PetroDollar
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PetroDollar is a peer-to-peer digital currency designed to deflate with relation to the world crude oils reserves. PetroDollar has a approximate 1:10,000 relationship to barrels of oil still existing in the ground, thus creating an analogy of the USD/OIL trading pair. Every transaction(Tx) broadcast over the PetroDollar network will be charged a transaction fee to be destroyed in line with oil depletion. Transaction fees are destroyed autonomously, at an organic rate based on a mathematical model of the oil market. PetroDollar has a current fee of 1.429% of the amount transmitted, increasing to approximately 15% in year 2045.
Market share | 0.00% |
Proof type | — |
24h Open | $1,340.00 |
24h Low | $1,340.00 |
24h High | $1,340.00 |
Price in BTC | 0.01387937000328 BTC |
Current Supply | 0 XPD |
Total Supply | 122,107,464 XPD |
Market cap | $0 |
24h Volume (coin) | 0 XPD |
24h Volume (currency) | $0 |
24h Total volume (coin) | 139 XPD |
24h Total volume (currency) | $186.48K |
Last updated | 2023-09-26 12:00:34 +01:00 BST |
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