Veles - Carbon Credits Pallet
  • Get Started
    • What is the Veles pallet
    • What are carbon credits
    • How to use the Veles pallet
  • Pallet entities and functionalities
    • Entities
      • Authority Accounts
      • Carbon Footprint Accounts
      • Trader Accounts
      • Project Owner Accounts
      • Validator Accounts
      • Projects
      • Carbon Credit Batches
    • Functionalities
      • Authority exclusive functionalities
        • Update vote pass ratio
        • Update penalty levels
        • Update beneficiary splits
        • Update time value
        • Update fee value
      • Validator exclusive functionalities
        • Cast vote
        • Open complaint
      • Project owner exclusive functionalities
        • Propose project
        • Propose carbon credit batch
        • Repay debts
      • Carbon footprint account exclusive functionalities
      • General functionalities
        • Register for trader account
        • Register for project validator account
        • Register for project owner account
        • Submit carbon footprint report
        • Create sale order
        • Close sale order
        • Complete sale order
    • Timed events
    • Penalty rules
  • Contact
    • Contact
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  2. Entities

Carbon Footprint Accounts

Carbon Footprint Accounts (or CFAs for short) are accounts that are associated to entities which can retire their carbon credits in order to decrease their carbon footprint. An example of a CFA would the that of a oil industry that wants to interact with the Veles pallet.

CFAs are the only entities on the pallet which are allowed to retire carbon credits. The also are not subjugated to penalizations as there is not a way in which they can maliciously influence the marketplace.

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Last updated 10 months ago