💼Use Cases

An overview of the different use cases of tokenized carbon credits.

Tokenizing carbon offsets allows us to introduce many different use cases for the credits. In addition to bridging the gap between carbon assets and Solana DeFi enabling its integration into decentralized applications.

NFT Marketplace

Users can list their reference NFTs which hold a certain amount of carbon credits on an NFT marketplace like Magic Eden or Open Sea.

Fractionalization

Reference NFTs can be fractionalized into project-specific SCT tokens.

Offset Emissions

SCT tokens can be used to offset carbon emissions through a process known as burning

Collateral -> Borrow

Index tokens can be used as collateral on DeFi lending platforms.

DEX

Index tokens can be swapped for other SPL tokens on decentralized exchanges.

Reserve Currency

Use the Carbovalent index tokens as reserve assets for DAOs.

Metaverse

Metaverse integration.