Carbonic
Low
High
Price CO2 to USD now is $0.79. Trading volume by 24-hours $166.354. Carbonic, which_ranked #10000 price is down 0% in the past 24-hours. Carbonic has circulating supply of $0 and have $0 capitalization.
The all-time high price of CO2 is $0, the record was set on the 0.
CO2 all-time low price is $0, the record was set on 0.
7 days ago the price was $1 , this changed the CO2 price by 0%
14 days ago the price was $1 , this changed the CO2 price by 0%
30 days ago the price was $1 , this changed the CO2 price by 0%
60 days ago the price was $1 , this changed the CO2 price by 0%
1 days ago the price was $1 , this changed the CO2 price by 0%
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.