ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Name | Coinmotion Oy |
Relevant legal entity identifier | 743700PZG5RRF7SA4Q58 |
Name of the crypto-asset | TROY |
Consensus Mechanism | Binance Beacon Chain operated on a Delegated Proof of Stake (DPoS) consensus mechanism before its operations were discontinued in fall 2024 and its migration to Binance Smart Chain; validators were elected by token holders through staking and voting, limiting active participation to a manageable number of nodes while maintaining decentralization; validators were selected based on the staking weight of their delegators, ensuring stakeholder interests were proportionally represented in the validation process; regular validator rotation was implemented to promote fairness and decentralization by allowing multiple participants to contribute to the network; the system was designed to tolerate some degree of validator failures while maintaining the network’s operational integrity, ensuring resilience. |
Incentive Mechanisms and Applicable Fees | The Binance Beacon Chain incentivized validators and ensured fee transparency before its migration to Binance Smart Chain; validators were rewarded solely through transaction fees, with no block rewards provided, aligning incentives with network usage and transaction volume; transaction fees were calculated and displayed upfront, ensuring clarity for users and promoting trust in the fee structure; a portion of transaction fees collected in BNB was burned, reducing the overall token supply and contributing to a deflationary economic model. |
Beginning of the period | 2024-06-09 |
End of the period | 2025-06-09 |
Energy consumption | 0.00000 (kWh/a) |
Energy consumption resources and methodologies | The energy consumption of this asset is aggregated across multiple components: To determine the energy consumption of a token, the energy consumption of the network(s) binance_beacon_chain is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. |
Renewable energy consumption | |
Energy intensity | (kWh) |
Scope 1 DLT GHG emissions - Controlled | (tCO2e/a) |
Scope 2 DLT GHG emissions - Purchased | (tCO2e/a) |
GHG intensity | (kgCO2e) |
Key energy sources and methodologies | |
Key GHG sources and methodologies | |