* Ei reaaliaikaiset tiedot.
* Mikään Euroopan unionin jäsenvaltion toimivaltainen viranomainen ei ole hyväksynyt tätä kryptovaran kuvausta. Kryptovaran tarjoaja on yksin vastuussa tämän kryptovaran kuvauksen sisällöstä.
Energiankulutus: 26280.00000 kWh/a | Uusiutuva energia:
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 | Polymesh |
| Consensus Mechanism | Polymesh operates on a Nominated Proof of Stake (NPoS) consensus mechanism, specifically tailored to meet the requirements of institutional-grade security and compliance. Core Components: Nominated Proof of Stake (NPoS): Validators are responsible for producing blocks and securing the network, selected based on nominations from token holders (nominators). Nominators stake POLYX tokens to support reliable validators, influencing the selection process. Compliance-Centric Design: Validators must pass identity verification to ensure compliance with regulatory requirements, differentiating Polymesh from other NPoS blockchains. Instant Finality: Utilizing the GRANDPA finality protocol, Polymesh ensures immediate and irreversible finalization of blocks once consensus is reached, supporting financial-grade transaction processing. Validator Accountability: Validators are penalized through slashing mechanisms for malicious behavior or downtime, ensuring consistent and secure network operations. |
| Incentive Mechanisms and Applicable Fees | Polymesh's incentive model is designed to ensure network security and compliance while rewarding participants for maintaining its functionality and efficiency. Incentive Mechanisms: Validator Rewards: Validators earn POLYX tokens for validating transactions, producing blocks, and securing the network. Rewards are distributed based on performance and staking contributions. Staking Rewards for Nominators: Nominators who stake POLYX tokens with trusted validators share in the rewards, incentivizing active participation and careful selection of reliable validators. Slashing Penalties: Validators face penalties for malicious behavior or prolonged downtime. A portion of their staked POLYX may be forfeited, promoting honest and efficient operations. Compliance Incentives: Validators must undergo identity verification to participate, aligning the incentive structure with Polymesh’s compliance-driven design. Applicable Fees: Transaction Fees: Users pay transaction fees in POLYX tokens for executing transactions, such as transfers, staking, or smart contract interactions. Regulatory Compliance Fees: Some actions, like asset issuance or advanced operations requiring regulatory checks, may incur additional fees to cover compliance-related processing. Predictable Fee Model: The fee structure is designed to be transparent and predictable, supporting institutional use cases that require cost clarity for financial operations. |
| Beginning of the period | 2024-06-09 |
| End of the period | 2025-06-09 |
| Energy consumption | 26280.00000 (kWh/a) |
| Energy consumption resources and methodologies | For the calculation of energy consumptions, the so called “bottom-up” approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, 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 |
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