5326 cryptocurrencies
Total Market Cap $718,705,326,393
Total Volume 24h $5,332,736,310

Carbon Carbon star

$244.18
0.00000000 (0.00%)

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
Open $244.18
Low $244.18
High $244.18
Price in BTC 0.01246333360385 BTC
Current Supply 0 CUSD
Market cap $0
24h Volume (coin) 0 CUSD
24h Volume (currency) $0
Last updated 2020-11-30 20:27:24 -06:00 CST
ID Market Type Price Quantity Total
Date Price Volume

To embed real-time Carbon widget into your website copy the following code.