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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  1. Pallet entities and functionalities
  2. Entities

Project Owner Accounts

Project owner accounts represent the entities which govern over projects that have the ability to generate carbon credits (e.g. carbon credit batches). Project owners can propose projects, carbon credit batches and trade with carbon credits.

These entities are subjugated to penalizations and it is worth noting that their total penalization is depended on the specific action which they are performing (more on penalization rules).

Apart from generating profits from the direct sale of carbon credits, project owners also gain a percentage on the secondary sale of carbon credits, that is when a third entity trades some credits that belongs to the project owner.

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Last updated 10 months ago