WePower WPR to SolarCoin SLR Exchange

Crypto Pair Details: WPR to SLR

WePower WPR

WePower enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. Energy tokenization standardizes simplifies and opens globally currently existing energy investment ecosystem. As a result energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates. Energy tokenization ensures liquidity and extends access to capital. The WePower blockchain solution is currently recognized by Elering, one of the most innovative Transmission System Operators in Europe.

SolarCoin SLR

Solarcoin is a Scrypt based alternative digital currency and its innovation comes from the secondary proof of work reward: the Solar Proof of Work. Green solar energy producers are entitled to receive one SLR for every MWh electricity generated. In order to claim a Solar Proof of Work reward, solar plant owners must submit 3rd party verified energy generation certificates such as a Solar Renewable Energy Certificate (SREC) or equivalent country specific documentation. All Solar Proof Of Work rewards will be stored as transactions in the blockchain. The supply of SLR comprises of the following: - The Mining Pool: 105 million Solarcoins (0.1%) to be publicly mined over the next 40 years. All publicly mined Solarcoins represent historically generated and unclaimed solar electricity. - The Generator Pool: 97.5 billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for Solar Proof of Work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy. - The Genesis Pool: 500 million Solarcoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total Solarcoin in circulation.

SOURCE: COINGECKO

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