Base
CHAR is Toucan's carbon-removal token on Base: each token represents one tonne of CO2 removed via biochar: plant matter pyrolyzed into charcoal and worked into soil, where the carbon stays for hundreds of years. Unlike avoidance credits, this is physical removal, the same category of credit bought by Microsoft and Stripe's Frontier. The market is young and small; Prism verified the contract, open transfers and a live route.
A tonne of carbon locked into biochar for centuries, as one token.
Prism analyst note
CHAR is the most forward-looking listing in the carbon set: durable removal rather than avoidance, the credit class the corporate net-zero buyers pay premium prices for. At a $35k market cap it is a seed-stage market. Treat it as a conviction position in carbon removal infrastructure, sized in the hundreds of dollars, not thousands.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- One tonne of CO2 removed as biochar, per token
- Legal structure
- Tokenized carbon-removal credit (biochar CDR), bridged via Toucan
- Jurisdiction
- Registry-governed (puro.earth CORCs)
- Administrator
- Toucan Protocol
- Reserve information
- Backed by registry-issued carbon-removal certificates bridged on-chain; retiring the token retires the credit.
- Transfer restrictions
- Freely transferable ERC-20, verified by simulation.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Launched
- May 1, 2024
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Documents & disclosures
Frequently asked
How is this different from BCT or NCT?+
BCT and NCT are avoidance credits, emissions that did not happen. CHAR is removal: carbon physically pulled from the cycle and locked in biochar for centuries, which is why it trades at roughly 1,000x BCT's price.
