What does the SOL token do?
SOL tokens are an essential part of the SOLARA ecosystem.
SOL can be spent to pay the registration cost of a new solar asset, which activates the SHM during the “Proof of Installation” bonding event. To
SOL is also used and/or consumed to create cryptographic proofs of attestations about physical hardware throughout its entire lifetime. These witness proofs provides transparent log of the energy metrics, temperature and eventual panel longevity data (secured and accumulated from a particular asset), allowing for global, trustless collaboration between investors, stakeholders and project managers.