokens
  • 🔧Technology
    • Touch and Movement Tracking
    • Uncertainty Handling
    • Continuous Improvement
    • Advanced Tracking Technology
  • 📈Marketing & Technology
    • Strategy
    • Audience & User Acquisition
    • Community Reward Programs
    • Early Incentives – Pre-Launch
    • Referral Program
    • Partnerships & Collaborations
    • Roadmap
  • 🏨Team & Company
    • Background & Expertise
    • Vision & Mission
    • Getting Help
  • 🔐Security & Privacy
    • Privacy Protocols & Policies
    • Security Measures & Protocols
    • Fair Play System
    • Risk & Legal Disclaimer
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  1. LETSTOP Credits

Credit to Token Conversion

Overview

In our continuous commitment to enhancing user engagement and rewarding safe behaviors, LETSTOP introduces a streamlined mechanism for converting earned LETSTOP credits into $STOP tokens—and vice versa. This conversion operates on a 1:1 ratio, meaning that every credit earned through safe driving, referrals, or other in-app activities is directly exchangeable for one $STOP token. Importantly, the process scales with the volume of credits you hold: the more credits you have, the more tokens you receive, and the system supports bi-directional conversion to maintain flexibility within the ecosystem.

Conversion Process

The conversion from LETSTOP credits to $STOP tokens (and back) is engineered to be straightforward and intuitive. Integrated directly within the LETSTOP app, users can complete any conversion process without needing to visit an external platform. The steps are as follows:

  1. Access Your Wallet: Open the LETSTOP app and navigate to your in-app wallet, where all earned credits are displayed.

  2. Initiate Conversion:

    • To convert credits into tokens, select the “Convert Credits to $STOP” option.

    • To convert tokens back into credits, choose the “Convert $STOP to Credits” option.

  3. Follow In-App Prompts: Once an option is selected, you will be guided through a clear, step-by-step process that confirms the amount to be converted. The user interface is designed to ensure accuracy and efficiency.

  4. Confirmation and Integration: After completing the prompts, your conversion is processed automatically. You will receive a confirmation, and your wallet balance will update to reflect the new allocation—whether that is an increase in credits or $STOP tokens.

Key Benefits

  • Direct, Seamless Integration: The conversion processes occur entirely within the LETSTOP ecosystem, eliminating the need for third-party exchanges and ensuring a secure, frictionless experience.

  • Scalable Rewards: Since the conversion operates on a 1:1 ratio, the benefits multiply with your accumulated credits. The more credits you hold, the more tokens you receive, enhancing your potential for participation within the ecosystem.

  • Bi-Directional Flexibility: Users are empowered with a two-way conversion system. Whether you wish to leverage your credits into tokens for broader participation in ecosystem features or revert tokens back into credits, the process is designed to offer maximum flexibility.

  • Enhanced Engagement: This mechanism not only rewards active participation but also incentivizes users to build up their credits. By holding more credits, users unlock a proportional increase in tokens, ensuring that ongoing engagement and safe behaviors are continually recognized and rewarded.

Last updated 23 days ago

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