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. Functionalities
  3. Project owner exclusive functionalities

Propose project

PreviousProject owner exclusive functionalitiesNextPropose carbon credit batch

Last updated 10 months ago

Before a project owner can propose a carbon credit batch he/she must have ongoing project that can support the generation of said tokens. In order to create a project, the project owner must first submit a proposal for a project to undergo voting by the pallet validators.

In order to do so the project owner can use the propose_project(ipfs) functionality, and provide a never before used IPFS link to the project proposal documentation. Before calling this functionality, the project owner must insure that he/she doesn't have any ongoing debts. If this is not the case, the functionality would fail.

It is also worth mentioning that there is a corresponding fee associated with this functionality call. .

Here you can find more about the pallet fees