ENRG Technical Overview v2.0

1. Architecture

IoT Devices (ESP32+PZEM‑004T) → Oracles (Switchboard planned) → Smart Contracts (Solana) → Energy Vault ↔ Users / Markets

2. Proof-of-Production (PoP)

Every 10 min, controller sends signed proof {device_id, timestamp, energy_wh, signature}.
Contract verifies signature, timestamp (≤15 min), power limit, nonce, then mints ENRG with 15% protocol fee distribution.

① Connect any source → ② ESP32+PZEM‑004T signs proof every 10 min → ③ Smart contract validates & mints ENRG

3. Smart Contracts (Solana / Anchor)

• registry – device registration, staking
• mint_enrg – proof validation, minting with split: 85% user, 15% fee → Buyback 20%, Staking 40%, DAO 30%, Emergency 10%
• vault – revenue management
• buyback_burn – automated market buy and burn
• staking – stake/unstake/claim
• founder_vesting – 1‑year cliff, 3‑year linear

4. API

POST /api/v1/proof/submit – submit energy proof

GET /api/v1/device/{id}/status – device info

5. Energy Vault Economy

20% Buyback & Burn · 40% Staking Pool · 30% DAO Reserve · 10% Emergency Fund

6. Roadmap

7. Tokenomics (May 2026)

The ENRG token is engineered as a hard-capped, energy-denominated asset with clear protocol fees and deflationary mechanics.

• Max supply: 1,000,000,000 ENRG (fixed cap)
• Scale: 1 ENRG = 1 MWh (1,000 kWh)
• Token decimals: 6 (1 ENRG = 1,000,000 base units)
• Protocol fee: 15% of every mint distributed as:
  • 20% Buyback & Burn
  • 40% Staking Rewards
  • 30% DAO Reserve
  • 10% Emergency Fund
• Source multipliers:
  • Solar, Wind, Hydro: 100%
  • Biogas: 80%
  • Fossil: 50%

Initial Distribution (200M ENRG, 20% of cap)

Deflationary Mechanics

Every protocol fee is split to reinforce scarcity and long-term sustainability:

• 20% of every protocol fee buys ENRG from the market and burns it (Buyback & Burn).
• 40% of fees are distributed to stakers as rewards.
• 30% of fees fund ecosystem development via the DAO Reserve.
• 10% of fees are allocated to an Emergency Fund for black swan events.

8. Emission Curve & Scarcity Forecast

The ENRG emission curve is designed so that circulating supply tightens as network adoption grows, creating structural scarcity.

• Conservative scenario (5% network growth per year):
  • Assuming modest onboarding of energy producers and stable demand, the 800M ENRG free float is projected to be fully mined by 2030.
  • This implies a gradual but steady reduction in newly issued ENRG over the next few years.
• Moderate scenario (15% growth per year):
  • With stronger adoption and compounding growth in energy tokenization, mining of the 800M ENRG free float ends by 2028.
  • This accelerates scarcity and shifts value capture toward secondary markets and staking yields.
• Aggressive scenario (10x growth in first year):
  • If ENRG experiences a breakout year with 10x growth in tokenized energy volume, the remaining tokens are exhausted within 18 months.
  • Under this regime, ENRG rapidly transitions from an emission-driven asset to a purely fee- and scarcity-driven asset.

Across all scenarios, ENRG is programmed to become a deflationary asset: as demand for tokenized MWh grows and the remaining supply shrinks, buyback & burn mechanics and capped issuance drive increasing scarcity and potential value appreciation over time.

9. IoT Hardware Prototype

The first ENRG IoT prototype demonstrates end-to-end measurement, signing, and submission of energy data from real-world devices.

• ESP32 DevKit V1 with PZEM-004T sensor: measures voltage, current, power, and energy consumption at the edge.
• Ed25519 on-device signing: each measurement batch is signed locally, ensuring authenticity and tamper resistance.
• Wi-Fi data submission every 10 minutes: periodic pushes to the ENRG oracle layer keep on-chain state closely aligned with physical reality.
• OLED display for local monitoring: operators can verify live readings and device status without relying on external dashboards.
• Secure Element (ATECC608) planned for production: hardware-grade key storage and secure signing for large-scale deployments.

10. Oracle Architecture

The ENRG oracle stack bridges physical energy measurements into verifiable on-chain data with a clear evolution path from MVP to production.

• Primary: Switchboard for decentralized data delivery and aggregation.
• MVP: a local oracle-publisher.js script that ingests signed device data and publishes it to the network.
• Production: direct CPI (Cross-Program Invocation) to the ENRG smart contract, minimizing latency and trust assumptions.

11. Investment Opportunity

ENRG is positioned as a DePIN-native energy asset with clear capital needs and a transparent revenue trajectory.

• Pre-Seed: $150k – $250k targeted to fund:
  • Smart contract and protocol audits.
  • MVP refinement and UX polish.
  • Legal structuring and compliance.
  • Marketing and community growth.
  • Initial DEX liquidity provisioning.

Projected Vault Revenue

Full technical specifications, detailed financial models, and deployment roadmaps are available upon request for qualified investors.

12. Competitive Advantages

ENRG combines real-world energy backing with crypto-native incentives to create a differentiated DePIN asset.

• Supports any energy source (solar, wind, hydro, biogas, fossil) with transparent multipliers.
• Real asset backed by MWh, not loyalty points or synthetic credits.
• Buyback & Burn mechanics continuously remove ENRG from circulation, creating structural scarcity.
• Energy source multipliers incentivize green energy and reward low-carbon producers.
• Fully decentralized, open source architecture aligned with DePIN and Web3 principles.
• Built on the fast and cheap Solana blockchain (2000+ TPS), enabling high-throughput settlement and low fees.

13. Security Model

13.1 IoT Device Security

• Ed25519 private key is generated and stored on the device during provisioning.
• Future production devices will use a dedicated Secure Element (ATECC608) for hardware‑grade key protection.
• Over‑the‑Air (OTA) firmware updates are signed and verified before installation to prevent unauthorized modifications.
• Physical tamper detection triggers immediate key invalidation.

13.2 Data Integrity & Replay Protection

• Every energy proof includes a monotonically increasing nonce, which is validated by the smart contract. Replay of an old proof is rejected.
• The proof also contains a timestamp that must be within 15 minutes of the current Solana block time, limiting the window for stale data.
• The smart contract enforces a maximum energy per interval based on the registered device power rating, preventing inflated readings.

13.3 Communication Security

• Devices communicate over TLS‑encrypted channels to the oracle endpoint.
• In the production phase, Switchboard’s decentralized oracle network will aggregate and validate data, removing single points of failure.

13.4 Smart Contract Security

• All ENRG programs are written in Rust using the Anchor framework and follow Solana’s secure development best practices.
• A third‑party professional audit of all core programs is scheduled as Milestone 1 in the roadmap.
• The protocol supports upgradeability through a secure multisig governance model, with a clear path to full DAO governance.