* 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: 82125.00000 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 | Venom |
| Consensus Mechanism | Venom is a Layer-0 blockchain that employs a hybrid consensus mechanism combining Proof of Stake (PoS) and Byzantine Fault Tolerance (BFT) algorithms. In this system, validators are selected based on the amount of VENOM tokens they stake, with higher stakes increasing the likelihood of being chosen to produce new blocks. The BFT component ensures that at least two-thirds of validators must agree on the blockchain's state, enhancing security and consistency. This hybrid approach allows Venom to achieve high transaction throughput while maintaining decentralization and security. |
| Incentive Mechanisms and Applicable Fees | Within the Venom ecosystem, validators are incentivized through rewards earned by staking VENOM tokens and participating in block production. Users pay transaction fees in VENOM tokens for operations conducted on the network, which are distributed to validators as compensation for their services. The fee structure is designed to be low-cost, promoting user participation and developer adoption. Additionally, Venom supports staking and farming opportunities, allowing token holders to earn passive income, and facilitates access to decentralized exchanges and financial tools within its ecosystem. |
| Beginning of the period | 2024-06-09 |
| End of the period | 2025-06-09 |
| Energy consumption | 82125.00000 (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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