Enrex

Enrex is the definitive purveyor of the much needed linkage between the regulated environmental and carbon markets and decentralized finance (DeFi). It is a platform which delivers the ultimate promise of easing the transition for crypto businesses to a more eco-friendly trajectory. Moreover, Enrex offers both consumers and financial instrument issuing authorities an easy-to-use application set to deepen their pledge for a greener environment.

Enrex’s team is deeply concerned with the ongoing climate change problems. Carbon-free sources of energy shall allow the world to not supply new waste. Crypto industry consumes more electricity than the entire annual energy consumption of certain countries, like that of the Netherlands or New Zealand. That is deeply concerning and it is Enrex’s mission to give it a shot at reducing these numbers to the limit. Thus, Enrex opts to make carbon reduction a form of environmentalism that is rewarding - Enrex’s users can make money while reducing the overall carbon footprint made by the crypto industries.

Enrex is unique in the carbon markets, because its sole target is the problematic polluting factor coming from the crypto business activities. To that extent, Enrex is prepared to tackle this problem in the most transparent and credible way possible - government mandated environmental instruments and their tokenization.

Because as it is a well known phenomenon, carbon offsets maintain a major credibility problem. Carbon offsets have traceability issues, considering that most of voluntary carbon offsetting never results in the full promised amount offsetted, or employing these offsets mainly serves just as an image greenwashing device. Enrex, supporting the government overwatch in these matters, chooses only authority given mandates because of their regulatory and compliant nature - scams, greenwashing or double counting avoided and the acceptance of any audit organ welcomed!

The electrical energy that arrives to its intended clientele can be called ‘green’ if and only if it is certificated by an authoritative organ or its issued instrument as being ‘green’. Green energy is that electricity which is defined ‘green’ by a legal, internationally recognised issuer, not by a personal whim of some business or other.

The Enrex token $ENRX will be launched within the Solana architecture. This means that Enrex is fully ready to launch in public as an SPL token on the Solana network. Solana offers leading features such as historically proven licensing, fully active cross-chain functionality and fast blocking times.

Enrex aims to increase its accessibility and popularity by using the best available solutions to reach as many stakeholders and users as possible. Fast transactions and low costs are of paramount importance, which is why Enrex strives to provide maximum availability and reachability to its token buyers.

Enrex ecosystem combines three major substantive systematic areas:

• Users;
• Applications;
• Authorities;

Users indirectly interact with offsetting industrial authorities via Enrex's applicable offset approaches - its applications. Users include various entities, from big businesses to small time traders and trading houses, from power utilities to app and dapp developers. All of them will experience the availability of their choice of Enrex's products, as well as other token features, such as staking and NFT activities. By way of exploiting these features, users who strive for maximum offsetting solutions, will be able to reach the government mandated authoritative bodies and registries, such as REC registries and emission trading systems.

Enrex provides five application products which let's its users navigate the inner working of the Enrex ecosystem.

Those applications are:

• Enrex Exchange - secondary market for government mandated renewable energy certificates and CO2 allowances directly via a $ENRX token;
• Enrex DEX v2 - users will be able to track all offsets on the blockchain, and it will be available to be accessed and checked by anyone within the ecosystem;
• Enrex Offsetting - Enrex decentralized application (dapp) will let you cancel/use your certificates and allowances by entering comments to provide the cancellation amount and the cancellation object (CO2 allowances or renewable energy certificates). For crypto transactions / smart contracts / ICO/IEO/IDO / mining;
• Tracking Offsets on the Blockchain - users will be able to track all offsets on the blockchain, and it will be available to be accessed and checked by anyone within the ecosystem;
• Enrex Environmental API - will enable decentralized and real world applications to unlock the mandatory CO2 allowances and renewable energy certificates market without intermediaries.

Enrex will launch the first exchange on Solana for CO2 allowances and renewable energy certificates. The platform acts as a bridge to unlock digital asset services by combining the features of real world assets and modern cryptocurrencies with speed, security and cost savings at the forefront.

Through the integration of various registries, partners and services, Enrex is a one-stop shop for all activities related to environmental DeFi. All the information, pertaining to the transaction object’s history, origin, inner transactional journey, is recorded directly into an Enrex token, and can be traced back just as easily.

