Glossary: 15 ToonPay Terms Every User Should Know

Introduction

ToonPay offers a wide range of features — and whether you're a first-time user or an affiliate marketer, it's important to understand the key terms. This glossary breaks down 15 essential ToonPay terms so you can navigate the ecosystem with confidence.

Glossary

1. ToonCard: The crypto debit card offered by ToonPay. Spend crypto globally online or in store.

2. $TOON: The utility and reward token of the ToonPay ecosystem. Used for cashback, staking, and bonuses.

3. Staking: Locking up $TOON to unlock tier rewards and generate daily passive income at 100% APY.

4. Auto-Stake: All cashback rewards are automatically staked for 365 days — compounding your earnings.

5. Tier System: User level based on $TOON staked, ranging from Access (0%) to Diamond (30% cashback).

6. Referral Program: Earn SOL, USDT, and TOON by referring users — up to 10 levels deep.

7. Spend Commission: Earn up to 1.2% USDT from your network's card transactions.

8. Leaderboard Rewards: Weekly rewards in SOL and TOON for top performers and referrers.

9. ToonDrops: Airdrops and surprise bonuses given to stakers or high-tier users.

10. ToonLotto: Weekly prize draws based on activity — with rewards in SOL and $TOON.

11. ToonSwap: ToonPay’s upcoming decentralized exchange (DEX) for token swaps.

12. Cashback: A percentage of your spending returned to you in $TOON — up to 30% at the Diamond level.

13. KYC: Know Your Customer. A $9/year identity verification step to access your ToonCard.

14. Virtual Card: A digital version of your ToonCard for immediate use after KYC.

15. Passive Income: Earnings that accumulate automatically — from staking, referrals, and spending.

Conclusion

Understanding ToonPay's ecosystem is the first step toward unlocking its full earning potential. Keep this glossary handy as you onboard new users, stake tokens, and grow your crypto income.

👉 Explore more at : https://toonpay.io