ApayXLM ($AXLM) is a 1:1 backed XLM token. 
For every ApayXLM token one (1) $XLM is going to be stored in the order book and liquidity pool. ApayXLM helps to keep value within Authentic-Payment, expanding the ecosystem, creating new earnings and adding new concepts for implementation.

Move your ApayXLM acros the Stellar blockchain and hold them in your favourite wallet while being able to claim your XLM back or pool them with $Apay or $ACT for hourly airdrops. 

We’ve putted the further minting on hold, moving to a EURO pegged token.
we keep the orderbook set 1:1 with XLM but locked the issuer address so no more can be minted.
remaining AXLM keep being used and maintained until the full supply is out, the peg then will be free from the 1:1 rate with XLM but keeps 1 for minimum value.

We do keep the peg and create additional utilities using AXLM to facilitate our DeFi and Unbanking strategies & solutions and as an acceptance of payments.
more is in store for AXLM and it can fit into multiple concepts and real world usage.