tfgrid/info_docs_depin
9
0
Fork 0
Code Issues Pull Requests Actions Packages Projects Releases Wiki Activity
main
info_docs_depin/docs/depin_specs/energy_networks/suncontract.md
mik-tf 2a8fc095e6 update
2025-01-13 09:50:53 -05:00

1.7 KiB
Raw Permalink Blame History

title description sidebar_position
Suncontract Detailed information about Suncontract 4

Suncontract

Overview

Suncontract is a decentralized energy trading platform that allows users to buy and sell renewable energy directly from each other. It leverages blockchain technology to create a peer-to-peer energy marketplace.

Key Features

  • Currency: SNC (Suncontract Token)
  • Buying Currency: Available on exchanges like KuCoin and Gate.io.
  • Utility:
    • Used for network transactions and incentivizing energy trading.
    • Staking rewards for network validators.
  • Automation:
    • Smart contracts automate energy trading and payment processing.
  • Utility in the Project:
    • Users can earn SNC by trading renewable energy.
    • Validators can stake SNC to secure the network and earn rewards.
  • API: Yes, Suncontract provides an API for developers to integrate with their applications.
  • User Perspective:
    • Users can easily trade renewable energy and earn SNC tokens.

How It Works

  1. Step 1: Users connect their renewable energy sources to the Suncontract network.
  2. Step 2: The network matches buyers and sellers of renewable energy.
  3. Step 3: Users earn SNC tokens based on the amount of energy traded.

Staking

  • Staking Requirements: Minimum of 5,000 SNC tokens to become a validator.
  • Rewards: Validators earn a percentage of transaction fees and block rewards.

Documentation

For detailed documentation, visit Suncontract Docs.

Additional Resources