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  2. Toucan Protocol - Logo
    Toucan Protocol
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Toucan Protocol - Logo

Toucan Protocol

Standardized
Infrastructure
Price
N/A
Chains
Celo - Logo
Polygon - Logo
2 chains

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What is Toucan Protocol?

Toucan is an infrastructure protocol that bundles illiquid carbon credits to liquid carbon reference tokens, and bridges off-chain carbon credits on-chain. Toucan is currently built on Polygon and was founded by Raphaël Haupt in 2020.

How does Toucan Protocol work?

Toucan receives fees when liquid carbon reference tokens are redeemed for carbon credits and when off-chain carbon credits are bridged on-chain (revenue).

Who governs Toucan Protocol?

Toucan team & investors own and govern the protocol. Toucan’s investors include USV, Earthshot Ventures, etc.
RevenueToucan Protocol's share of redemption fees$100Allows users to deposit illiquid carbon credits for liquid carbon reference tokensSupply-side feesLiquidity Providers' share of redemption fees$0Liquidity ProvidersFeesRedemption fees$100Redeemer
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

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