PERL.eco — The Planetary Ecosystem Registration Ledger

CY Tan
PERL.eco
Published in
2 min readJun 5, 2021

Our next step towards bridging real-world assets to blockchain for a sustainable climate.

PERL.eco is our attempt to democratize the biosphere economy through liquidity pools and tokenization of biodiversity and carbon credits to the Decentralized Finance (DeFi).

In contrast to PerlinX which is a platform where users mint synthetic assets by collateralizing PERL and pxUSD, assets on PERL.eco are backed by real-world assets like carbon credits and bioecological-related assets.

Why carbon credits?

The carbon commodity market is rapidly growing. As an asset class, EU ETS Carbon Credit Futures did a whopping 574% increase in price from January 2018, which has outperformed Bitcoin in the same timeframe. Further substantial growth is expected as whole industries move toward greater sustainability and emissions reductions goals. Various companies and nations have pledged to reach carbon neutrality by 2050. According to Katusa Research, this is a $16 trillion market opportunity if we hit this global carbon reduction goal.

Access to an Uncorrelated and Rapidly-Growing Asset Class

As the first project to tokenize carbon assets at scale, PERL.eco will facilitate unprecedented exposure for crypto natives to carbon as a new and uncorrelated asset class. By directly connecting existing decentralised ecosystems and DeFi to carbon markets previously difficult to access, we will be working to expand the entire cryptocurrency universe. So instead of competing with existing platforms and projects, we will be working hard to build new bridges for a fresh wave of growth and new capital for the crypto sector. Most importantly, we will be focused on bringing enormous utility to our existing community by allowing them to participate in carbon commodities trading markets currently experiencing explosive growth. Bringing just a small fraction of the value of carbon markets into the decentralised ecosystem will be a great leap forward for crypto collectively.

New use cases of PERL

PERL will operate as the governance token of the DAO, which plays a critical role in determining the incentive system, building a wide base of stakeholders, and facilitating economic value flow in the network. PERL holders get to vote on this fee model and distribution, as well as other important decisions.

PERL holders will get airdrops of tokenized carbon credit and are free to use it to offset their carbon footprint or trade on the liquidity pool when the token is released.

Immediate Roadmap

  • Launch of tokenized carbon credits
  • Airdrop Announcement
  • DEX Listing
  • Airdrop Snapshot
  • Marketing and Partnership announcements

Future Roadmap

The future of PERL.eco is to make more bioecological-related assets accessible through DeFi. onto the blockchain to build a more sustainable climate environment.

Website: PERL.eco
Documentation: https://docs.perl.eco

Stay tuned for more updates and announcements on our channels:

Twitter | Discord | Telegram Announcements | Telegram Discussion

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