Toucan Protocol

Capital deployed measures the cumulative net amount of NCT (Nature Carbon Token) and BCT (Base Carbon Token) tokens held within the Toucan protocol across Polygon and Celo chains. This metric represents the total capital that users have deposited into the protocol minus any redemptions, accounting for cross-chain bridge transfers. It answers the business question: "How much total capital value is currently deployed and managed within the Toucan carbon token ecosystem?" The calculation approach tracks all token flows (deposits, redemptions, and bridge transfers) to maintain running account balances, then converts these balances to USD to provide a comprehensive view of capital deployment across both supported chains.Learn more