ATLOS Token

ATLOS token is a utility token that can be used to pay commission fees for payment processing. It is a stable coin with value pegged to 1 US dollar.

Why Use ATLOS Token?

Merchant, who pay commission fees with ATLOS token, can receive up to 50% discount. The token also provides other benefits.

How to Receive the Discount

There are two ways to earn the discount:

1. Process a certain amount of volume with fees paid with token
2. Stake a certain amount of token

The discount is computed as a multiplier times the sum of commissions paid with token and the amount of staked token. Thus, even if you are a new merchant, you can receive the discount immediately if you buy and stake a certain amount of token.

Note that only the transactions with commissions paid with token counted towards the eligible transaction volume. If you processed a certain amount of volume, but the fees were not paid with token, they are not counted.

How Much Is the Discount

There is no discount for the first 10,000 of a sum of fees paid with token and staked token. After the first 10,000, the discount grows linearly and reaches its maximum at 100,000 of a sum of fees paid with token and staked token. The maximum discount is 50%.

Save on Gas

Paying commissions in ATLOS token allows your customer to save on miner fees (gas). Usually, when a user makes a payment, we have to execute two token transfers, one for the principal amount and one for the commission fee. If the merchant staked ATLOS token, instead of executing the transfer for the commission fee, we can simply decrement the balance of the merchant's ATLOS token. This optimization can save up to 40% in miner fees for your users.

Priority Support

Merchants, who either paid commissions fees or staked at least 1,000 of ATLOS token, will get priority support.

Free Custom Features

We often get requests for custom features from new merchants, who require these features in order to start processing. We will implement these custom features for them for free, if these merchants purchase a certain amount of our token. The exact amount will be determined on case by case basis depending on the complexity of the feature.

How to Buy ATLOS Token?

To buy ATLOS Token, login to the Merchant Panel and select "Buy Token."