What is a base carbon tonne (BCT)?

Please refer to Affiliate Disclosure. Base Carbon Tonnes (BCT) is a reference token representing one tonne of carbon from the Verra Verified Carbon Unit (VCU) registry from 2008 or later, bridged by the Toucan Protocol.

Is toucan protocol base carbon tonne available on Coinbase?

No, Toucan Protocol: Base Carbon Tonne is not currently available on Coinbase, but you can sign up to get the latest news on Toucan Protocol: Base Carbon Tonne and be notified when it gets added to our exchange. October 22, 2023 - The current price of Toucan Protocol: Base Carbon Tonne is $0.21 per (BCT / USD).

What is a base carbon pool (BCT)?

Any token held in the Base Carbon Pool is accessible to holders of BCT. This redemption mechanism provides open and permissionless access to carbon tokens that still retain the original carbon credit attributes. Toucan will soon be launching a burn feature, enabling the removal of BCT and its underlying TCO2s from circulation.

Which carbon tokens are deposited in the base carbon pool?

Nearly all of these carbon tokens have been deposited into the Base Carbon Pool, representing a basket of environmental projects that underpin BCT. Further, as of this writing, BCT ranks among the highest-volume tokens trading on the Polygon network, generating in excess of $100m in weekly volume.