Carbonic Shares $SCO2
$67.42
Network: Polygon Smart Chain (MATIC)
0xc54884870f7a9c9ffb3541462e192d5eb1bbbb8c
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500/500
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What is Carbonic Shares ?
Carbonic Finance is an algorithmic stablecoin protocol bringing sustainability to the Polygon ecosystem through carbon-backed treasury reserves. Inspired by Tomb Finance, the Carbonic protocol uses seigniorage mechanisms to ensure price stability and to enable bonding $BCT carbon credits, locking carbon in its carbon reserve in liquidity with $CO2.
By pegging the protocol to the price of $BCT, Carbonic can algorithmically represent the value of more tonnes of carbon removed from the environment with an elastic supply of $CO2. This representation can also generate yield opportunities with seigniorage.
Carbonic Shares ( SCO2 ) price today is $67.42. SCO2 price is down 0 % in the last 24 hours.
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