RDDL Network
  • 👋Welcome to RDDL
    • 💡What we do
    • ✨Our Features
  • Basics
    • ✅Understanding RDDL
    • 🎭Actors
    • ⛓️Networks
    • 🪙Tokens
      • RDDL on Liquid
      • Conversion Rate
    • 🎆Types of Nodes
      • 👛Wallet Management
      • 🔐Key Ceremony
    • 🤝Token Services
      • Machine Identity Attestation
      • RDDL Purpose Tokens
      • Wrapped Tokens
      • CID Asset Notarization
    • 🏁Proof of Productivity
      • 👩‍🎤Actor Selection
      • ⁉️Challenge-Response
      • 💰Rewards
        • 🔢Reward Calculation
        • ⌚Clearance Process
        • 🪙Claiming Rewards
    • 🤝Reissuance & Distribution
  • Getting Started
    • ❓How can I participate?
    • ⚡The EnergyAgent
      • ▶️Installation
    • ⚓Trust Wallet
    • SMD (Smart Metering Device)
  • Workflows & Governance
    • Converting RDDL to PLMNT
    • Voting on chain parameters
  • ⚒️Infrastructure
    • 🧁Services
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  1. Basics
  2. Tokens

Conversion Rate

PLMNT value is static and equal to the cost of producing 1 W of solar power (0.0004€)

RDDL is an incentive token and thus comes with volatile value. The initial value of RDDL is expected to be 0.04€.

The exchange value

The €-values thereby define the conversion rate from RDDL to PLMNT.

Assuming those mentioned above €-values, 1 PLMNT value in RDDL is 0.0004€/0.04€ = 0.01.

At the same time, 1 RDDL equals the value of 0.04€/0.0004€ = 100 PLMNT tokens.

The initial conversion rate from RDDL to PLMNT equals 1 PLMNT = 0.01 RDDL.

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Last updated 11 months ago

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