1.7 KiB
1.7 KiB
title | description | sidebar_position |
---|---|---|
Grid Plus | Detailed information about Grid Plus | 3 |
Grid Plus
Overview
Grid Plus is a decentralized energy trading platform that allows users to buy and sell renewable energy directly from each other. It leverages blockchain technology to create a peer-to-peer energy marketplace.
Key Features
- Currency: GRID (Grid Plus Token)
- Buying Currency: Available on exchanges like KuCoin and Gate.io.
- Utility:
- Used for network transactions and incentivizing energy trading.
- Staking rewards for network validators.
- Automation:
- Smart contracts automate energy trading and payment processing.
- Utility in the Project:
- Users can earn GRID by trading renewable energy.
- Validators can stake GRID to secure the network and earn rewards.
- API: Yes, Grid Plus provides an API for developers to integrate with their applications.
- User Perspective:
- Users can easily trade renewable energy and earn GRID tokens.
How It Works
- Step 1: Users connect their renewable energy sources to the Grid Plus network.
- Step 2: The network matches buyers and sellers of renewable energy.
- Step 3: Users earn GRID tokens based on the amount of energy traded.
Staking
- Staking Requirements: Minimum of 5,000 GRID tokens to become a validator.
- Rewards: Validators earn a percentage of transaction fees and block rewards.
Documentation
For detailed documentation, visit Grid Plus Docs.