BYK STATION

BYK STATION is a key system in charge of payment and transaction of virtual assets within the platform, such as the settlement of platform and sellers, reward management through BYK STAKING deposited by advertisers, and maintenance of SWAP POOL.

The core features can be summarized as follows:

• BYK settlement, payment, and remittance management between seller and platform

• Management of BYK for rewards received from advertisers and execution of transactions

• Maintain stablecoins and BYK SWAP POOL

• Verification and reward for block creation

The most important part of settlement and remittance through virtual assets is the price fluctuation of the virtual assets that will be utilized on the platform. The reason most platforms use stable coins to form token economies and operate payment platforms is that if price fluctuations are too large, losses and gains are severely divided the moment users exchange assets for fiat currency. Therefore, the BYK PLATFORM will use BYK, a platform-specific cryptocurrency with a minimum value fixed downward.

If the minimum value of BYK is not guaranteed, the NEEDS to use BYK within the platform will decrease, and if the usability decreases, the existence of BYK will become unclear. Therefore, BYK PLATFORM will provide MOTIVATION to sellers through BYK STATION and preserve the value of BYK it possesses.