Detailed Issuance Plan
KONPAY desires to build a new payment service system that can improve the problems of high fees and long settlement cycles.
KONPAY is applying a 5% discount rate when paying with KON COIN to expand the network, attract affiliates, and do commission work through blockchain. As a result, we plan to operate a payment deposit so that merchants do not suffer losses from KONPAY price volatility at the time of settlement and payment. Therefore, the price volatility is reduced by converting the price into KRW that matches the value of KONPAY at the time the payment is approved, and the KONPAY is sold to users who want to purchase KONPAY again. Also, participants in charge of settlement at KONPAY will also be able to have their own payment deposit. After settlement in KRW, the deposit will be maintained in a 50:50 ratio between KRW and KONPAY.
CHECK OUR LINKS
📱 Xangle: https://xangle.io/project/KON/key-info
💡 Telegram Channel: https://t.me/Konpay_community
💻 Medium: https://konpay.medium.com/
📡 Gitbook: https://konpaywallet.gitbook.io