The technical functionality of the S-Wallet application is backed by its inherent security, which relies on the storage of all data on servers using advanced security methods.

The security of users’ tokens and funds on S-Wallet is ensured by their storage on a single address with limited access to anyone other than the user. In addition, the security of the users’ funds on the account is ensured by 2FA protection methods, with email, Telegram, Google Authenticator and several other approaches made available. It is impossible to disable all of the given functions simultaneously to create a failsafe point of entry. Without at least two of the security methods enabled, the wallet will be made inaccessible.

The underlying algorithm of the centralized wallet will ensure that all the tokens that are transferred to users’ wallets after being credited to the wallet are transferred to the company’s secured wallets. After users send an application for the withdrawal of funds from these wallets maintained by the S-Wallet host company, the tokens will be transferred to the addresses specified by the users.

The SWP issuance algorithm will be applied after the end of the Public Sale, whereby 10% of all native SWP tokens will be sent to users’ addresses. Every 7 days, another 2.5% of SWP tokens will be issued to users’ addresses, until holders receive their tokens in full within 36 weeks.

The SWP staking Algorithm will be integrated into the S-Wallet, ensuring that users have access to the possibility of staking their native SWP tokens. After transfer to the staking protocol, users will have the right to lock their tokens for any period of time they select. Users will be able to unlock their tokens at any time. Weekly rewards will be issued to users who lock their tokens, based on their respective share in the total pool of staking coins.

The S-Wallet exchange algorithm will ensure that users have access to updates for all coins stored inside the S-Wallet. After submitting an application for an exchange, the wallet checks the balance of the pool of the received coins and conducts an exchange operation, depending on the recorded data. SWP tokens will be available on the UniSwap and Pancake exchanges, expanding their turnover and market availability.

All the functionality of the S-Wallet is shown on the picture below: