PERL.eco tokenized carbon and carbon registry
TL;DR
- PERL.eco has tokenized carbon and built the Carbon Offset Registry
- Our carbon tokens or carbon kilos (pCO2) can be bought from 1inch and retired on our platform
- Share feedback with us!
To provide an update on our roadmap, we are proud to announce that we are progressing with our carbon tokens and carbon offset registry — and we have had our first official user of the registry, who will be announced shortly…
Introducing pCO2 or carbon kilos
Our carbon token, pCO2, is equal to 1 carbon kilo. Minted carbon tokens (pCO2) are backed by carbon credits in our Verra reserve account — i.e. 1000 pCO2 are backed by 1 ton of carbon credits.
We believe natural assets should be available to everyone. Our mission to tokenize carbon brings this goal one step closer. Carbon credits will no longer be hard-to-obtain assets. You will be able to purchase and use them to offset your carbon footprint without going through complicated processes.
Not all carbon credits are the same. Carbon credits from different carbon reduction projects might have different prices. Multiple variants of pCO2 token cater to this need.
The carbon token contains information about the project ID and other project details.
On PERL.eco, you can view the properties of different carbon tokens. These different attributes include Verra ID, carbon origin country, vintage, emission reduction method and more. Future pCO2 tokens will account for these factors by minting premium variants to reflect different sources or vintages in our Verra reserve account.
Find pCO2 on 1inch
There are currently two different types of pCO2 available on PERL.eco, and these can be purchased on 1inch with a fixed price of $0.0068 USDC each. The links and guide to purchase pCO2 are available on our documentation page.
pCO2 on PERL.eco is currently available at a discount due to the use of DEX and on-chain registry.
Carbon Offset Registry — Open Beta
We’re also proud to announce the open beta of the PERL.eco Carbon Offset Registry.
With PERL.eco, offsetting your carbon footprint is just a few clicks away.
All you need to do is to obtain the amount of pCO2 to be retired and submit it to the retirement contract in the Carbon Offset Registry. The retirement of carbon is done by:
- User submitting pCO2 to be retired
- Retirement of an equivalent amount of respective carbon on the Verra registry
- Burning of carbon token (pCO2)
- Logging of the burning in the Carbon Offset Registry
Visit the guide for a walkthrough of the retirement process.
We have a transparency page that shows all relevant information including pCO2 in circulation, amount of carbon credits in our tokenization Verra reserve account, amount of pCO2 burnt and the Verra retirement subaccount. The hash of the burning transaction (accompanied by the transparency page) will be the proof of retirement, however, we can provide more information if there’s a demand for it.
Got feedback? Talk to us on Telegram @PerlinNetworkChat!
The registry is still pending audit, however, we will share more updates as it progresses.
Thank you for your continued support!
Useful Links
Carbon Offset Registry: https://carbon.perl.eco
About pCO2: https://docs.perl.eco/pco2
Getting pCO2: https://docs.perl.eco/pco2/getting-pco2
Offset your carbon footprint: https://docs.perl.eco/pco2/offset-your-carbon-footprint
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Disclaimer
Please be aware that no portion of this article should be construed as financial advice or a solicitation of investment. As with exposure to all assets, there are risks involved in investing, speculating or trading in any digital currency or in any other asset class, which you need to assess for yourself before participating.
