Smart Assets In Regenerative Finance

Understanding 'Green Employees' and Their Functionality

'Green Employees' are essentially the Smart Assets that have been connected to a digital entity within the Circularity Finance ecosystem.

1. Productivity Tracking: They track the number and type of certificates generated, based on the validation of IoT data against the Green Cross Methodology.

2. Yield Calculation: The yield of these Smart Assets is based on the logic applied to the asset, which can vary depending on how the asset was financed or how it's being used to compensate participation.

3. Emissions Monitoring: These assets also monitor the costs associated with operating the IoT device, including the consumption of the necessary tokens (XDC, PLI, GCT).

The integration of Smart Assets and the concept of Positive Climate Events in Circularity Finance represent a groundbreaking approach to linking decentralized finance with real-world sustainability efforts. By utilizing IoT technology, REFI tokens, and a robust validation framework in partnership with Green Cross International, Circularity Finance is able to create a tangible impact on environmental sustainability while providing an innovative DeFi platform for its users.