Across LATAM, merchants who accept Visa and Mastercard often wait two business days (T+2) to see their money.
For a small shop, that delay can mean empty shelves or missed sales cycles — a silent drag on growth.
Instant payout options do exist, but they usually charge around 4.00% per sale, which quickly eats into margins. In the end, most merchants choose to wait instead of paying that premium.
conomy_hq, a licensed PSP, operates Aion-Fi, a hybrid on/off-chain protocol built on Stellar.
Through a shared USDC pool funded by DeFi users, exchanges, and eventually institutions, Aion-Fi delivers same-day CLP liquidity to merchants and automatically offsets those advances when card settlements clear around T+2.
Because conomy_hq already holds the underlying receivables, the process is fast, fully collateralized, and programmatically settled.
Aion-Fi offers the same instant-settlement service for roughly 3.20%, compared to around 4.00% in the market.
From this spread, the protocol’s liquidity pool earns about 0.68% per two-day cycle (before a 3.00% AUM fee), while processing costs remain 2.52% all-in.
In simple terms: merchants save more, and liquidity providers earn steady, verifiable returns — both powered by real payment flows
Merchants (card-accepting businesses in Chile) opt into Instant Payout with Conomy_hq (the PSP). Investors supply USDC to the on-chain aion-fi Pool on Stellar (optionally complemented by a junior “Backers” tranche and external Auditors in later phases). The protocol targets weekly liquidity for LPs and keeps a 10% buffer for orderly redemptions.These merchants draw same-day advances in CLP against their card sales. When advance demand exists, the pool converts USDC → CLP via regulated off-ramps (with optional USD/CLP forward coverage). Conomy_hq, as PSP, pays out to the merchant that day, net of processing and the instant-payout fee. The pool earns 0.68% per 2-business-day cycle on deployed capital (net to pool, before the 3% AUM fee), while merchants pay 3.20% total for the service (vs ~4.00% in the market). Under conservative deployment and cost assumptions (incl. FX, on/off-ramp frictions, a 10% reserve, and weekly liquidity cadence), this compounds to an expected net APY of ~23.28% for LPs.Repayment is self-liquidating: card settlements (Visa/Mastercard) arrive ≈T+2 and land first in Conomy_hq’s PSP account, where the protocol automatically offsets the prior advance and recycles capital. Risk is contained by PSP-first custody of receivables, advance caps tied to each merchant’s last-3-month average daily sales, exposure limits ≤5% of the pool per merchant, and the 10% liquidity reserve. In this way, aion-fi delivers the global crypto liquidity of USDC to real-world merchants while leaving origination, underwriting, and servicing to the PSP best positioned to run those rails.Operational mix: Phase 1 anchors off-chain KYB, FX off/on-ramp, and banking rails, with on-chain pool accounting and references for each advance/repayment. Phase 2 adds a USD/CLP oracle and disclosed forwards; Phase 3 introduces on-chain hedging.
