Polygon Mainnet

Joule Credits

ERC-20 · Chainlink-verified DR settlement

Joule Credits
Total minted
JLC
Events verified
on Polygon Mainnet
Contract
0x14b90101
Polygon Mainnet

Verification Chain

1 JLC = 1 kWh curtailed · decentralized verification

OpenADR VTN
vtn.data-joule.com
VEN Control
mtl-ven-01
Smart Plug
Zigbee · wattage_w
Chainlink DON
DON consensus
ERC-20 Mint
JLC token · Polygon

Why this is different

The Problem

Existing DR settlement is opaque: the utility trusts the customer's self-reported claim of curtailment. There is no cryptographically verifiable proof that load actually dropped. This is the oracle problem applied to energy.

The Mechanism

Joule Credits solve it with Chainlink's Decentralized Oracle Network. When an event completes, multiple independent oracle nodes fetch the physical wattage measurement from the open API. Consensus is required before any token is minted — no single party can forge a result.

The Result

Every JLC token carries a provable audit trail: OpenADR event ID, Chainlink request ID, Polygonscan transaction hash. Settlement is no longer a claim; it is a fact recorded on-chain.

Event Log

Verified curtailment events · 30-day retention

DateEventTierCurtailedJLC MintedTxSource
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Token Economics

1 JLC = 1 kWh curtailed · @$0.12/kWh reference · 100 events/year

FleetEvents/yrAnnual JLC@$0.12/kWh
1 Pi (this node)1000.0375 JLC$0.005
1,000 nodes100 each37.5 JLC$4.50
1M nodes100 each37,500 JLC$4,500
V2GPhase 3100 × 10 kWh1,000,000 JLC$120,000

V2G is the economic unlock — same token, same contract, same oracle, representing injected kWh.

Contract

View Source
GitHub ↗
joule-credits repo
View on Polygonscan
0x14b90C2E… ↗
Polygon Mainnet
Network
Polygon Mainnet
chainId 137
License
Apache 2.0
Patent protected