POWR BancorDAO Whitelist Proposal
This proposal is expected to appear on Snapshot for voting on Sunday August 22nd
- Proposal to whitelist POWR
- BNT co-investment - 250,000
*** Power Ledger will stake 1,000,000 POWR**
- There are no apparent security concerns that would prohibit whitelist status.
- There is no reason to doubt the legitimacy of the Power Ledger project.
POWR token address: $0.3197 | PowerLedger (POWR) Token Tracker | Etherscan
Project Website: https://www.powerledger.io/
# Token Security
POWR does not have an elastic supply, or rebase mechanism. The POWR contract does not have permissions that grant administrators mint/burn capabilities; it is a standard implementation of ERC20 with no upgradeability meaning tokens can never be frozen.
The POWR token supply is fixed at 1,000,000,000, of which about half (500,000,000) are in current circulation. The addresses with the highest concentration of POWR tokens are predominantly the Power Ledger treasury, exchange wallets, and founding team wallets. All POWR tokens have fully vested since the ICO in October 2017.
POWR holdings are well distributed across 51,000+ addresses.
# Projects and Clients
Power Ledger provides applications for green energy transition, including energy trading for energy communities, energy sharing plans, frequency markets, and environmental certificates trading.
Our customers are energy participants, including energy utilities, energy generators, energy communities, and certificate buyers and sellers. Due to the massive transition occurring in the energy sector towards decentralization, Power Ledger serves a clear purpose now and in the future. More information about our projects is available here - Projects
Power Ledger has 20+ enterprise customers in 9+ countries, and an international team of 40+ staff.
Power Ledger token, POWR (ERC20), is required to access the suite of Power Ledger applications. Therefore, POWR is a utility token, and not merely a symbolic representation of the project.
# Community and Communication
Power Ledger is active on Telegram, Medium, LinkedIn and Twitter.
The leadership and business development team are presented on Power Ledger website About
Power Ledger office is located at Level 2, The Palace, 108 St George’s Terrace, Perth, WA, Australia, 6000
# Market and Trading Data
- CMC price at the time of writing is $0.29
- All-time high: $2.01 (4 Jan 2018)
- All-time low: $0.03 (13 March 2020)
- 0.5 billion tokens in circulation
- 1,000,000,000 maximum supply.
- The current market capitalization is $127M.
- The token is available on major exchanges, including Binance, Bithumb, Uniswap 3 pools ($1.34M pool POWR/ETH), Bittrex, Huobi, SushiSwap.
- Uniswap has 3 pools with the largest pool in excess of $1.34M. Bancor pool could rival that in size.
Benefits for Bancor
Power Ledger has an active community of POWR token holders who will be joining Bancor, some for the first time, and bringing in additional trading volume, marketing the existence of the pool. Power Ledger is supporting this pool to become one of the biggest ones in terms of liquidity and will be contributing 1,000,000 POWR straight away, and potentially more overtime.