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Potential cycling tests using 42.2 wt% and 19.1 wt% Pt/C catalysts were conducted by the RRDE method to evaluate the changes in the electrochemical surface area (ECSA) and H 2 O 2 formation ability of the catalysts. As the typical operating conditions of a proton exchange membrane fuel cell (PEMFC), square wave potential cycling (0.7-0.9 V) was applied to the catalysts for 150,000 cycles in an O 2 -saturated 0.1 M HClO 4 electrolyte. During the potential cycling test, electrochemical measurements were carried out to characterize the ECSA, oxygen reduction reaction (ORR) activity and H 2 O 2 formation. After 150,000 potential cyclings, while the ECSA of the 42.2 wt% Pt/C dropped by 35 %, the ECSA loss for the 19.

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