Toucan Protocol

Supply-side fees represent fees paid by liquidity providers or supply-side participants to use a protocol's services. For Toucan Protocol, this metric is currently set to zero as the protocol does not charge supply-side fees. However, the metric maintains the standard calculation structure by leveraging the revenue calculation framework and then setting all supply-side fee values to zero. Toucan Protocol operates as a carbon credit infrastructure platform where users can deposit carbon credits (TCO2 tokens) into pooled tokens like BCT (Base Carbon Tonne) and NCT (Nature Carbon Tonne). While the protocol charges redemption fees when users redeem specific carbon credits from these pools, these fees are classified as revenue rather than supply-side fees.Learn more