PetroDollar (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.
Rank 1264
Price $0.0307
Market Capitalization $1 966 777
24 Hours Volume $41
Available Supply 63 993 275 XPD
Total Supply N/A
Change (1 Hour) 0.31%
Change (24 Hours) -4.97%
Change (7 Days) -15.95%
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