Solar energy is a token built on Binance Smart Chain (BSC) that follows BEP-20 standards. BEP-20 is the standard of a token on BSC and has similarity and compatibility with ERC-20 and BEP-2. Solar energy is a deflationary token having a decentralized ecosystem that seeks to reward traders with BUSD (Binance USD). Deflationary tokens are tokens whose total supply decreases over time.

The users aim to receive rewards from the token with the increase in new traders. Besides, the token also aims to provide users a share of the profit earned from creating solar energy. Solar energy token aims to promote the use of photovoltaic solar systems as they seek to help save on the electricity bill.

SEG is the native currency of the token. When a user makes a transaction, 2% gets added to the liquidity pool, and 5% gets redistributed to traders. Besides, the token uses 10% of each transaction to create plants and marketing.

According to the whitepaper, the token plans to burn 60% of the tokens to increase the value of the token. Here, token burn means when tokens get removed from the circulating supply, reducing the total supply.

The token aims to launch its decentralized exchange (DEX) in the upcoming months and list major brokerages.

Robson Lins is the CEO of the token along with Roberto Andrade (CTO), Anderson Mendonca (CMO), and Cleber Rodrigues (CFO). The token was launched in Q4, 2021.

The SEG token has a maximum total supply of one billion.