❓ What problem does Payer solve?

⚙️ Payer is a smart contract deployed in Solana network, which allows exchange of fiat currency and cryptocurrency between two users without third-party involvement.

One of the most important problems Payer solves is decentralization for DeFi, GameFi, Non-custodial wallets, etc.

Centralized exchanges, exchangers have a number of risks:

🔐 You do not own your funds on centralized exchanges and exchanges, as you do not own the keys to your account.

🚫 Your funds can be blocked, frozen. Such cases have happened even on the best centralized exchange Binance (at the time of writing, Binance, number 1 exchange according to Coinmarketcap).

🔗 Centralized exchanges, exchanges are more prone to hacking.

How Payer solves the above risks:

⚙️ Payer has no access to your keys, hence cannot block your funds. The Payer smartcontract is open source, which is available for review on Github.

The community can check it for vulnerabilities and, if necessary, propose edits to the code. And the team also plans to have it checked by top auditing companies before deploying it on the main Solana network.