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What is Toucan Protocol
Toucan is a non-custodial interoperability protocol that bridges off-chain carbon credits on-chain, and bundles illiquid carbon credits to liquid carbon reference tokens. Toucan is currently built on Polygon and was founded by Raphaël Haupt in 2020.
How does Toucan Protocol work
Toucan receives fees when off-chain carbon credits are bridged on-chain and when liquid carbon reference tokens are redeemed for carbon credits (revenue).
Who governs Toucan Protocol
Toucan team & investors own and govern the protocol. Toucan’s investors include USV, Earthshot Ventures, etc.
Daily fees vs. daily revenue in the past 180 days.