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Supported Tokens

Pybara supports multiple tokens on the Internet Computer, all using the ICRC-1 token standard.

Available Tokens

Section titled “Available Tokens”

ICP (Internet Computer Protocol)

Section titled “ICP (Internet Computer Protocol)”
  • Symbol: ICP
  • Decimals: 8
  • Network: Internet Computer
  • Use Case: Native IC token, governance, staking
  • Transaction Fee: 0.0001 ICP

ckBTC (Chain-Key Bitcoin)

Section titled “ckBTC (Chain-Key Bitcoin)”
  • Symbol: ckBTC
  • Decimals: 8
  • Network: Internet Computer (backed 1:1 by Bitcoin)
  • Use Case: Bitcoin on IC with fast, cheap transactions
  • Transaction Fee: 0.0000001 ckBTC (10 satoshis)

ckETH (Chain-Key Ethereum)

Section titled “ckETH (Chain-Key Ethereum)”
  • Symbol: ckETH
  • Decimals: 18
  • Network: Internet Computer (backed 1:1 by Ethereum)
  • Use Case: Ethereum on IC with fast, cheap transactions
  • Transaction Fee: 0.000002 ckETH

ckUSDT (Chain-Key USDT)

Section titled “ckUSDT (Chain-Key USDT)”
  • Symbol: ckUSDT
  • Decimals: 6
  • Network: Internet Computer (backed 1:1 by USDT)
  • Use Case: Stablecoin payments
  • Transaction Fee: 0.01 ckUSDT

ckUSDC (Chain-Key USDC)

Section titled “ckUSDC (Chain-Key USDC)”
  • Symbol: ckUSDC
  • Decimals: 6
  • Network: Internet Computer (backed 1:1 by USDC)
  • Use Case: Stablecoin payments
  • Transaction Fee: 0.01 ckUSDC

What Are Chain-Key Tokens?

Section titled “What Are Chain-Key Tokens?”

Chain-key tokens (ck*) are tokens on the Internet Computer that are backed 1:1 by their native blockchain equivalents:

  • ckBTC is backed by real Bitcoin
  • ckETH is backed by real Ethereum
  • ckUSDT is backed by real USDT on Ethereum
  • ckUSDC is backed by real USDC on Ethereum

Benefits

Section titled “Benefits”
  1. Fast — Transactions confirm in seconds, not minutes
  2. Cheap — Transaction fees are minimal (< $0.01)
  3. Redeemable — Can be converted back to native tokens anytime
  4. Secure — Backed by cryptographic threshold signatures

How It Works

Section titled “How It Works”
  1. User deposits native token (e.g., Bitcoin) to a canister-controlled address
  2. Canister mints equivalent ck* token (e.g., ckBTC) on IC
  3. User can transact with ck* token on IC with low fees
  4. User can redeem ck* token back to native token anytime

Token Selection

Section titled “Token Selection”

Merchants can configure which tokens to accept:

  • All tokens — Maximum flexibility for customers
  • Specific tokens — Limit to preferred tokens (e.g., only stablecoins)
  • Single token — Simplest setup (e.g., only ICP)

Exchange Rates

Section titled “Exchange Rates”

Pybara automatically converts fiat prices to crypto amounts using real-time exchange rates:

  • Rates are fetched from multiple sources
  • Prices update every few minutes
  • Customers see the exact crypto amount before payment

Next Steps

Section titled “Next Steps”