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 | Matchain |
Consensus Mechanism | Matchain operates as a Layer 2 rollup on BNB Chain, inheriting security and consensus from the Optimism stack. It does not implement its own consensus protocol; instead, it relies on the L1 consensus mechanism in connection with OP Stack's fault-proof system. |
Incentive Mechanisms and Applicable Fees | The native token, MAT, is used for governance, access control, and executing campaigns within the ecosystem. Users can earn MAT through verified participation and by staking in dedicated pools. While transaction fees on the network are paid in BNB, MAT plays a central role in incentivizing contributions and supporting decentralized coordination mechanisms. |
Beginning of the period | 2024-09-13 |
End of the period | 2025-09-13 |
Energy consumption | 17607.60000 (kWh/a) |