[01] The System

How Ayedex Works

[01]

Merchants Set Prices

Merchants manually price goods and services in KnexCoin on their POS terminal. Each price creates a SELL order on the exchange.

[02]

Customers Buy

Customers pay at merchant prices using KnexPay wallet. NFC tap-to-pay. Each purchase creates a BUY order. Completely feeless.

[03]

Price Discovery

Aggregate merchant pricing across the network creates the real-time KnexCoin market price. Commerce transactions carry heavier weight.

Key Insight: Unlike traditional exchanges where speculators determine price, Ayedex lets real commerce set the value of KnexCoin. What can it actually buy? Now you'll know.

[02] Sell on Ayedex

For Merchants

Feeless for Merchants. Transparent for Everyone.

0% Transaction Fees

Powered by Proof-of-Bandwidth consensus. No processing fees, no hidden costs. Keep 100% of every sale.

NFC Tap-to-Pay

NTAG 424 DNA contactless hardware. Customers tap their phone, payment settles instantly. Works even offline.

Heavier Price Weight

Your commerce transactions carry more influence on the KnexCoin market price than speculative trades. Real commerce matters.

Smart POS Terminal

Set your own prices manually in KnexCoin. Not a fiat conversion — you decide what your goods are worth in KNEX.

B2B Commerce

Buy from other merchants on the network. Supply chain transactions feed the price discovery engine. Circular economy enabled.

Instant Settlement

No waiting for bank transfers or processing delays. Transactions settle on KnexCoin's Proof-of-Bandwidth network in seconds.

Three-Tier Merchant System

Your reputation determines your influence on price discovery

BASIC

Minimal Weight

Permissionless signup
Start accepting KNEX immediately
Subject to anomaly detection
Lower influence on price discovery

VERIFIED

Moderate Weight

Identity verified
Reduced attenuation on transactions
Medium influence on price discovery
Priority support

ESTABLISHED

Maximum Weight

Verified + transaction history
Time-weighted reputation
Highest influence on price discovery
Anchor merchant status

[03] Buy on Ayedex

For Customers

KnexPay Wallet

Self-custody wallet available as CLI, Chrome Extension, and Progressive Web App. Your keys, your coins. Tap your phone to pay at any Ayedex merchant.

Price Transparency

See exactly what merchants are charging across every category. No hidden spreads, no middlemen, no surprise fees. The price you see is the price you pay.

Real-World Value

Know what KnexCoin can actually buy in the real economy. Commerce prices answer the only question that matters: "What is it worth?"

View Live Prices

KnexPay Connected

Balance 1,250.00 KNEX Reference: $0.50/KNEX

Coffee Shop -8.50 KNEX

Electronics Store -124.00 KNEX

Received +500.00 KNEX

[04] The Innovation

Dual Price Feed

Two prices. One truth. Commerce always wins.

SPOT

$0.52

Most recent transaction price (any type)

Standard Weight Updates per transaction

VS

REFERENCE

$0.50

Commerce-weighted rolling average (last 100 commerce transactions)

Commerce-Weighted Merchant-anchored stability

Why Commerce-Weighted Is Better

Price driven by speculation

Price driven by real commerce

Volatility from traders

Stability from merchant consensus

"What can I trade it for?"

"What can I buy with it?"

Fees on every trade

Feeless for merchants

Whales move the market

Merchants anchor the price

Speculative Trading Side

Ayedex also includes a standard order book for buying/selling KnexCoin with a micro-fee of 0.1%-0.5% per trade. These speculative trades carry lighter weight in price discovery, providing liquidity and arbitrage while keeping commerce as the price anchor.

[05] Security

Anti-Manipulation

Free market preserved. Bad actors attenuated.

01

Anomaly Detection

Algorithmic outlier detection identifies suspicious pricing patterns in real-time. Transactions that deviate significantly from the reference price are flagged automatically.

02

Attenuation, Not Blocking

Suspicious transactions are never blocked. They're attenuated — given less weight in price discovery. The free market is preserved while manipulation is dampened.

03

Reputation Scoring

Three-tier merchant system (Basic / Verified / Established) weights merchants by trustworthiness and transaction consistency over time.

04

Public Dashboard

All anomaly detections are transparent. Anyone can audit the system, review flagged transactions, and verify the integrity of the price feed.

Anomaly Dashboard

System Healthy

3 Flagged (24h)

147 Reviewed (24h)

98.2% Clean Rate

$0.002 Max Deviation

[06] The Stack

Ayedex Ecosystem

KnexCoin

Layer 1 Blockchain

Proof-of-Bandwidth consensus mechanism. Native feeless cryptocurrency powering the entire ecosystem.

knexcoin.com →

KnexPay

Payment Infrastructure

Sole customer payment method. POS terminal for merchants. CLI, Chrome Extension, and PWA wallet for customers.

knexpay.com →

KnexMail

Web3 Messaging

Hex-tagged email notifications for receipts, alerts, and merchant settlements. Decentralized communication layer.

knexmail.com →

NFC Hardware

NTAG 424 DNA

Contactless tap-to-pay hardware for physical merchant locations. Cryptographically secure, offline-capable payments.

[07] Real-Time Data

Live Price Feed

What can KnexCoin actually buy? Now you'll know.

Spot Price

$0.5200

+2.4%

Last transaction (any)

Reference Price

$0.5000

+1.8%

100-txn commerce avg

Category Breakdown

See what KnexCoin buys across the real economy

Food

$0.4800

342 txns

Retail

$0.5100

218 txns

Services

$0.4900

156 txns

Electronics

$0.5300

89 txns

Hospitality