Stablecoins Integration

Konnex is a robot‑native network where every task, escrow, penalty, and reward settles in stablecoins by default. Stablecoins provide a predictable payment rail for machine commerce, while KNX remains the network token for validator security, governance, and fees.

Role Split: Stablecoins vs KNX

  • Stablecoins — settlement currency for escrows, payouts, penalties; supports fiat on/off‑ramps and cross‑chain liquidity.

  • KNX — staking, governance, and network fees; a small fee from stablecoin flows is auto‑swapped to KNX (buyback/treasury).

Contract Settlement Types (Stablecoin‑Native)

  • Fixed‑price — escrow a single stablecoin amount and release on success.

  • Metered — usage‑based debits (seconds, meters, frames) from escrow.

  • Milestone — staged stablecoin releases across checkpoints.

Minimum task fields: rewardStable, stakeStable, deadline, penaltyStable, PoPW requirement bound to JobID.

PoPW‑Linked Settlement & Penalties

  1. Lock — payer funds on‑chain stablecoin escrow.

  2. Perform — executor records sensor evidence (GPS, camera, IMU, torque, temperature).

  3. Prove — submit PoPW bundle referencing JobID and deadline.

  4. Verify — validators publish a ScoreRoot (pass/fail + metrics).

  5. Settle — on pass, release stablecoins; on fail, apply penaltyStable and refunds (fees in KNX).

Multi‑Token Staking & Robotic Bonds

  • KNX stake — aligns executors with validator security and enables slashing.

  • Stablecoin bond — compensates counterparties for non‑performance.

Third‑party stakers can supply stablecoins to robotic bond pools and earn yield, with risk priced by reputation. Required stablecoin stake roughly scales as S = kappa / sqrt(T) where T is trust score.

Cross‑Chain Liquidity

Stablecoins from other chains can be bridged into Konnex via approved routes. Tasks are chain‑agnostic to source funds.

Card On/Off‑Ramp

  1. Charge — pay with card in app.

  2. Mint — processor converts fiat to stablecoins to the payer’s Konnex address.

  3. Escrow — stablecoins locked in the task contract.

  4. Payout — after PoPW verification, stablecoins are released.

  5. Redeem/Spend — spend via card, redeem to bank, or reuse on‑chain.

Compliance by Design

  • Optional KYC/AML gates (market/DAO configurable).

  • Full audit trail of packets, PoPW, and stablecoin flows.

Developer Surface (API Sketch)

  • lock(jobId, rewardStable, stakeStable)

  • prove(jobId, PoPWBundleRef)

  • settle(jobId)

  • bond(jobId, amountStable)

Economics & Fee Flywheel

  • Stablecoins for users, KNX for the network.

  • Auto‑buyback: small fee on stablecoin flows swaps to KNX for treasury/burn.

Key Metrics

  • Latency: prove → stablecoin release (target single‑block after validation).

  • Disputes: <1% and auto‑resolved.

  • Velocity: avg stablecoin tx/robot/day.

  • Card share: tasks funded via on‑ramp.

  • Collateral efficiency: required stakeStable falls as trust T rises.

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