How It Works - PlantCard

The GBP Peg Mechanism

PlantCard maintains a strict 1:1 value ratio with the British Pound through a fully-backed reserve system. For every PLANT$ token in circulation, there is exactly £1 GBP held in reserve by regulated financial institutions.

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You Deposit GBP

Transfer British Pounds to our regulated partner institutions

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Receive PLANT$

Get an equal amount of PLANT$ tokens minted to your wallet

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Reserves Secured

Your GBP is held securely and audited regularly

Key Features

100% Reserve Backing: Every token is backed by real GBP reserves
Instant Redemption: Convert PLANT$ back to GBP anytime
Price Stability: Always trades at approximately £1
Transparent Audits: Monthly third-party reserve audits published publicly

Automatic Sustainability Funding

Every PLANT$ transaction includes a small sustainability fee (typically 0.5% or less) that automatically funds verified environmental projects. This happens transparently on-chain with zero additional cost to you.

Transaction Fee Breakdown

Sustainability Projects 0.3%

Network Operations 0.1%

Reserve Management 0.1%

Total Fee 0.5%

Where Your Sustainability Fees Go

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Reforestation (40%)

Tree planting initiatives in deforested areas worldwide

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Carbon Offset (30%)

Verified carbon reduction and offset projects

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Ocean Conservation (20%)

Protecting marine ecosystems and reducing ocean pollution

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Renewable Energy (10%)

Supporting clean energy infrastructure in developing regions

PlantCard vs Traditional Stablecoins

Feature	PlantCard (PLANT$)	Traditional Stablecoins
GBP Pegged	Yes (1:1)	Usually USD
Sustainability Funding	Automatic	None
Reserve Transparency	Monthly audits	Varies
Environmental Impact	Every transaction	None
Transaction Speed	Instant	Instant
Transaction Fees	~0.5%	Varies
ESG Compliant	Yes	No

How PlantCard Works