ABOUT

As the CEO of PYRAbarter.com, I am incredibly proud of the groundbreaking platform we have created. PYRAbarter.com is revolutionizing the way businesses transact by leveraging the power of PYRA tokens on the Algorand blockchain network. Our innovative platform enables businesses to seamlessly exchange goods and services, fostering a mutually beneficial barter ecosystem.

                                                                                      PYRA Token Barter Credit

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PYRAbarter.com employs Algorand-based PYRA tokens, each possessing a Barter Credit (BTC) value of 5000, equivalent to $5,000 for taxation, mathematical, and trading purposes. This clearly defined valuation ensures transparency and facilitates accurate accounting practices.

                                                                             Transaction Fees and Tax Implications

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At PYRAbarter.com, we understand that businesses always seek ways to save money. That's why we've implemented a tiered fee structure that is significantly lower than traditional payment processors. This ensures that PYRAbarter.com can continue to operate and provide businesses with the innovative tools they need to succeed.  For facilitating your trading we bill at the following rates annually.  Remember, your total "send" transactions of PYRA X $5000 = your tax burden as income.  Our transaction fees are separate from your IRS tax responsibilities.

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    Transaction Fees

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1. Up to $5,000: 1.0% fee, $50 maximum fee

2. $5,001 - $25,000: 0.75% fee, $37.50 minimum fee, $187.50 maximum fee

3. $25,001 - $100,000: 0.50% fee, $125 minimum fee, $500 maximum fee

4. $100,001 - $500,000: 0.35% fee, $350 minimum fee, $1,750 maximum fee

5. $500,001 - $1,000,000: 0.25% fee, $1,250 minimum fee, $2,500 maximum fee

6. $1,000,001 - $5,000,000: 0.15% fee, $1,500 minimum fee, $15,000 maximum fee

7. $5,000,001 - $10,000,000: 0.12% fee, $6,000 minimum fee, $12,000 maximum fee

8. $10,000,001 - $50,000,000: 0.10% fee, $10,000 minimum fee, $50,000 maximum fee

9. $50,000,001 - $100,000,000: 0.08% fee, $40,000 minimum fee, $80,000 maximum fee

10. $100,000,001 - $500,000,000: 0.06% fee, $60,000 minimum fee, $300,000 maximum fee

11. $500,000,001 - $1,000,000,000: 0.04% fee, $200,000 minimum fee, $400,000 maximum fee                     

12. $1,000,000,001: 0.01% fee, $100,000 minimum fee

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In addition to our competitive fee structure, PYRAbarter.com offers a host of other benefits to businesses, including:

• Seamless barter transactions

• Enhanced liquidity

• Security and transparency

• FREE ALGO for GAS                                                      

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                                                              Relationship with PYRAmidion Cryptocurrency LLC

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We are proud to partner with PYRAmidion Cryptocurrency LLC.  They have entrusted our company with 100 Billion PYRA tokens for consignment. These tokens are issued with your paid memberships and are used at 5000 Barter Credit (BTC) each in the PYRABarter trade network.

For more detailed information regarding PYRAmidion Cryptocurrency LLC, please refer to their LIGHTpaper available on their official website.

                                                                                               Conclusion

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PYRAbarter.com is a revolutionary platform that is changing the way businesses transact. Our platform is secure, transparent, and user-friendly. We are committed to providing businesses with the tools they need to succeed.

I invite you to join us on this journey by creating a PYRAbarter.com account today.

Sincerely,

Damon D. Danner

CEO, PYRAbarter.com