XPD PetroDollar

$0.008858

+2.07%

PetroDollar (XPD) Price Chart

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1H -
24H +2.07%
1Y -

Rank #N/A
Market Cap 0.00% -
24H Spot Volume 0.00% $3.8376
24H Volume / Market Cap -
Circulating Supply -
Total Supply -
Max Supply -
Fully Diluted Valuation -
API ID petrodollar
Project Start Date -
Contracts & Explorer(s)
Websites Website
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About XPD

PetroDollar is a peer-to-peer digital currency designed to deflate with relation to the world crude oils reserves. PetroDollar has a approximate 1:10,000 relationship to barrels of oil still existing in the ground, thus creating an analogy of the USD/OIL trading pair. Every transaction(Tx) broadcast over the PetroDollar network will be charged a transaction fee to be destroyed in line with oil depletion. Transaction fees are destroyed autonomously, at an organic rate based on a mathematical model of the oil market. PetroDollar has a current fee of 1.429% of the amount transmitted, increasing to approximately 15% in year 2045.

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