Toucan Profile picture
Aug 19, 2022 13 tweets 8 min read Read on X
11 @CeloOrg projects to keep an eye on 👀

Check out these exciting projects utilizing tokenized carbon credits on the Celo blockchain — from #NFTs & decentralized climate investing to #DeFi applications & #ReFi indexes! 🧵

#ReFlySummer Image
1/
@celostrials is integrating NCT into their NFT collection, so that Celostrial holders can carbonize their aliens and earn climate activity rewards with them
Celostrials is also working on an open source, green ERC721 standard

celostrials.com/#/
2/
@SpiralsProtocol builds regenerative infrastructure directly into proof-of-stake blockchains

Members directly invest in climate impact projects, by allocating a portion of their yield rewards to an impact treasury

spirals.so
3/
@0xSymmetric is an Automated Market Maker and Decentralized Exchange

In partnership with Toucan, Symmetric and other ReFi ecosystem players will be releasing a cReFi index built on Symmetric, which will include $NCT

medium.com/@Symmetric.Fin…
4/
@ReturnProtocol empowers you to offset all of your on-chain activity on autopilot:
1️⃣ Store the Return offsetting NFT in your wallet 👜
2️⃣ Set your offset preferences on the Return dashboard 🎚
3️⃣ Transact as normal and let Return do the rest 😎

producthunt.com/upcoming/retur…
5/
@ubeswap is a mobile-first DeFi exchange built on Celo — and the Celo exchange with the highest TVL

They will partner with us to launch their largest single pool, focused on NCT and mcUSD. Ubeswap will provide liquidity incentives for the pool

ubeswap.org
6/
@senken_io addresses issues in the VCM by leveraging #web3 to create an on-chain carbon credit marketplace for auditable climate action

This includes features like an orderbook DEX, corporate profile pages & an easy, web2-friendly login
senken.io
7/
@EthicHub lets you quickly generate social impact: Improve the living standard of small farming communities by investing in their projects, buying their coffee, or providing liquidity for their loans

NCT will be used to purchase Ethic Hub bonds

ethichub.com/en/
8/
@CyberboxArt is a ReFi NFT marketplace that allows you to trade NFTs and automatically offset CO2

NCT will be embedded into the Cyberbox platform, and users can even select which carbon credits they’d like to use to offset

cyberbox.art
9/
@QiDaoProtocol & the website Mai Finance provide a way for you to keep your crypto and still spend its value

They will add #ReFi assets as collateral for $MAI, starting with $NCT, and plan to pair NCT with MAI for LPs on Celo

app.mai.finance
10/
@Plastiks_io uses a smart contract approach to merge NFTs with real plastic recovery data. This sets a new standard for traceability in plastic production and recycling

We're excited to work with Plastiks & will share more details soon!

plastiks.io
11/
@ReSource_Fi is a decentralized, regenerative economy fuelled by local resources and human potential.
It's an Open-Source cooperative without a central party

We're exploring different ways to partner with ReSource — stay tuned for more info!

resource.finance
12/
Full blogpost + action steps here: blog.toucan.earth/11-celo-projec…

Don't forget to follow us here on Twitter for updates on more projects building with carbon!

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More from @ToucanProtocol

Aug 31, 2022
🎉 Re:Generate Berlin schedule is here!

Get excited about a day of workshops, networking, and.. something fun in the evening that's unlocked for everyone holding a Re:Generate ticket! 👀

Speakers, Workshops & Roundtables 🧵 👇
2/
Roundtables:

1️⃣ Green Data Standards:

w @HYPHEN_AG & @filecoingreen

2️⃣ Examining our relationship to certification bodies:

Where do we stand, and where do we go from here?
w @greentradeco2
Read 5 tweets
Aug 30, 2022
Attention, #web3 builders 🛠️ — the OFFSET HELPER is a cool example of how we can integrate climate action in the way we interact on-chain 🌿

But what does the Toucan "Offset Helper" do? 🧵
1/
The Offset Helper packs the process of swap → redeem → retire into one simple transaction

It makes it super-easy to offset the carbon footprint of wallets or smart contracts

Confused? Let's look at what exactly this means 🔍
2/
Retiring carbon tokens on the blockchain requires multiple interactions with Toucans infrastructure:

1️⃣ Obtain a carbon reference token, like $NCT (ie on @Uniswap @0xPolygon
2️⃣ Redeem NCT for the underlying tokenized carbon credit (called TCO2)
3️⃣ Retire the TCO2 token
Read 8 tweets
Jun 3, 2022
@KlimaDAO might introduce inverse bonds. What are they, when could they come into effect, and how can they impact the #ReFi ecosystem and on-chain carbon market?

We'll dive into the good, the bad & the ugly 🧵
@KlimaDAO 1/
A bit of context: KlimaDAO is by far the largest holder of tokenized carbon, with +18m tonnes locked away in their treasury

Carbon gets sucked into KlimaDAOs treasury via bonds

But if inverse bonds for tokenized carbon are introduced, it won't stay in there... 👀
@KlimaDAO 2/
Inverse bonds are KlimaDAOs way to protect the value of its currency, $KLIMA

They could be launched if KLIMA trades below intrinsic value (IV)

A proposal for this was approved in Feb 2022

snapshot.org/#/klimadao.eth…
Read 19 tweets
Jun 2, 2022
Everyone in #ReFi has been talking about #CarbonBridges since the @VerraStandards announcement came out last week

Bridges connect the legacy carbon market with #Web3 carbon market infrastructure

How does an ideal bridge look, and how do we get there?

Let’s dive in 🧵
@VerraStandards 1/
An ideal bridge is a two-way bridge where carbon credits can freely flow between the off-chain and the on-chain world

Whatever is bridged on-chain can be bridged back, anytime and autonomously ↩️

The bridge should be deterministic and won't need a custodian
@VerraStandards 2/
This has a few key benefits

- Everyone can take advantage of arbitraging opportunities
- This creates more trading volume in carbon markets
- Bridgers feel more comfortable bridging because the tokenization isn't irreversible
Read 13 tweets
May 26, 2022
We - as humanity - need to significantly scale up our carbon removal game. And we need to do it really fast. Otherwise, we won’t be able to prevent the most destructive outcomes of the climate emergency

Here are 7 promising carbon dioxide removal (CDR) solutions

A 🧵
1/
1️⃣ Forestation
Our forests are responsible for removing nearly 30% of human CO2 emissions annually. Forestation could remove 4-12 giga-tonnes of carbon/year

It's important to keep in mind that stopping deforestation is more effective than a reforestation project
2/
For carbon offsetting, 4 types of forestation projects matter:

• Restoration
• Afforestation
• Agroforestry
• Improved forest management

But it can take up to 100 years for carbon sequestration potential from forests to reach its peak
Read 26 tweets
May 25, 2022
Today, @VerraStandards made a public announcement addressing crypto instruments and tokens. 3 key pieces of news affect the Toucan Protocol

Let's dive in 🧵
@VerraStandards 1/
Verra
1️⃣ prohibits further bridging of carbon credits on-chain
2️⃣ explores a path to tokenization by introducing an “immobilized” state into their registry
3️⃣ launches a public consultation to create the best carbon market system
@VerraStandards 2/
First, we want to highlight that we welcome this announcement from Verra, which comes after a lengthy dialogue and close contact between Verra, multiple other carbon market stakeholders and us
Read 15 tweets

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