Paycer Protocol
3 min readJul 8, 2021


Paycer’s Mission: Mainstream Decentralized Finance

Greetings to all Paycers,

it’s the perfect time to join the Paycer community! We are making a lot of progress with our prototype, other crucial milestones and additional talent is joining our core team. Stay tuned for upcoming news and announcements. We would like to share our vision with you today so that you can better understand our intention and motivation.

The banking system is broken

Today a lot of people are losing their wealth year by year, because they lack the knowledge or will to invest their money properly. Not too long ago, it was possible to get around 5% or more interest on personal savings from a bank. But times have changed, however there is still a lot of money stored in bank accounts without interests and even with additional fees.

In Germany, most banks started to charge penalty interest of -0.5% per year if your deposit is above 50k EUR! This shows how broken the current financial system is. You don’t earn any return on your capital, even lose part of the value to inflation and still have to pay a fee to the bank.

Still relatively few people have invested in cryptocurrencies and even less have invested in DeFi or know of its existence. Cryptocurrencies are a countermovement to fiat money. Fiat money can be distributed by central banks in endless quantities. This is exactly why Satoshi Nakamoto invented bitcoin shortly after the financial crisis of 2008. Entering the crypto market has become much easier in recent years, but this also leads to a situation where inexperienced users can lose their money more easily. The DeFi market is changing, adapting quickly and especially for inexperienced users it’s quite hard to enter the market. For the majority of people dealing with new technologies is a big challenge anyway. Third parties are still needed to provide support and an additional security layer.

So, what will we do about it?

Paycer will offer a financial service that will allow anyone to earn a passive income. Therefore, Paycer has two main components — one is the Paycer protocol and the second is the Paycer platform.

The Paycer protocol is a mostly smart-contract-based protocol that aggregates decentralized finance (DeFi) protocols cross-chain, to create new investment products. Experienced crypto users can interact directly with the Paycer protocol to receive high and stable interest rates. But the main purpose of the Paycer product remains to provide high interest rates to inexperienced mainstream users. This is where the Paycer platform takes over! It will offer simple user interfaces and processes that hide all the complexity. This should allow everyone to generate a passive income in the DeFi domain. The starting point to use the Paycer platform will be fiat money, this will lower the barriers for new investors. But it won’t stop there — The Paycer team has a lot of ideas for future services and products, which will be developed once the platform and first services are in place.

Why choose Paycer?

  1. The Paycer protocol and platform are developed in Germany and will be fully regulated. Paycer has a very strong team with many years of IT and blockchain experience, which has already successfully completed many IT projects.
  2. Paycer will offer a product that can help to restore equity and financial independence.
  3. The Paycer platform will enable regular mainstream end users to generate passive income and increase their wealth in the long run. Interest-free money deposited in banks is a very large market that Paycer will address and therefore Paycer has a tremendous growth potential.

Paycer’s mission is to mainstream Decentralized Finance and enable everyone to earn high interest on savings.



Paycer Protocol

Paycer is a bridge protocol that aggregates DeFi services cross-chain and combines them with traditional banking services.