🔷 EuroPal White Paper
A Euro-Backed Stablecoin for Africa-Europe Economic Integration
Version: 2.0
Date: June 2025
Issued by: JOHNLEE TRADECORP Romania SRL
In Collaboration with: UniCredit Bank Romania, AfriChain, EuroChain, EuroSwap, Kingdom of Olodumare DAO
Abstract
EuroPal (€PAL) is a Euro-pegged, fully reserved stablecoin designed to catalyze Africa-Europe economic integration. Issued by JOHNLEE TRADECORP Romania SRL, it is anchored in €10M UniCredit promissory notes and €62B Bitcoin (watch-only) reserves, ensuring fiat trust and crypto-native transparency. EuroPal is a next-generation monetary tool for trade, remittances, and financial inclusion.
1. Vision & Mission
Vision:
To create the first sovereign-grade, regulatory-aligned digital Euro for seamless financial connectivity between Europe and Africa.
Mission:
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Deliver a fully stable, transparent Euro token
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Enable fast, low-cost remittances and cross-border payments
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Serve as the primary settlement layer across African CBDCs and DeFi networks
2. Problem Statement: Cross-Border Transaction Inefficiencies
| Challenge | Impact |
|---|---|
| High FX volatility | Value erosion for SMEs and exporters |
| SWIFT-based delays | 3–5 day settlement times; high liquidity cost |
| Expensive remittances | Up to 10% fees; financial exclusion |
| Lack of Euro DeFi | Limited access to Euro liquidity in Africa |
EuroPal directly addresses these challenges by:
✅ Instant settlements via EVM chains
✅ Fees reduced to under 1%
✅ Euro exposure without dependency on local banks
3. Solution: EuroPal’s Dual-Reserve Hybrid Model
3.1 Reserve Structure
| Reserve Asset | Value (EUR) | Function |
|---|---|---|
| UniCredit Promissory Note | €10M | Institutional fiat backing |
| Bitcoin (Watch-only) | €62B | Decentralized transparency |
| Future Instruments | TBD | Sovereign bonds, tokenized assets |
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Token Standard: MiCA-compliant ERC-1400
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Networks: Ethereum (L1), Polygon & Arbitrum (scaling)
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Audits: CertiK, OpenZeppelin
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Interoperability: Native support for AfriChain ecosystem
4. Tokenomics & Governance
4.1 Supply Mechanics
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Initial Supply: 10M–50M €PAL
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Max Supply: Dynamic, based on collateral reserves
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Mint/Burn Controls: Via licensed institutional actors only
4.2 Token Allocation
| Category | Allocation | Use Case |
|---|---|---|
| Circulating Supply | 40% | Liquidity, OTC, DEXs |
| Treasury Reserves | 30% | Peg support, risk buffer |
| Strategic Partners | 10% | CEXs, banks, PSPs |
| Dev Grants | 10% | DApp, infra, ecosystem tools |
| DAO Treasury | 10% | Community governance |
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Phase 1: Centralized issuance under MiCA
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Phase 2: Decentralized governance via Olodumare DAO
5. Compliance & Audit Assurance
5.1 Regulatory Alignment
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MiCA-Compliant issuance
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Euro Reserves securely held at UniCredit Bank Romania
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KYC/AML for all on/off-ramp participants
5.2 Transparency
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Live Reserve Dashboard with BTC/Fiat proof
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On-Chain Logs for every mint and burn
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Monthly Audit Reports published by PwC Romania
6. Roadmap
| Timeline | Milestone |
|---|---|
| Q3 2025 | Testnet launch, CertiK audit, dashboard beta |
| Q4 2025 | Mainnet launch, institutional onboarding |
| Q1 2026 | Listings: Binance, Kraken, LSEG FX, Uniswap |
| Q2 2026 | EuroSwap , AfriChain wallet integration, validator rollout |
| Q3 2026 | Launch Olodumare DAO beta |
| 2027+ | CBDC bridges, EuroPal-backed trade instruments |
7.1 Remittances
💶 Nigerian expatriate in Germany sends €PAL home via MetaMask for <1% fees—saving over €500/year.
7.2 Trade Finance
🚢 Ghanaian cocoa exporter receives EuroPal directly into wallet—instantly verifiable by customs and buyers.
7.3 DeFi Integration
💸 Stake or lend €PAL on DeFi protocols or use as collateral across Olodumare DAO’s liquidity pools.
8. Conclusion
EuroPal is more than a stablecoin—it's a cross-continental economic rail, designed to bring together Europe's stability and Africa's opportunity. By marrying regulatory-grade asset backing with decentralized architecture, EuroPal builds the future of inclusive digital finance.
Let’s create borderless prosperity—together.
📬 Contact
JOHNLEE TRADECORP Romania SRL
📍 Bucharest, Romania
Email: johnlee.tradecorp.romania@gmail.com
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