Regulated
Austria based and European regulated crypto & securities broker platform
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ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Name | Bitpanda Asset Management GmbH, Bitpanda GmbH |
Relevant legal entity identifier | 9845005X9B7N610K0093, 5493007WZ7IFULIL8G21 |
Name of the crypto-asset | Camino Network |
Consensus Mechanism | The Camino Network operates on a form of Proof of Stake (PoS) mechanism where validators are responsible for securing the network and producing blocks. Validators are selected through a consortium voting process, provided they meet specific criteria, such as holding a minimum of 100,000 CAM tokens, undergoing KYC/Know-Your-Business (KYB) verification, and earning approval via the validator consortium. |
Incentive Mechanisms and Applicable Fees | The Camino Network incentivizes validators to maintain network security and efficiency. Validators must stake a fixed 100,000 CAM tokens to participate and earn rewards for their contributions to block production and transaction validation. Transaction fees are kept minimal to facilitate high-frequency activities, such as bookings and payments, within the travel ecosystem. |
Beginning of the period | 2024-09-09 |
End of the period | 2025-09-09 |
Energy consumption | 59130.00000 (kWh/a) |