Unergy
  • ☀️Introduction
    • Abstract
    • Motivation
  • 🔃Protocol
    • Introduction
    • The uWatt: A stable currency collateralized in clean energy
      • uWatt reference value
    • Project origination
      • pWatt tokens
      • Project milestones
    • The Swap
      • Swapping pWatts into uWatts
      • External pWatt holders
      • Swap factor
      • pWatts ‘outside’ the Reserve
    • Energy tokenization and generation tracking
      • Tracking of energy monetization
      • Renewable Energy Certificates (RECs)
    • Management of funds in the Reserve
      • Collecting project income
      • Operation and maintenance expenses
      • Liquidity pool funding
      • Depreciation compensation
        • Asset value calculation
        • Asset depreciation compensation
        • Avoiding overcompensation
      • Distribution of rewards
  • 🗳️Governance
    • Overview
    • Choosing the cash flow discount rates
    • Protocol upgrades
    • Milestone validation
  • 💡Remarks
    • Types of projects
      • Self-consumption projects
      • Utility-scale solar energy Projects
    • Nature of the Unergy Protocol tokens
      • Nature of the uWatt token
      • Nature of the pWatt tokens
    • Incentives for funding Projects
  • 🚒Risks and mitigation
    • Origination risks
      • Delays in the construction or procurement phase
      • Failure to install the Project
    • Real-world funds management
    • Project qualification
      • Technical feasibility
      • Financial feasibility
    • Installer qualification
  • 📓Miscellaneous
    • Protocol implementation
    • Definitions and terminology
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  1. Protocol
  2. Management of funds in the Reserve

Liquidity pool funding

This feature is part of the current Protocol design but it has not been implemented yet

A portion of the total income is used for funding a uWatt/USDT liquidity pool. By providing this liquidity, the Protocol facilitates the uWatt holders to exchange their uWatt tokens for liquid currency-pegged digital assets. This liquidity pool is not part of the Protocol itself, but rather a position opened by one of the smart contracts that are part of the Protocol in one or more decentralized exchanges such as Uniswap. Any fees collected in USDT will be part of the accumulated Reserve fund; and any uWatts left when any of the positions are closed will be distributed among all the uWatt holders, in the same manner as when a Project swap is made.

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Last updated 1 year ago

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