Score | 38 |
|---|---|
24h Vol | $0 |
Liquidity | $57.13 |
Holders | 1.7K |
Audits | |
Age | 1 year |
FDV | $123.8K |
Market Cap | $123.8K |
About Xels Token (XELS)
XELS is an eco-conscious blockchain platform enabling corporations and individuals alike the ability to easily and transparently offset their carbon footprint by purchasing tokenized carbon offset credits. Since the birth of carbon offset markets in the wake of the Kyoto and Paris agreements, fraud has been a serious problem. Bad actors have been known to sell fake or expired carbon credits, and credit “recycling” fraud can lead to double spending of unretired carbon credits (see here for an example of one of the biggest fraud cases to hit carbon credits, which even ensnared Deutsche Bank. Blockchain’s distributed ledger technology is the perfect use case for carbon credits, as it cannot be changed, reversed, or double spent. Digital assets can also be “burned,” along with a transaction hash that proves the associated credit has been retired forever. We’re initially launching the eponymous XELS token as a “platform token” to access a future suite of stable tokens pegged 1:1 to various industry-standard voluntary carbon offset credits – think of those as being the “USDT” of carbon credits.
XELS/USDC Price Stats
The current price of XELS (XELS/USDC) on Uniswap V4 (Ethereum) is $0.005894, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.00 with a total of 0 transactions. XELS/USDC contract address is 0xb0e26c436b789ddc90bfca9fc8357123e3a1adae332169d155b2480a8f6a4dd1, with a Fully Diluted Valuation (FDV) of $123.78K and a liquidity pool of $57.13.
