We expect carbon reference tokens to have a matching trading pair on many of the common DEXs. This will allow carbon pool token holders to directly sell their pool tokens into the market or provide liquidity to the trading pair and earn fees.
Carbon reference tokens with deep enough liquidity represent new DeFi building blocks that can be integrated into lending protocols, locked into planet-positive NFTs, or serve as collateral for stablecoins and carbon-backed cryptocurrencies. We're excited to see which other use cases Web3 builders will come up with once this new carbon money lego has become a DeFi staple.
If you're interesting in buidling with Toucan carbon, we'd love that! Join our Discord and ask how you can get involved β€” we'll be working on our developer program in the coming weeks and months.
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