New Auto-Buy and Auto-Sale applications

It’s time to let your phone start working for you! Upgrade to Fonbnk’s AutoBuys and begin to automate your swaps 24/7. This new development will automatically fulfill your swaps for you so that you no longer have to manually accept each swap. You can now keep earning even while you sleep! When a user requests a swap from you and you have the Auto-Buy app running, your phone will automatically confirm whether you have received the airtime or not, it will then confirm or reject the swap accordingly.

There are two new companion apps for Verified Market Makers in good standing – the previously mentioned Fonbnk Auto Buys as well as Fonbnk Auto Sales! The Auto Sales app will help you automatically resell the airtime that you’ve gained from your swaps. You will be able to begin earning USDC and MIN by reselling the airtime you’ve earned from swaps. You get to choose which swap is resold at any given time.

We created these two companion apps to worth together in harmony and allow an easier way for Market Makers to process their transactions and subsequently resell the airtime all in one convenient ecosystem.

Below is a table demonstrating the benefits and basics of each market maker app.

	Market Maker	Auto Buy	Auto Sales
How it Works	Manually confirms swap and manually resells airtime.	Set up as many swaps as you want and enjoy automatic approval and completion.	List your completed swaps for resell and enjoy a simple and automated process.
Benefits	Earns discounted airtime.	Enjoy the benefits of being a market maker without having to be near your phone!	Sell your earned airtime easily at good rates. Earn in USDC and MIN!
Requirements	Must be a user in good standing who has fulfilled all requirements.	Must be a Verified Market Maker.	Must be a Verified Market Maker.

For BOTH apps:

You will receive an email to access the new apps. We will be using “Firebase App Distribution” to facilitate the downloading of the apps. Once you get the initial email and login you should subsequently receive access to download the apps.

The apps will ask you to turn on an accessibility setting, and accept this change. You can always turn it off in the future if you need to, but the app will require it.

How the Auto Buy app works:

AMM

The AMM app has been created for market makers to automate their swap confirmation by matching receiving SMS with swaps, if the app is running in the background. This app has all of the features that are needed to be a market maker such as::

1. Auto confirmation of the swap activities
2. Show swap activity statistics with the matched SMS
3. Manual confirm / reject the activity if any failure of auto match service
4. Show all the SMS of carrier
5. Manage swaps by create/edit/view

Here is the detailed description of the pages:

1. Activity Page: This page will show all of the activities performed by users on swaps created by market makers. It will show the activity detail and matched SMS with confirm / reject buttons if the SMS does not auto match.

This will show the swap details, buyer information with matched SMS (if any)

1. SMS Page: This page will show all of the SMS that is received by the market maker’s carrier, so that the market maker can confirm their proof of transactions.

• My Swaps Page: This page will help market maker’s to manage their swaps. On this page the market maker can create / edit / view the swaps with full details. Here is a detailed description of the process:
• View Swap: This is the first page of this tab, here market makers can see all of their swaps with the statistics chart like how much this swap has been fulfilled. Additionally this page offers market maker the ability to filter swaps as well by clicking on the `Filter` button.

1. Create Swap: Using this screen market maker can create his swap just like in the main app.

1. Swap Details: On this page the market maker can see all of the details related to the swap with a list of activities on that particular swap.

Market makers can edit the swap exchange rate by clicking on the edit button or they can generate the swap QR code that they can share with various social networking sites.

1. Edit Swap: On this page, the market maker can update the exchange rate if they would like to update the swap.

1. Profile: This page is used to show market makers information with an option to enable / disable the background processing. By using this option the user has the ability to enable automatic confirmation of swaps by reading the received SMS of the carrier. If the market maker thinks that this feature does not work well then he can disable it.

1) Ensure the Auto Buy app is running

2) Set up the swap you want to automatically sell

3) Enjoy the discount airtime flowing into your phone!

Top Up App

The Top Up app has been created to resell the airtime earned as a Market Maker for a profit. When a market maker earns airtime by using the AMM app, Fonbnk can help resell their earned airtime using this app.  Market Makers just need to login into the app and they will see their completed swap that they are able to resell. You will only be able to resell at a profitable rate. Here are the main highlights of this app.

1. Automatically send airtime to buyers who have requested top ups from the main app.
2. Claim earnings
3. Resell earned airtime
   

Here a detailed description of the pages:

Transactions Page:

This page will show all of the transactions done by the top up app. It will show the status of the transaction and how much airtime is debited as well as how much MIN has been credited into the account. From this page the user can also claim his earnings. When a user clicks on a particular transaction, the user can see completed details of the transaction with the related Swap.

Swaps for Resale:

This page is used to resell a Market Maker's earned airtime. This page will show a list of the completed swaps and if the swap is profitable then the user will be able to resell the airtime by clicking on the “Resell” button.  It will show the user the status of the swap, what percentage of completion the swap is at, and also the approximate profit they can earn. By clicking on a particular swap, the user can see complete swap details with related transactions done on it.

Profile Page:

This page will show the Market Maker's user details. The Market Maker may also update his transaction PIN, if the carrier requires a PIN for the transaction. Additionally the Market Maker can enable the ability to allow topup requests, if the user disables it then the app will not accept any top up request. The user can log out from the app as well from this screen.

How the Auto Sales app works:

1) Complete a swap within the app

2) Go into the Auto Sales app and click on “Resale” next to the swap you have completed and want to resell. Alternatively, you can press on the MIN amount of a swap and you will go to a tab presenting you with swap details, you can click on “Resale” in this screen as well.

3) Click settings at the top of the screen, turn on “Activate Reselling Process”

4) Please note that once you begin the Resale process you will occasionally see your phone sending airtime to facilitate the process.

5) Once transactions are processed they will show up in your transactions tab for you to view.

6) Enjoy earning MIN and USDC automatically!

The Auto-Sale app will ONLY resell the amount of airtime you received for swapping.