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Stellar Vault (XLMV): What is Stellar Vault?

The Stellar Vault token (XLMV) is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, XLMV payments are sent directly from one person to another. As a permissionless, decentralized cryptocurrency, XLMV requires no trusted third parties and no central bank. Unlike traditional fiat money, XLMV does not depend on monetary middlemen such as banks and payment processors. Transactions cannot be censored by governments or other centralized corporations. Similarly, funds cannot be seized or frozen — because financial third parties have no control over the Stellar Network. 

What are Stellar Vault tokens used for?

XLMV combines gold-like scarcity with the spendable nature of cash. With a limited total supply of 21 million tokens, Stellar Vault is provably scarce and, like physical cash, can be easily spent. Transactions are fast with transaction fees typically less than a tenth of a cent. Anybody can accept XLMV payments with a smartphone or computer. Stellar Vault tokens have various use cases. In addition to peer-to-peer payments between individuals, XLMV can be used to pay participating merchants for goods and services in-store and online. Very low fees enable new micro-transaction economies, such as tipping content creators and rewarding app users. XLMV also reduces the fees and settlement times for remittances and cross-border trade. Other use cases include smart contracts (courtesy of the Stellar Network Protocol), and private payments with tools such as stellar vend for merchant/payment use, liquidity mining (following protocol 18 update), and earning interest yields on exchange platforms (upcoming development). XLMV is primarily intended as a store of value comparable to Bitcoin, but without the high transaction costs, and slow transaction speeds. Also, XLMV is eco friendly and readily swappable or pooled (following protocol 18 update)with over 55,000 assets on the stellar ledger, or for XLM, which in turn can be traded on over 300 exchanges around the world (not including upcoming Moneygram inclusion). As supply sales are matched in quantity for liquidity pool allocation, ultimately (over time), an estimated 8,925,000 XLMV will reach the liquidity pool directly from the Genesis account to back all hodlrs. That's nearly 43% of the total supply.