Reserves

To add/create an active, reserve or retirement account you can follow the step from our help doc here

What is a reserve account?

A reserve account is an account that is used to designate certificates as “reserved”. Transferring certificates to a reserve account removes the certificates from circulation and does not make any status usage changes to the certificates.

Once certificates are placed in a reserve account they can no longer be transferred to another organization. Reserve accounts and the transactions associated with them are considered permanent. Reserve accounts differ from a retirement in the sense that the certificates and their retirements are not managed by M-RETS. Certificates deposited into a Reserve Account will be settled and claimed outside of M-RETS. The M-RETS Administrator cannot verify an environmental claim for certificates deposited into the Reserve Accounts.

What is a reserve certificate?

A reserve certificate is when a user wishes to manage their certificate outside of M-RETS. A user will need to create a reserve account first and they can follow on instructions on how to create one here.

Reserve accounts and the subsequent functionality are intended for users that wish to manage their certificates outside of M-RETS (ex: selling the certificates through a market feature such as Power Ledger). 

Any users with manage permissions can transfer certificates to a reserve account, this transaction removes certificates from circulation. Once certificates are placed into a reserve account they can no longer be transacted upon and are considered permanent in the account.

Down below you can find the Reserve Accounts under the Accounts tab on the left hand side and you can create a reserve account by clicking on the 'add new account' button. You can also follow the steps here.