Aller au contenu principal

Why Web3.0 ?

Interoperability is crucial in the fragmented ecosystem of charging stations. We need a secure and open traceability and payment system where other operators can join easily. A public ledger is also required to audit energy use, especially in complex cases like Smart Charge, V2G, Plug&Charge, etc…. When it comes to P2P payments and disintermediation, Web3.0 and blockchain are here !

Presenting the project​

You will find all the information about Werenode in the White Paper

Or you can begin with the condensed Lite Paper

Werecoin and Smart Contrats​

Werenode's token is Werecoin (WRC). Werenode has chosen a multichain strategy to take advantage of different key strongpoints, implemented differently by several major blockchains. Werenode started historically with a Tezos token, to take advantage of the first environmentally friendly and evolutive major blokchain using PoS (Proof of Stake) validation, and benefitting from a very low cost of transaction. The WRC address is :

KT19Fmya7B49wKYdoqXYphyQWGRUn9g5wG8R

The token can also be bought on the Binance Smart Chain. The BWRC token address is :

0xcb2B11e8B780971907A9A171754C7D767ee8Bc70

The token can also be bought on the Ethereum Chain. The EWRC token address is :

0x1D801fB8b2ED31b9990D7A2272A11c2c1D0a25b6

All other contracts on Tezos or on other Blockchains are obsolete or not related to us. Beware of scams. Please don't use the first token KT1LqEyTQ...qazAwXrg4t and 0xbCe2B12e3aA25...9C464dF528B1E5916.

Follow us on Coinmarketcap, Coinbrain, or **Coingem and many others.

Understanding Werenode's Multi-Chain Strategy

Werenode leverages blockchain technology to provide a transparent, efficient, and decentralized platform for electric vehicle (EV) charging. As part of this initiative, Werenode has created three tokens: Werecoin (WRC), based on the Tezos blockchain, Binance Smart Chain Werecoin (BWRC), deployed on Binance Smart Chain (BSC), and Ethereum Werecoin (EWRC), built on Ethereum chain. This guide will explain these tokens, their use cases, and how you can interact with them. The overall total of tokens if fixed to 89.5B tokens. There will never be more tokens than this total. However, the amount of tokens on each blockchain can vary. Currently there are 19.5B WRC on Tezos, 60B BWRC on BSC and 10B EWRC on Ethereum.

Overview​

Werenode has designed its cryptocurrency ecosystem around multi-chain interoperability. This means that users can benefit from different blockchain features by utilizing tokens on Tezos, Binance Smart Chain, and Ethereum. These tokens serve as the basis for EV charging payments, staking, and other services within the Werenode ecosystem.

1. Werecoin (WRC) on Tezos Blockchain​

Werecoin (WRC) is a utility token on the Tezos blockchain, based on the FA2 token standard. This token supports Werenode's payment infrastructure, allowing users to pay for EV charging services. The choice of Tezos was motivated by its energy efficiency, security, and low transaction fees. As a state of fact, Werenode and its Werecoins are part of the history of Tezos: our first smart contract on Tezos blockchain was the 39th. Anyway, we never received any funding by Tezos management who was more interested in football (soccer) and Formula 1 sponsoring. The current total supply of WRC is 19.5B. All the transaction volumes traded on Tezos blockchain are invisible to Coinmarketcap.

Key Features of Werecoin on Tezos:

  • FA2 Standard: Werecoin is implemented using the FA2 standard, which is a flexible token standard on the Tezos blockchain. This standard supports various token types, including fungible, non-fungible, and multi-asset tokens.
  • Energy Efficient: Tezos utilizes the Proof of Stake (PoS) consensus mechanism, making it an environmentally friendly choice compared to traditional Proof of Work (PoW) blockchains.
  • Transaction Traceability: All transactions involving Werecoin are recorded on the Tezos blockchain, ensuring full transparency and auditability.
  • Lower Transaction Fees: Tezos is known for its competitive gas fees, making it an economical choice for micro-transactions, such as EV charging payments.

Use Cases for Werecoin on Tezos:

  • Charging Payments: Users can pay for charging sessions at Werenode EV charging points using WRC.
  • Staking and Rewards: Users may stake WRC to earn rewards, thus incentivizing active participation in the Werenode ecosystem.
  • Marketplace Transactions: Owners of EVSE (Electric Vehicle Supply Equipment) can receive payments in WRC for shared usage.

Where to Trade Werecoin (WRC):

  • Spicyswap: You can trade WRC on Spicyswap.
  • Quipuswap: WRC can also be traded on this Tezos decentralized exchange.

