Quick Guide to PowerPod
  • 👋Welcome to PowerPod
  • 🚩Challenge and Opportunities
    • Energy Revolution
    • Our Mission
    • Everyone can join.
    • Why Decentralized?
    • Why Now?
    • What is PowerPod?
  • 🔋PRODUCTS AND SERVICES
    • Smart Hardware
      • Design Concept
      • Start Charging
      • 📟PowerPod Pulse I
        • Specifications
        • Manuals
        • Frequently asked questions
    • Virtual Power Plant
      • VPP4E-motorcycle
      • VPP backed by ZKRB
    • 📱App
  • ⚡share2earn
    • Tools Needed
    • Share It
      • Share Your Charger
      • Payment Settlement
  • 💚rewards
    • What is Energy Point ($PT)
    • What is PowerPod Token ($PPD)
    • Medal/Card System
  • 🦪Participate In governance
    • Proposals and Voting
  • APPENDIX
    • Definition
    • Clarification on Examples
    • 🖥️Links
  • Terms of Service
  • Privacy Policy
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Payment Settlement

Plan:

After completing the charging in sharing mode, a fiat currency bill will be generated based on the price set in advance by the owner of the charging station. The system will add 5% to the base price as a network fee. The network fee is not submitted to any third party, but is destroyed in real-time from the $PPD staked by the provider of the charging station, corresponding to the price.

Example: John, as the owner of the charging station, sets a rate of $1 per kilowatt-hour during the 12am-6am time period. Anthony charges 30 kilowatt-hours using John's charging station during this time period. At the end of the charging session, the system automatically generates a bill of $30 * 1.05 = $31.5, that's how much Anthony needs to pay to John . After receiving $31.5, John settles by destroying $PPD worth $1.5 from his previously staked $PPD at real-time prices.

Since we have not yet started producing the $PPD, we have simplified the above process and will deduct 5% of your $USDT transaction as network fees.

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Last updated 7 months ago

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