Powerledger

Powerledger is a software platform built for distributed and decentralised energy markets, allowing utilities, renewable energy operators, microgrids, and property developers to track and trade energy, flexibility services, and environmental commodities on a blockchain. The POWR token is the digital asset associated with this platform, issued on the Ethereum network as an ERC-20 token. The project claims to address the fragmentation and inefficiency of modern electricity grids by enabling peer-to-peer energy trading and giving consumers more choice over their energy sources.

The system operates on two layers: POWR lives on Ethereum as an ERC-20 token, while actual energy transactions are processed on a separate Solana-based blockchain built by Powerledger for greater throughput. Businesses that want to access the Powerledger platform must hold POWR tokens as a kind of licence, and the token is also intended to serve as a means of paying for transactions on the Powerledger blockchain in the future. No consensus algorithm is recorded in the data for this asset, so finer details of block production cannot be described here.

The data stored for Powerledger does not include a fee stream, so there is no recorded information about fees collected by the protocol, who pays them, or who receives them. This means fee-based performance measures that this site might calculate for other assets are not applicable here. What the data does show is that roughly 56.87 percent of the total token supply is currently in circulation, against a maximum supply of 1,000,000,000 POWR, and that the fully diluted valuation is approximately 1.76 times the current market capitalisation of 26,538,223 US dollars, reflecting the tokens not yet in circulation.