Retirement permanently removes CSR from circulation, representing a finalized environmental claim.
What is Retirement?
| Property | Detail |
|---|
| Purpose | Permanently remove CSR from circulation |
| Effect | Tokens sent to retirement vault with no withdrawal |
| Meaning | Finalized claim of plastic neutrality |
| Certificate | Issued with QR code linking to blockchain |
Why Retire CSR?
| Reason | Benefit |
|---|
| Environmental claim | Proves permanent commitment to plastic neutrality |
| Corporate reporting | Verifiable sustainability metrics |
| Public recognition | Hall of Fame listing available |
| Prevent double-counting | Aligns with WWF accountability standards |
How to Retire CSR
Prerequisites
| Requirement | Detail |
|---|
| KYC | Must be verified |
| CSR location | Must be in external blockchain wallet |
| Gas | Must have ETH for transaction fees |
Steps
| Step | Action |
|---|
| 1 | Navigate to CSRnow.com |
| 2 | Go to retirement feature |
| 3 | Specify amount of CSR to retire |
| 4 | Confirm transaction |
| 5 | Pay gas fees |
| 6 | CSR sent to retirement vault |
| 7 | Download certificate |
Retirement Vault
| Property | Detail |
|---|
| Type | Null contract |
| Design | No withdrawal function exists |
| Permanence | Tokens can never be retrieved |
| Verification | Contract verified on Etherscan |
| Transparency | All retirements publicly visible |
Costs
| Fee Type | Amount |
|---|
| Gas fees | Paid by retiring member (variable) |
| Platform fees | None |
Hall of Fame
Recognition for members who retire CSR:
Privacy Options
| Setting | Visibility |
|---|
| Private | Only visible to you |
| Public | Visible to all visitors |
| Restricted | Visible to logged-in members only |
Company Recognition
| Feature | Description |
|---|
| Company logo | Featured in Hall of Fame |
| Company name | Displayed with retirement |
| Company URL | Linked for recognition |
Certificates
Retirement Event Certificate
| Feature | Description |
|---|
| Content | Details of specific retirement |
| QR code | Links to transaction on Etherscan |
| Download | Available immediately after retirement |
Comprehensive Certificate
| Feature | Description |
|---|
| Content | All retirements from your address |
| QR code | Links to CSRnow page listing all events |
| Use case | Corporate sustainability reporting |
Future Enhancements
| Feature | Description |
|---|
| Multi-address retirement | Retire from multiple wallets |
| Group retirements | Collaborative retirement with shared certificate |
| Off-site retirement | Retire without logging into CSRnow |
| Third-party agents | Certified agents can process retirements |
Important Notes
| Note | Detail |
|---|
| Irreversible | Retirement cannot be undone |
| No refunds | Retired CSR cannot be recovered |
| Gas varies | ETH gas costs fluctuate with network activity |
| Verification | Always verify transaction on Etherscan |