3491 cryptocurrencies
Total Market Cap $2,200.84B
24h Total Volume $36.10B

Carbon Carbon

$1,433.08
-1.15 (-0.08%)

Carbon is a non-collateralised stable coin that has two types of tokens, the Carbon stable coin and the Carbon Credit token (“Carbon Credit”). If the demand of the Carbon stable coin starts to decrease Carbon Credits are auctioned off via a reverse Dutch auction smart contract to the market participants who are willing to burn their stable coins (Carbon). On the other scenario, when the demand for the Carbon stable coin increases new minted stable coins are distributed to Carbon Credit holders on a pro-rata basis, originating downward pressure to push the price back to the peg.

Market share 0.00%
Proof type
24h Open $1,434.23
24h Low $1,393.47
24h High $1,470.50
Price in BTC 0.03049872095547 BTC
Current Supply 0 CUSD
Market cap $0
24h Volume (coin) 0 CUSD
24h Volume (currency) $0
24h Total volume (coin) 0 CUSD
24h Total volume (currency) $0.00000000
Last updated 2021-09-17 03:02:25 +01:00 BST
Date Price Volume

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