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docs_depin/docs/depin_specs/energy_networks/energy_web.md
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Energy Web Detailed information about Energy Web 2

Energy Web

Overview

Energy Web is focused on accelerating the transition to a low-carbon, customer-centric electricity system by leveraging blockchain technology. It leverages blockchain technology to create a more transparent and efficient energy market.

Key Features

  • Currency: EWT (Energy Web Token)
  • Buying Currency: Available on exchanges like Kraken and Gate.io.
  • Utility:
    • Used for network transactions and incentivizing dApp development.
    • Staking rewards for network validators.
  • Automation:
    • Smart contracts automate energy transactions and dApp interactions.
  • Utility in the Project:
    • Users can earn EWT by participating in the energy market.
    • Validators can stake EWT to secure the network and earn rewards.
  • API: Yes, Energy Web provides an API for developers to integrate with their dApps.
  • User Perspective:
    • Users can easily participate in the energy market and earn EWT tokens.

How It Works

  1. Step 1: Users connect their energy assets to the Energy Web network.
  2. Step 2: The network enables the creation and use of dApps for energy management.
  3. Step 3: Users earn EWT tokens based on their participation in the network.

Staking

  • Staking Requirements: Minimum of 10,000 EWT tokens to become a validator.
  • Rewards: Validators earn a percentage of transaction fees and block rewards.

Documentation

For detailed documentation, visit Energy Web Docs.

Additional Resources