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| Website | carbonic.finance | |
| Explorers | Polygonscan | |
| Community | Discord | |
| Search on | ||
| Source Code | Github |
Description
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.
24 hour trading pattern
Max Price chart
Carbonic Shares price today is $217.16 with a 24-hour trading volume of $52,827.15. SCO2 price is down -37.1% in the last 24 hours. It has a circulating supply of 0 SCO2 coins and a total supply of ?. If you are looking to buy or sell Carbonic Shares, Sushiswap (Polygon POS) is currently the most active exchange.
Carbonic Shares hit an all time high of $345.27 on Jun 13, 2022 (7 hours).
Carbonic Shares had an all time low of $222.70 on Jun 13, 2022 (34 minutes).
The 24 hour trading volume of Carbonic Shares is $52,827.15.
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