Decentralized Finance

Ethereum, a decentralized, open-source blockchain featuring smart contract functionality, presents an ideal financial market for fostering pollution finance. Its unique characteristics, including low energy usage, global availability, and widespread adoption, make it a compelling platform for startups and innovators in the pollution finance sector.

Compared to Bitcoin (~120 TWh/year), Ethereum (~0.0026 TWh/year) consumes 99.9% less energy across the entire global network to secure transactions on the ledger. Staking on Ethereum is a process that allows users to earn rewards by depositing ETH into the network. In return, users receive a portion of the block rewards proportional to their stake. Unlike a savings account, staking on Ethereum has the potential to be fully decentralized and non-custodial, as long as the underlying validators are. This means that users maintain full control of their funds at all times. In order to stake, users must deposit a minimum of 32 ETH into the network. This is known as a validator. Validators are responsible for processing transactions and securing the network. Validators are rewarded for their work with a portion of the block rewards proportional to their stake. Validators are also penalized for malicious behavior. This ensures that the network remains secure and reliable.

Today, a large portion of Ethereum is staked on centralized protocols or exchanges, which Earth Ether solves by utilizing a novel smart contract protocol which enables anyone to participate as Earth Nodes, and join a decentralized community dedicated to the next phase of Ethereum's journey, regenerative finance.