ETT (Energy Tracking)

The Energy Tracking Token (ETT) is a fundamental asset within the Edma Network, designed to represent real-world renewable energy production and enable seamless tracking, trading, and conversion into energy-related assets.

ETT Utility & Functions

1. Renewable Energy Representation

• Renewable energy producers mint 1 ETT per 10 kWh of verified energy production.

• ETT serves as a digital proof of clean energy generation, ensuring transparency in renewable energy markets.

• Each ETT comes with metadata that records the following information:

  • when was the energy produced

  • what quantity of energy was produced

  • where was the energy produced

  • what renewable energy source was used.

2. Conversion & Compliance

• ETT can be converted into NFT-based certificates, such as:

  • Carbon Credits

  • Renewable Energy Certificates (RECs)

  • Certificates of Origin

• It is tradeable on compliance markets for companies and institutions to meet ESG regulations and sustainability commitments.

3. Marketplace Integration

• ETT is not directly convertible into CLE but can be sold on decentralized markets.

• Corporations and individuals can buy ETT to verify and offset their carbon footprint.

• Enables institutional adoption by providing verifiable renewable energy credentials.

Total Supply & Minting Process

ETT follows a dynamic supply model, where tokens are minted based on real-time energy production.

Category	Minting Basis	Usage
Energy Producers	1 ETT per 10 kWh of clean energy	Minted and allocated to producers for verification
Compliance Markets	Carbon credit and ESG markets	ETT can be converted into certified energy assets
Investors & Traders	Marketplace trading	ETT can be traded for EDUSD or held for ESG purposes

Burning Mechanisms

To maintain economic balance and sustainability, ETT integrates burning mechanisms:

1. Conversion-Based Burns

When ETT is converted into RECs or carbon credits, it is permanently burned.

2. Compliance-Based Reductions

Large-scale sustainability projects may lock and retire ETT instead of converting them into NFTs, reducing circulating supply.

3. Marketplace Fee Burns

For every ETT conversion, 2% of the transaction value is being charged in $EDM. A portion of transaction fees is burned, ensuring $EDM goal to reach 100M supply .

Final Supply Control

• ETT remains dynamically minted based on energy production but is continuously reduced through burning and conversions, ensuring long-term value and sustainability.

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The ETT tokenomics model is designed to create trust, transparency, and efficiency in renewable energy markets, bridging blockchain technology with sustainability initiatives.