Service Price Calculation
In service template, merchants define base price and discount coefficient of different service duration domains. Currently system only support VSYS coin and token which defined by mechant and issued on VSYS blockchain as settlement currency.
Definition
t: Serve time
p: Service base proce
: Discount coefficient in service duration domains
: Exchange rate between VSYS Coin and token issued on VSYS blockchain
Order Price Calculation
When t is within service duration domains of coefficient
Order Price = t * p *
Remaining Price Calculation when User Request Refund
Service Unit Price = Order Paid Amount / Service Duration
Refund Token Amount = （Service Unit Price * Remaining Service Duration - 0.1）*
0.1 is the transaction fee, and payment is VSYS coin.