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 |
Saga |
Consensus Mechanism |
Saga is a Layer-1 protocol built on the Cosmos SDK, utilizing a Proof of Stake (PoS) consensus mechanism facilitated by the CometBFT (formerly Tendermint) consensus engine. Validators are selected based on the amount of SAGA tokens staked, with the top validators by voting power becoming active participants in the consensus process. These validators commit new blocks to the blockchain by broadcasting votes with cryptographic signatures, ensuring the network's security and transaction finality. |
Incentive Mechanisms and Applicable Fees |
In the Saga ecosystem, developers can deploy dedicated blockchains, known as Chainlets, with ease. End-users pay transaction fees to Chainlet developers, who in turn pay gas fees to the Saga mainnet. This structure grants developers flexibility in determining how end-user transaction fees are utilized. Gas fees can be paid with SAGA tokens or other tokens such as ETH or USDC, providing adaptability in fee management. |
Beginning of the period |
2024-06-09 |
End of the period |
2025-06-09 |
Energy consumption |
262800.00000 (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. Due to the structure of this network, it is not only the mainnet that is responsible for energy consumption. In order to calculate the structure adequately, a proportion of the energy consumption of the connected network, cosmos, must also be taken into account, because the connected network is also responsible for security. This proportion is determined on the basis of gas consumption. 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 |
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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 |
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Key GHG sources and methodologies |
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