Deposit + Receive

To deposit into a carbon pool, a TCO2 token must successfully pass the logic filter. If it does, the token gets locked inside the pool, and a carbon pool token (like a BCT token) is created and sent to the depositor's wallet. Carbon pool tokens are fungible ERC20 tokens — every carbon pool token is backed by a carbon credit that has the attributes gating that pool.
The benefit here is that we can aggregate much deeper liquidity by pooling carbon credits of similar project vintages. Carbon pool tokens are a much simpler building block for other DeFi protocols to work with.
In order to deposit TCO2 tokens in a Carbon Pool and receive an equivalent number of carbon pool tokens, first you must ensure that the TCO2 tokens you have possess the required gating attributes.
​Signed in, head to Pools. You should see the TCO2 tokens available to send to a pool — click "Send to pool" to deposit. You will automatically receive the pool tokens (i.e. BCT) in the same transaction.
Last modified 6mo ago