pWatts ‘outside’ the Reserve

When a Project starts operation, any marked Wallet that holds pWatts of this Project will not have their pWatts swapped into uWatts. Instead, these pWatt holders will receive their corresponding Project income directly.

The assets (or fractions thereof) that are not swapped for uWatts are not managed by the Unergy Protocol’s Reserve. Nevertheless, this does not affect the behavior of the Protocol, since the income of the Project will be assigned proportionally between the Reserve and the external pWatt holder(s).

The Protocol will not allow pWatts to be freely tradeable after the Project starts operating. The ERC-20 contract will only allow the transfer of pWatts to specific addresses controlled by the Protocol if a pWatt wishes to trade them for uWatts in the future.