Increasing Volume
Carbon Credit DEX
Last updated
Carbon Credit DEX
Last updated
A Carbon Credit Pool on Lucia’s platform is a special area where users can store and trade carbon credits, which are like digital certificates that prove environmental improvements like reducing carbon emissions.
Custom Rules: Each pool has its own set of rules about what kind of carbon credits can be added. This ensures that all credits in a pool meet certain environmental standards.
Eco-Tokens: When someone adds a carbon credit to a pool, they receive an Eco-Token. This token represents the carbon credit they added, like a receipt that shows they have a credit stored in the pool.
Using Pool Tokens: These tokens can be used to take back the same type of carbon credit from the pool whenever needed, or they can be traded with others. It’s like having a token for a coat check – you can use it to get your coat back, or you can give it to someone else in exchange for something.
Flexibility and Variety: Lucia’s pools keep each carbon credit’s unique characteristics visible and valued while allowing them to be grouped for easier trading.
Easy to Trade: The tokens are easy to trade, which means you can buy, sell, or exchange them without complications. This helps create an active market where lots of trading happens.
Direct Access to Credits: If you own a pool token, you can directly access the carbon credits it represents, giving you flexibility and control over your environmental investments.
Why This Matters: Lucia’s platform makes it simpler and more straightforward to trade carbon credits, helping more people participate in environmental efforts. This system supports a transparent and efficient market, encouraging sustainable practices and the growth of green projects.