CO2 allowances and renewable certificates will be tokenized and issued based on their type, location and validity. All tokenized CO2 allowances and renewable certificates can be traced to their real world certificate counterparts. All trading will be made directly with the Enrex token and the fees will be collected in Enrex token as well. (see more in tokenomics).

Enrex DEX will be fully automated and decentralized DEX for issuing, trading and tokenizing CO2 allowances and renewable energy certificates for all trading houses and power plants without intermediaries. As in the future all prosumers (A prosumer is an individual who both consumes and produces) will be able to produce renewable energy certificates, they will have an option to swap them to Enrex's cryptocurrency in a hassle-free fashion. Via the DEX operations a prosumer will have the full insurance on the value’s non-fluctuation. In other words, the higher quality of liquidity is achieved, because the transaction fees can be manipulated and/or chosen within a lenient range.

Offset directly using Enrex token (in the following operations) based on your choice of certificate (CO2 allowances or renewable energy certificate):

• Crypto transactions;
• Smart contracts;
• ICO/IEO/IDO;
• Mining;

Enrex decentralised application (dapp) will let you offset your certificates by entering comments to provide the cancellation amount and the cancellation object. The dapp will perform the automation of certificate cancelling in the real world registries and issuing an NFT as a proof of cancellation. All cancellations will be tracked on blockchain and real world registries with proof traceability. Again, dapp is the further step in a proof-of-history architectural style of Enrex's ecosystem.

Users will be able to track all offsets on the blockchain, and it will be available to be accessed and checked by anyone within the Enrex ecosystem. As the CO2 allowances and renewable energy certificates will be canceled on the OG registry, the link in the chain will be provided to deliver proof of cancellation and the NFT as a proof of ownership.

Traceability has emerged as a prime requirement for a multi-tier transaction activities. Nowadays, it enables visibility and caters to consumer and user requirements of transparency and quality of work assurance. So, offset tracking will not fall behind, hence, implementing a similar type of tracing within the Enrex ecosystem.

Enrex environmental API will enable decentralized and real world applications to unlock the mandatory CO2 allowances and renewable energy certificate market without intermediaries.

The whole idea of an accessible API is to provide the user experience with the least impediments possible. Thus, Enrex's API shall fully integrate offsetting to a market-leading digital environment.

Also, Environmental API, being as open as it is, will obviously ensure the utmost amount of liquidity, as well as maintaining it. Moreover, the API will be working in such a fashion, that more and more newcomers could benefit from an even larger amount of opportunities to thrive, from the biggest businesses to the smaller digital application procurers.

Token quantity

• 3,650,000,000

Token sale

• Early round 600,000,000 ($0.003) /

• Private round 1,200,000,000 ($0.0045) /

• Public sale 50,000,000 ($0.007)

Token parts:

• Staking and community rewards: 16.4% / TGE (2%)
• Liquidity: 5.5% / TGE (10%)
• Team: 16.4%, vesting 12 months
• Marketing / Listing: 5.5%, vesting 1 month
• Advisors: 5.5%, vesting 12 months

• Staking for incentives provided by collected fees (weekly);
• Exchange fees and trading fees are collected in Enrex tokens (0.1%);
• Direct offsetting fees are paid in Enrex tokens (1%);
• Gathered fees are distributed (60% staking, Enrex treasury 15%, burned 25%);
• Estimated 45% token burn; after burn cap is reached, gathered fees are distributed (75% staking, 25% Enrex treasury);

Enrex will receive fees from Enrex exchange/offsetting/API straight in $ENRX tokens. $ENRX tokens can be staked to earn incentives from gathered fees all across the Enrex’s blockchain ecosystem.

All CO2 allowances and renewable energy certificates will be traded in pairs directly to $ENRX tokens and the fee of 0.1% will be applied.

Direct offsetting or renewable certificate cancellation will have a fee of 1% paid in $ENRX.

API will have all of the listed functionalities (buying, selling, offsetting), so all the fees will be applied as mentioned.

All the fees will be distributed in such order:

• 60% $ENRX will be distributed to the staking pool;
• 15% $ENRX will be distributed to the Enrex treasury (for product development, liquidity and future project development);
• 25% $ENRX tokens will be burned every week. Estimated is the total burn of 45% $ENRX total supply.

after the burn cap is reached:

• 75% $ENRX will be distributed to the staking pool;
• 25% $ENRX - to the Enrex treasury;

The earnings that holders and liquidity providers receive will be directly proportional to the amount of $ENRX tokens staked.