|Fully Diluted ValuationFDV||$517.99K|
|24h Volume24h Vol||$19.89|
|Market CapMkt Cap||$517.99K|
USDC/CRISP-M Price Stats
The current price of CRISP-M (USDC/CRISP-M) on Uniswap V3 (Polygon POS) is $30.50, the price is up -0.08% in the last 24 hours. Its 24-hour trading volume is reported to be at $19.89 with a total of 5 transactions. USDC/CRISP-M contract address is 0xc6832ef0af793336aa44a936e54b992bff47e7cd, with a Fully Diluted Valuation (FDV) of $517.99K and a liquidity pool of $1.06M.
About CRISP Scored Mangroves (CRISP-M)
Everyone wants to see quality climate action - but the way this is financed is challenging. Carbon project developers, such as organizations that restore degraded mangroves, run into a major roadblock - the Voluntary Carbon Market (VCM) gives them carbon credits retroactively. Still, the up-front costs are significant and have to come from somewhere. Generally, this is solved via forward financing, but this industry is inaccessible and opaque, lowering the number of willing participants and limiting access to capital. The result is that quality climate action is slowed down, limiting the impact these projects have in the fight against climate change. CRISP-M is Solid World's token for allowing mangrove restoration project developers to forward-sell their upcoming carbon credits at a discount. The further away the credits are from delivery, the larger the discount. One CRISP-M reflects the value of one ton of mangrove restoration-based carbon credits at maturity, as this is the point where the discount reaches 0% and can be exchanged 1:1 for the underlying supply (plus fees). As the forward credits exchanged for CRISP-M move closer to maturity, this discount is vested to the token's liquidity providers, creating a sustainable source of liquidity incentives while never diluting existing token holders of the token's value. All projects are subject to Solid World's CRISP (Carbon Risk Identification and Scoring Principles) Framework to limit risks of under-delivery, have replacement guarantees from suppliers and are approved by the pool's Curation Council, a set of major liquidity providers for the CRISP-M token. Together with the rest of Solid World's mechanisms - the system functions as a decentralized warehouse for climate finance, connecting buyers and sellers across time as the supply gets certified and arbitraged out of the system.