What is Renewable Energy?

Renewable Energy (RET) is a BEP-20 token that was established on the Binance Smart Chain network on January 4, 2022. It seeks to provide a platform for supporters of renewable energy to participate in the creation of environmentally friendly, physical projects. RET holders not only contribute to the spread of renewable energy but also have the potential to benefit from its rewards. The token is designed to enhance the functionality and experience for all those who are passionate about renewable energy.

How does Renewable Energy work?

RET operates on a unique model where a 3% commission is deducted from each transaction. This commission is distributed as follows: 1% is reflected back to the holders, 1% goes into a Dead wallet, and the remaining 1% goes into the team wallet to be spent on token goals. RET holders may be compensated with up to 1% of the transaction amount equal to their own balance, simply by holding the token in their wallets. The liquidity pool of RET is locked and will remain so until 2030, ensuring stability and trust in the system.

What are the potential use cases for Renewable Energy?

RET strives to break the dependence on non-renewable energy by creating physical projects that utilize wind and solar energy. These projects not only aim to protect the environment but also provide benefits to RET holders, who are considered future shareholders of the company. Another potential use case for RET is the creation of a game in the field of renewable power plants, which aims to familiarize people with renewable energy. Players may receive compensation for creating a power plant and installing renewable energy equipment within the game.

What is the history of Renewable Energy?

The RET team launched the token on January 4, 2022, with 50 quadrillion tokens created at genesis. At the beginning of construction, 40.00% of the total supply was manually burned, and the rest was transferred directly to the Liquidity pool and locked. The team intends to create physical projects to use wind and solar energy, with RET holders potentially sharing in the benefits from these projects. The team also aims to create a game in the field of renewable power plants to increase awareness and understanding of renewable energy.