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Base Carbon Tonne

Base Carbon Tonne

Project
basepolygonPolygon EcosystemRegenerative Finance (ReFi)Base Ecosystem
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About

Base Carbon Tonnes (BCT) is a reference token representing one tonne of carbon from the Verra Verified Carbon Unit (VCU) registry from 2008 or later, bridged by the Toucan Protocol. Verra is the dominant voluntary carbon credit issuer and each VCU minted in their registry represents a real emissions saving from a project, that has been measured and audited by independent third parties. The Toucan Bridge is the first to allow any user to bridge their VCUs into crypto, and because it is a fungible ERC 20 token it can directly be integrated into any DeFi application. BCT is a foundational building block to enable an open regenerative finance ecosystem.

BCT/USDT

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History

2023
Aug 9, 2023chain expansionmajor

Toucan Protocol deploys on Base, expanding BCT to Base ecosystem

2022
May 25, 2022regulatory actionmajor

Verra halts tokenization of carbon credits, Toucan pauses BCT minting

2021
Oct 18, 2021product launchmajor

Toucan Protocol launches Base Carbon Tonne (BCT) on Polygon