CSR Retirement
Retirement permanently removes CSR from circulation, representing a finalized environmental claim.
What is Retirement?
- Purpose — Permanently remove CSR from circulation
- Effect — Tokens sent to retirement vault with no withdrawal possible
- Meaning — Finalized claim of plastic neutrality
- Certificate — Issued with QR code linking to blockchain transaction
Why Retire CSR?
- Environmental claim — Proves permanent commitment to plastic neutrality
- Corporate reporting — Verifiable sustainability metrics for ESG reports
- Public recognition — Hall of Fame listing available
- Prevent double-counting — Aligns with WWF accountability standards
How to Retire CSR
Prerequisites
- KYC — Must be verified
- CSR location — Must be in an external blockchain wallet
- Gas — Must have ETH for transaction fees
Steps
- Navigate to CSRnow.com
- Go to the retirement feature
- Specify the amount of CSR to retire
- Confirm the transaction
- Pay gas fees
- CSR is sent to the retirement vault
- Download your certificate
Retirement Vault
- Type — Null contract (no withdrawal function exists)
- Design — Tokens can never be retrieved
- Permanence — Retirement is irreversible
- Verification — Contract verified on Etherscan
- Transparency — All retirements publicly visible on the blockchain
Costs
- Gas fees — Paid by the retiring member (variable based on network congestion)
- Platform fees — None
Hall of Fame
Recognition for members who retire CSR.
Privacy Options
- Private — Only visible to you
- Public — Visible to all visitors
- Restricted — Visible to logged-in members only
Company Recognition
For corporate retirements:
- Company logo — Featured in Hall of Fame
- Company name — Displayed with retirement
- Company URL — Linked for recognition
Certificates
Retirement Event Certificate
- Content — Details of the specific retirement
- QR code — Links to transaction on Etherscan
- Download — Available immediately after retirement
Comprehensive Certificate
- Content — All retirements from your address
- QR code — Links to CSRnow page listing all events
- Use case — Corporate sustainability reporting
Future Enhancements
- 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
- Irreversible — Retirement cannot be undone
- No refunds — Retired CSR cannot be recovered
- Gas varies — ETH gas costs fluctuate with network activity
- Verification — Always verify the transaction on Etherscan