C4E
What is this network?
C4E is a DePIN L1 Blockchain platform specifically designed to foster innovative energy and e-mobility applications through a community-powered, decentralized ecosystem. This platform uses the DePIN incentive model to provide passive income opportunities, rewarding community engagement and contributions, which aids in the transition to sustainable energy practices and peer-to-peer energy trading.
The core of the C4E platform integrates blockchain technology with the Internet of Things (IoT) and Artificial Intelligence (AI), focusing on the needs of stakeholders in energy, e-mobility, and related sectors. By utilizing the Cosmos SDK, the platform offers DePIN modules that enhance not only its own capabilities but also serve interconnected blockchain networks. These modules focus on critical aspects like IoT device identification, rewards, incentive mechanisms, and facilitating cross-chain interactions.
Additionally, the C4E blockchain integrates the CosmWasm smart contract layer, enabling sophisticated interactions between physical assets and the digital blockchain infrastructure. This strategic module development aims to support a wide array of applications, reinforcing the platform’s foundation and extending its benefits to a broad spectrum of use cases across different domains.
How can I mine tokens?
To mine tokens on the C4E network, there are two main methods you can explore:
- EV Charger Integration: By integrating an electric vehicle (EV) charger with the C4E network, you can participate in mining tokens. This involves using an EV charger that supports the network’s protocols, allowing it to connect and interact with the blockchain.
- Smart Meter Utilization: Using a smart meter that tracks the production and consumption of green energy is another method for mining tokens. These smart meters must be capable of connecting to the C4E network, providing real-time data on energy usage and generation, which in turn enables token mining as a reward for contributing to the network’s energy ecosystem. Both methods leverage the network’s focus on promoting sustainable energy practices, rewarding users who contribute to the energy network’s efficiency and sustainability.
How can I optimize my mining rewards?
The best option is to stake C4E tokens on the miner wallet itself. The more you stake the more rewards you can get. The more you secure the network the more you can get from.
How can I use the network?
There are various ways to use the network.
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Transaction fees. C4E is the native token of the Chain4Energy blockchain. Each transaction requires this token to be executed to pay for gas. The transaction fee is distributed among validators and delegators securing the network. Similarly to ETH (EIP-1559 mechanism), part of the transaction fees are burnt.
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Staking. Staking is required to secure a network. People who decide to delegate tokens to validator nodes are rewarded in two ways: Staking reward which comes from the inflation and transaction fee.
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Governance. Validators and delegators have the right to take part in Governance, which empowers the C4E community to make important decisions about the future direction of the platform. Recent proposals have garnered an impressive 90% participation rate, demonstrating the strong engagement and commitment of the community!
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Product discount. On top of all benefits, users can have product discounts! Everyone who decides to lock C4E tokens in the vault for the contract duration can count on significant discounts. A contract in that energy market can last up to 5 years.
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Access to service. Giving access to products that would not be available to entities without a token, offered by Chain4Energy and other partners launching their products on the C4E platform. Even if the user is using the FIAT on-ramp, the platform itself is swapping to C4E to give access to products.
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Rewards. The production, storage, and utilization of renewable energy will be incentivized through a reward system that varies depending on the project’s stage. During the initial phase, the primary focus is on expansion, with an emphasis on encouraging new users/members to participate.
Who governs this network?
The network is governed by the Community DAO. Everyone who stake C4E tokens is eligible to vote on-chain and be part of the governance process. https://wallet.c4e.io/governance
C4E
The C4E Market Cap is $1,339,695.The price today is 0.02834 USD.