toucan-protocol-base-carbon-tonne logo download PNG or SVG

Information about toucan-protocol-base-carbon-tonne

Base Carbon Tonnes (BCT) is a token that represents a single tonne of carbon sourced from the Verra Verified Carbon Unit (VCU) registry from 2008 onwards. This connection is facilitated by the Toucan Protocol. Verra holds a prominent position as a voluntary carbon credit issuer, with each VCU created in their registry signifying genuine emissions reduction achieved through projects that have undergone rigorous measuring and auditing conducted by independent third parties. The Toucan Bridge stands as the pioneering platform enabling any user to convert their VCUs into cryptocurrency. As a fungible ERC 20 token, BCT can seamlessly integrate into various decentralized finance (DeFi) applications. BCT essentially serves as a foundational element in establishing an inclusive regenerative finance ecosystem.

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