Investopedia explains 'Lewes Pound'
One Lewes pound is worth one pound sterling. There is a 5% transaction fee (5 pence) associated with acquiring Lewes pounds. The 5% goes to the Live Lewes Fund, which supports local community organizations.
Because it is not intended to replace the pound sterling, but rather to function alongside it, the Lewes pound is considered a complementary currency. It is legal for merchants to transact in Lewes pounds, but the currency is not legal tender, so merchants do not have to accept it. Some merchants offer discounts to customers who pay with Lewes pounds.
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