2. Binance Smart Chain Werecoin (BWRC)​

Binance Smart Chain Werecoin (BWRC) is Werecoin token version based on the Binance Smart Chain (BSC) using the BEP-20 token standard. BWRC is designed to provide additional flexibility to users who prefer the Binance ecosystem, offering fast transaction processing and compatibility with Binance-based services. The current total supply of BWRC is 60B.

Key Features of BWRC on Binance Smart Chain:

  • BEP-20 Standard: BWRC follows the BEP-20 token standard, which is similar to Ethereum's ERC-20, providing a robust and well-established token model.
  • Low-Cost Transactions: Binance Smart Chain is known for its high throughput and low transaction costs, making BWRC an attractive choice for frequent transactions.
  • Cross-Platform Compatibility: BWRC tokens can be traded on popular decentralized exchanges (DEXs) such as Biswap, PancakeSwap, and Uniswap enhancing liquidity and accessibility for users.

Use Cases for BWRC on Binance Smart Chain:

  • Payments for EV Charging: Like WRC, BWRC can also be used to pay for charging sessions on the Werenode platform.
  • Cross-Chain Liquidity: Users can take advantage of the cross-chain features of Werecoin by swapping between three blockchains, thus benefiting from each blockchain's unique attributes and all three blockchain cumulative liquidity.
  • Access to Binance Ecosystem: Since BWRC is based on BSC, users can easily integrate their tokens into other Binance-based DeFi applications, enhancing the utility of their holdings.

Where to Trade Binance Werecoin (BWRC):

  • Biswap: the BWRC volumes on Biswap are correctly tracked by Coinmarketcap. So please use Biswap as a priority for BWRC.
  • PancakeSwap: the most popular BSC DEX. Our volumes on Pancakeswap are sadly invisible to Coinmarketcap because of a mismatch with the V1 version of the token.
  • Uniswap: world's leading DEX.
  • Tokpie: BWRC is also available for trading on this centralized exchange. Unfortunately, our volumes on Tokpie are also invisible to Coinmarketcap.

3. Ethereum Werecoin (EWRC)​

Ethereum Werecoin (EWRC) is our token based on the Ethereum Chain using the ERC-20 token standard with additional features like EIP2612 for gasless transactions and some defensive functionalities like blacklisting. The latter being necessary since, as a major legit project, we have been targeted several times by organized agressive criminal organizations. EWRC has also minting and burning functionalities to allow dynamic bridging with the other chain versions of Werecoin. The current total supply of BWRC is 10B.

Key Features of EWRC on Ethereum Chain:

  • ERC-20 Standard: EWRC follows the ERC-20 token standard, providing a robust and well-established token model.
  • Blacklisting: EWRC includes blacklisting as an additional security feature, necessary to be able to counter some attacks.
  • EIP2612 Standard: EWRC includes an EIP2612 compatible gasless permit() entry. This allows feeless payment features that we utilized with IOTPAY project (for example).
  • Cross-Platform Compatibility: EWRC tokens can be traded on popular decentralized exchanges (DEXs) such as UniSwap, enhancing liquidity and accessibility for users.

Use Cases for EWRC on Ethereum Chain:

  • Payments for EV Charging: Like WRC, EWRC can also be used to pay for charging sessions on the Werenode platform.
  • Access to Ethereum Ecosystem: Users can easily integrate their tokens into the largest DeFi ecosystem, enhancing their assets profitability.
  • Cross-Chain Liquidity: Users can take advantage of the cross-chain features of Werenode by swapping between WRC, BWRC, and EWRC.

Where to Trade Binance Werecoin (EWRC):

  • Uniswap: You can trade EWRC on the world's most popular crypto decentralized exchange.

How to Use Werecoin (WRC), Binance Werecoin (BWRC) and Ethereum Werecoin (EWRC)​

1. Setting Up Your Wallet​

To interact with Werenode tokens, you'll need to set up a compatible wallet:

  • For Werecoin (WRC): Use a wallet compatible with Tezos, such as Kukai or Temple Wallet. These wallets support the FA2 token standard and will allow you to store, send, and receive WRC tokens.
  • For Binance Werecoin (BWRC): Use a wallet compatible with Binance Smart Chain, such as MetaMask or Trust Wallet. Make sure to add the Binance Smart Chain network (chainID = 56) to your wallet to interact with BWRC.
  • For Ethereum Werecoin (EWRC): Use a wallet such as MetaMask or Trust Wallet. Make sure to add the Ethereum main network (chainID = 1) to your wallet to interact with EWRC.

