SLR to USD Converter
How much US Dollar ( USD) is 1 Solarcoin ( SLR)?
![change](https://assets.coingecko.com/coins/images/152/small/solarcoin.png?1696501524)
Solarcoin
SLR
US Dollar
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How does it work?
The Morpher currency calculator allows you to convert a currency from Solarcoin (SLR)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of Solarcoin you wish to convert to USD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 SLR, 5 SLR, 10 SLR, 50 SLR etc.
Trade SLR on Morpher with zero fees and infinite liquidity
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Quick facts about Solarcoin
Solarcoin is a Scrypt based alternative digital currency and its innovation comes from the secondary proof of work reward: the Solar Proof of Work. Green solar energy producers are entitled to receive one SLR for every MWh electricity generated. In order to claim a Solar Proof of Work reward, solar plant owners must submit 3rd party verified energy generation certificates such as a Solar Renewable Energy Certificate (SREC) or equivalent country specific documentation. All Solar Proof Of Work rewards will be stored as transactions in the blockchain.
The supply of SLR comprises of the following:
- The Mining Pool: 105 million Solarcoins (0.1%) to be publicly mined over the next 40 years. All publicly mined Solarcoins represent historically generated and unclaimed solar electricity.
- The Generator Pool: 97.5 billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for Solar Proof of Work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy.
- The Genesis Pool: 500 million Solarcoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total Solarcoin in circulation.
SLR Price Chart
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SLR to USD price stats
24hr
-7.16%
7d
-11.77%
30d
-13.58%
Over the past 30 days, Solarcoin has dropped -13.58% to USD. The trend and price charts for the past
week shows that SLR has dropped -11.77% to USD and over the past 24 hours, SLR has dropped -7.16% to
USD.