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 Ltd |
| Relevant legal entity identifier |
2135881-0 |
| Name of the crypto-asset |
Fetch |
| Consensus Mechanism |
Cronos operates on a Proof of Stake (PoS) model integrated with Tendermint’s Byzantine Fault Tolerant (BFT) consensus, designed for decentralization, security, and interoperability. This model enables validators to be selected based on staking power, rewarding them for securing and validating the network. Core Components: Proof of Stake (PoS) with Tendermint BFT Validator Selection: Validators are chosen based on the amount of CRO tokens staked, securing the network and producing blocks. Delegation Model: Token holders can delegate their CRO to validators, enabling participation in network security without needing to run a validator node. Cosmos SDK and Inter-Blockchain Communication (IBC) Cross-Chain Connectivity: Built on the Cosmos SDK, Cronos enables cross-chain communication, connecting to other Cosmos blockchains and ecosystems such as Ethereum and Binance Smart Chain. |
| Incentive Mechanisms and Applicable Fees |
Cronos incentivizes validators and delegators with staking rewards and transaction fees, aligning economic incentives with network security and growth. Incentive Mechanisms: Staking Rewards Validators and Delegators: Both groups earn CRO rewards for supporting network security. Delegators earn a portion of the validator rewards, promoting broader network participation. Deflationary Mechanism Token Burning: A portion of transaction fees and staking rewards may be periodically burned, reducing CRO supply over time and potentially increasing token value. Applicable Fees: Transaction and Smart Contract Fees Standard Transactions: Users pay CRO for network transactions and dApp interactions, providing a steady income for validators. Ethereum-Compatible Gas Fees: Executing Ethereum-compatible smart contracts incurs gas fees, similar to Ethereum, payable in CRO. |
| Beginning of the period |
2025-07-27 |
| End of the period |
2026-07-27 |
| Energy consumption |
294.33600 (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) cronos 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. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts. |
| Renewable energy consumption |
0% |
| Energy intensity |
0 (kWh) |
| Scope 1 DLT GHG emissions - Controlled |
0 (tCO2e/a) |
| Scope 2 DLT GHG emissions - Purchased |
0 (tCO2e/a) |
| GHG intensity |
0 (kgCO2e) |
| Key energy sources and methodologies |
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| Key GHG sources and methodologies |
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