2. Acquiring WRC, BWRC, and EWRC​

  • Buying WRC: You can purchase Werecoin (WRC) on decentralized exchanges such as Quipuswap or Spicyswap.
  • Buying BWRC: Binance Werecoin (BWRC) can be traded on exchanges like BiSwap, PancakeSwap, or Uniswap. BWRC is also available on P2B and Tokpie centralized exchanges.
  • Buying EWRC: Ethereum Werecoin (EWRC) can be traded on the most important crypto market UniSwap.

3. Making Payments for EV Charging with Werecoin​

  1. Locate a Charging Station: Use the Werenode mobile app to locate nearby charging stations.
  2. Connect Your Wallet: Connect your Temple wallet (for WRC) or Metamask wallet (for BWRC and EWRC) within the Werenode app.
  3. Initiate Payment: When starting a charging session, you will be prompted to pay with either WRC, BWRC, or EWRC depending on the available payment options (implementation still on-going for BWRC and EWRC).
  4. Confirm Transaction: Approve the payment through your wallet. Once the transaction is confirmed on the blockchain, your charging session will begin.

4. Staking and Rewards​

  • Staking: You can stake tokens to earn rewards, contributing to the network’s security and gaining additional tokens as a reward.
  • Liquidity Provision: If you are interested in providing liquidity for WRC, BWRC, or EWRC, you can participate in pools available on platforms like Uniswap, Biswap, Quipuswap or Pancakeswap. Each transaction on a DEX rewards the liquidity pools owners.

Advantages of Using Multi-Chain Tokens in Werenode​

  • Interoperability: By offering tokens on Tezos, Binance Smart Chain, and Ethereum Werenode provides its users with the choice to select the blockchain that suits their needs, whether it's low fees, high speed, or access to specific ecosystems.
  • Scalability: The use of multi-chain tokens allows Werenode to scale its EV charging solutions across different blockchain networks, reducing the risk of network congestion.

Frequently Asked Questions​

1. Why does Werenode use three different blockchains?​

Werenode uses Tezos, Binance Smart Chain, and Ethereum to leverage the unique strengths of each blockchain—Tezos for its energy-efficient and secure Proof of Stake consensus, Binance Smart Chain for its fast transactions and DeFi compatibility, and Ethereum for its leadership. This multi-chain approach enhances flexibility for users and provides more options for interacting with the Werenode ecosystem.

2. How can I convert WRC to BWRC or EWRC?​

You can swap between WRC (Tezos), BWRC (BSC), and EWRC (Ethereum) using supported cross-chain platforms. Detailed instructions for swapping will be provided through the Werenode platform when the feature is available. We currently collaborate with TokEngine project to develop a dedicated multichain bridge solution.

3. Can I use WRC, BWRC, and EWRC for other services beyond EV charging?​

Yes, WRC, BWRC, and EWRC can be used within the Werenode ecosystem, including staking, rewards, and participation in decentralized finance (DeFi) activities on the respective blockchain networks.

4. Why did we start with Tezos ?​

Tezos is an innovative blockchain with smart contracts in mind. Media and pundits show a growing interest (https://www.cryptodaily.co.uk/2021/10/Tezos-Listed-By-Bank-Of-America-As-Most-Undervalued-Crypto)

  • Tezos is Green thanks to its LPoS protocol. Electricity should be used to charge cars not to run miners :) It’s one of most ascetic in Wh per transaction.
  • Tezos Foundation is continuously improving efficiency of the smart contracts and thanks to experts from Edukera and Nomadics Labs we have formally proven contracts, optimized storage and open ledger.
  • Tezos is fast enough to serve real life transactions: blocks last 30 secs and transaction bandwidth is around 40 TPS.
  • Most of our Tezos transactions cost below $0.01, making it a perfect match for charging micro transactions (around $5-$10). An ERC20 transaction on Ethereum costs more. L2 initiatives or the Binance chain BSC is a great improvement but BEP20 token swaps on Pancakeswap still cost around $0.30.

We don't believe in 'One Blockchain To Rule Them All'. The crypto universe has proven to be very agile and in constant movement. We believe in protocols designed for a purpose, interoperability between blockchains, DEX more decentralized bridges, stablecoins and utility tokens all together.

Our Tezos smart contracts are developed with Archetype, the high level smart contract language built for formal verification (developed by our partners and friends from Edukera).

Conclusion​

Werecoin (WRC) on the Tezos blockchain, Binance Smart Chain Werecoin (BWRC), and Ethereum Werecoin (EWRC) are crucial elements of Werenode's vision for a decentralized EV charging network. By providing multiple options for users to participate in the charging economy, Werenode ensures flexibility, scalability, and enhanced utility for its community members. Whether you are an EV driver looking to pay for charging sessions or a contributor wanting to share his charging station, Werenode’s multi-chain approach provides a reliable and versatile platform for all.