Question 1

What is Energy Web Token Bridged (EWTB)?

Accepted Answer

Energy Web Token Bridged (EWTB) is the bridged version of the Energy Web Token (EWT), which operates on the Ethereum blockchain. EWTB is an ERC-20 token, enabling EWT holders to utilise their tokens within the Ethereum ecosystem, including decentralised finance (DeFi) applications, exchanges, and other services compatible with ERC-20 tokens.

Question 2

What is Energy Web Token Bridged (EWTB) used for?

Accepted Answer

EWTB serves several functions within the Ethereum ecosystem:

1. **Interoperability**: It enables Energy Web Token holders to participate in Ethereum-based applications and services.
2. **DeFi Applications**: EWTB can be used in various DeFi protocols for lending, borrowing, staking, and liquidity provision.
3. **Trading**: EWTB can be traded on decentralised exchanges (DEXs) and centralised exchanges that support ERC-20 tokens, providing liquidity and trading opportunities.

Question 3

Who created Energy Web Token Bridged (EWTB)?

Accepted Answer

Energy Web Token Bridged (EWTB) is a product of the Energy Web Foundation (EWF), a global non-profit organisation. The EWF was co-founded by the Rocky Mountain Institute (RMI) and Grid Singularity. The foundation aims to accelerate the decarbonisation of the global economy by enabling the development of applications that can help the energy sector transition to renewable energy sources.