Cryptocurrency Q&A
What is a VPP transaction?
What is a VPP transaction?
Nicola
Sun Nov 10 2024
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7 answers
1701
I recently encountered the term 'VPP transaction' and I'm not sure what it means. Could someone explain what a VPP transaction is, possibly including its purpose, how it works, and where it might be used?
7 answers
Valentina
Mon Nov 11 2024
In a VPP transaction, a producer engages in a specific agreement with a third party.
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TimeRippleOcean
Mon Nov 11 2024
The obligation to deliver this production is set for a fixed duration.
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EnchantedNebula
Mon Nov 11 2024
The producer agrees to sell a predetermined volume of production from its monthly output.
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Daniele
Mon Nov 11 2024
This fixed term usually spans from three to five years.
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Dario
Mon Nov 11 2024
This predetermined volume is attributed to the producer's interest in certain identified leases.
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