What is SOLARCOIN(SLR)?

Basic information about SLR

Coin name:

Solarcoin

Coin symbol:

Coin introduction:

Solarcoin is a Scrypt based alternative digital currency and its innovation comes from the secondary proof of work reward: the Solar Proof of Work. Green solar energy producers are entitled to receive one SLR for every MWh electricity generated. In order to claim a Solar Proof of Work reward, solar plant owners must submit 3rd party verified energy generation certificates such as a Solar Renewable Energy Certificate (SREC) or equivalent country specific documentation. All Solar Proof Of Work rewards will be stored as transactions in the blockchain. The supply of SLR comprises of the following: - The Mining Pool: 105 million Solarcoins (0.1%) to be publicly mined over the next 40 years. All publicly mined Solarcoins represent historically generated and unclaimed solar electricity. - The Generator Pool: 97.5 billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for Solar Proof of Work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy. - The Genesis Pool: 500 million Solarcoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total Solarcoin in circulation.

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Current Price:

$0.054591More coin details

All-time high:

$2.88

All-time low:

$0.000001

SLR Supply Info and Tokenomics

Circulating supply:

64M

Total supply:

98,100M

Max supply:

Market cap:

$3.538M

Fully diluted valuation:

$5.355B

What is the outlook and future value of SLR?

The current market cap of SLR is $3.538M, ranked 2366 in the market, showing that the market already recognizes the value of SLR. When a bull market arrives, the market cap of SLR may continue to grow.

Moreover, if SLR can play a greater role in real-world applications—such as if the Monero developers can fully empower SLR and establish partnerships with more business partners to expand its user base—then the long-term value of SLR will be further enhanced.

What is the price of SLR in 2027?

According to the historical price performance prediction model of SLR, the price of SLR is expected to reach $0.057320 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get SLR?

Purchasing SLR with cash is not the only way to obtain SLR. If you have enough time, you can get SLR for free.

Learn how to get Hot rewards for free with SLR.

Earn free SLR by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get SLR airdrops for free.

All crypto airdrops and rewards can be exchanged for SLR through LBank spot trading.

Buy SLR starting from $1

What is SLR used for and how to use it?

The use cases for SLR may grow with the development of the crypto market and project progress. Currently, you can use SLR to:

Arbitrage trading of SLR

SLR is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many SLR trading pairs to suit your needs.

Earn yield with SLR

You can also lend out SLR or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your SLR gains.

Send or pay with SLR

If you want to pay someone with SLR, you can easily and quickly send SLR to them using their receiving address.

You can also visit the official website of Solarcoin to learn more use cases of SLR, such as whether the Solarcoin project supports community/eco apps or buying physical or virtual goods with SLR.