LCO2

High-quality portfolios of carbon credits

Liquid Carbon Tokens(LCO2)

LCO2 are carbon portfolio tokens representing a pool of premium carbon credits. The LCO2 token aims to be the ultimate carbon asset for compensating carbon footprint, trading, and investing purposes, backed by a portfolio of high-caliber projects that contributes to our planet’s preservation.LCO2 token offers the added benefit of risk diversification, as one LCO2 token includes 10 different carbon projects.

1 LCO2 token is backed with 1 tonne (1000kg) of CO2 sequestered from the atmosphere.

Likvidi x Chainlink x Climate Action Data Trust (CAD Trust)

All environmental real-world data from the carbon credits are transferred to blockchain from Climate Action Data Trust (CAD Trust) which is a global platform that links all and aggregates all carbon credits data from project registries to one decentralized metadata platform.

Chainlink

We use Chainlink's oracle service to pull the data from the CAD Trust to our smart contracts to ensure that all carbon credit data is correct and that the correct amount of carbon credits are issued on blockchain

Data flow for verifying carbon credit data and supply

LCO2 Features:

Portfolio Approach

• LCO2 contains an active portfolio of 10 different carbon credits with equal weight

• Multiple LCO2 portfolios coming with different types of carbon projects

Diversified & Verified

• Included carbon credits are from different sectors and geographic areas to further spread the risk. Credits have to be verified by approved Registry

Third-party Ratings

• LCO2 portfolio carbon credits also need a “high-quality” Rating from one of the reputable third-party rating firms.

Co-Benefits

• Carbon credits co-benefits are also a selection criteria, as the goal is that LCO2s always cover all 17 United Nations Sustainable Development Goals.

Transparent

• Portfolio’s data is publicly available on blockchain, including the different project types, vintages, and volumes issued and offsetted.

Liquidity

• LCO2 will be the first carbon token to be tradable on Likvidi’s Automated Market Making Swap Exchange (AMMSE) offering 24/7 liquidity

Tokenized

• Tokenization prevents double counting and makes sure that the retirement (offsetting) has really happened. When the credit is used for offsetting its always burned which ensures that the same credit cannot be used again.