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DoRen
About DoRen
DoRen (DRE), short for Dokdo Renewable Energy, was a blockchain-based platform developed to manage and mediate data from small-scale renewable energy producers. It aimed to create a decentralised system where real-time energy data—generated from sources such as solar, wind and hydrogen—could be recorded on-chain and used for peer-to-peer trading. The ecosystem included a proprietary mainnet, DeFi features, a mobile wallet and a staking system. The DRE utility token functioned as a reward mechanism for energy data contributors and supported services like REC and SMP mediation. DoRen also launched a stable token (DKT) for staking rewards. The project expanded to Binance Smart Chain and Polygon to improve efficiency. Despite these developments, public activity ceased by mid-2023, and the website was taken offline. DoRen was operated by the DoRen Foundation, likely based in South Korea, and aligned with international renewable energy initiatives.
DoRen (short for “Dokdo Renewable Energy”) was a blockchain-based platform that aimed to create a decentralised infrastructure for monitoring, managing and mediating new renewable energy production, particularly from small-scale sources. The project was built around the idea of integrating real-time energy data collection with blockchain technology to ensure transparency, data integrity and decentralised access to energy-related information.
The platform focused on enabling small power plants—such as those using solar, wind, hydrogen, bio, geothermal or fuel cell technologies—to become active nodes within its network. These nodes could record their energy production data on-chain and participate in a peer-to-peer (P2P) trading system that included system marginal price (SMP) and renewable energy certificate (REC) mediation features.
In addition to data monitoring and mediation, DoRen developed a mobile wallet (DODO Wallet), staking functionality, and a DeFi interface for users to manage and exchange energy assets. The project also proposed expanding into direct hydrogen fuel cell energy generation and related infrastructure, aiming to secure more predictable revenues beyond its intermediary services.
DRE is an ERC-20 utility token issued by the DoRen platform. It was the main transactional and reward token within the DoRen ecosystem and was used to facilitate the recording, incentivisation and mediation of renewable energy production data. The token name “Dokdo Renewable Energy” reflects the project’s branding around energy sovereignty and decentralised systems.
A total of 9 billion DRE tokens were issued, with approximately 97.78% (8.8 billion) allocated for mining rewards tied to platform activity and the remaining 2.22% (200 million) designated for sale.
DRE was part of a dual-token structure. Alongside DRE, the platform issued a stable token called DKT (Dokdo is Korea Territory), which was distributed as staking rewards and tied to platform activity.