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Toucan — an open network on Polygon logo

Toucan — an open network on Polygon

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What is Toucan — an open network on Polygon?

Toucan is building a favorable economy, based on an open network, starting with the necessary public infrastructure to create a new cash flow.

Contents:

Toucan

About the Toucan project

Carbon Bridge provides a transition to compensate for carbon emissions from the source registers to the "Meta Registry" Toucan, working on Polygon, an EVM-compatible chain of blocks, operating on the energy efficient consensus mechanism of Proof of Stake. After connecting tokenized carbon substitutions (called TCO2 tokens), can be deposited in the carbon pool. These carbon reference pools take only offsets that contain attribute set.

Placing TCO2 token into the pool, users receive reference carbon tokens, interchangeable token pool, supported by one displacement, contained in the smart contract.Toucan

The first carbon pool, developed with the partner of the Klimadao launch, is a base carbon ton or BCT. In the coming months, reference carbon pools with other attribute sets will be designed and created.

Other features:

1 The main purpose of the voluntary carbon market - to attract funding for carbon projects that reduce greenhouse gas (GHG) emissions.
2 Carbon offsetting - a vehicle that links carbon projects with consumers who buy offset to meet their climate goals.
3 Carbon offset - the measurable and verifiable removal, reduction or avoidance of greenhouse gas emissions and is expressed in tCO2e (which stands for “tonne of CO2 equivalent”).

The Carbon Bridge allows anyone to contribute their carbon offsets to the chain in tokenized form. Tokens have many benefits, including full transparency, programmability, fragmentation and the ability to combine with the evolving DeFi ecosystem. Developers want tokenized carbon to become the new DeFi primitive. Currently, the Carbon Bridge connects the legacy carbon ledgers with the on-chain ledger on the Polygon network.

Additional information about the crypto new site

There is an introductory document on the site. With its help, each user can study the features of the site. RoadMap will appear later. From social networks, the community leads:

The smart contract doesn’t have an audit. Use email to contact the developers.

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