We have designed our solution around providing utility to our users through our 2-token system:
Users will generate Carbon Credit NFTs;
They will also get rewarded with our native $ZRO governance token;
They can participate in our LP Staking program at app.carb0n.fi/stake and receive additional $ZRO;
Hold $ZRO to vote for which "portfolios" of carbon offset projects to provide funds to;
Benefit from tiered discounts on transactions fees charged when buying additional offsets.
On the carbon credit side, we will be tokenizing and minting non-fungible tokens corresponding to the carbon offset tons generated by the projects we are partnered with. For transparency, carbon credits are assigned serial numbers and are issued, transferred and permanently retired in publicly accessible emission registries. We are building an NFT solution on the carbon credit side, burning tokens to a dead address when requiring to retire carbon offsets.
We leverage our network to buy carbon credits and reward our users. Every quarter, we will work with the community to decide which carbon credit projects we are financing (i.e. which type of carbon credit we are buying). We will list the projects that provide these carbon credits and make different baskets with different carbon credits from different projects. Users with $ZRO will vote and chose which kind of projects we will finance. When chosen, we will mint the equivalent NFT tokens and distribute them to our users.