Details about Carbon Protocol cryptocurrency
€10,904,144 ( -0.6942%)
€46,544
2,160,000,000
1,720,665,160
22.948
Unknown
https://switcheo.network/
@switcheonetwork
108109x
€685.592
Carbon Protocol price charts
SWTH exchanges
Carbon Protocol, the crypto
Carbon Protocol (SWTH) is a decentralized finance (DeFi) platform that allows users to trade and issue digital assets pegged to real-world assets such as carbon credits, commodities, and other financial instruments using blockchain technology. The protocol is built on the NEO blockchain and uses a combination of smart contracts and oracles to enable trustless and transparent trading of assets.
The point
The main point of Carbon Protocol (SWTH) is to create a decentralized and trustless platform where users can trade and issue digital assets that are pegged to real-world assets such as carbon credits. This enables the creation of a transparent and efficient marketplace for carbon credits, which can help to combat climate change and reduce carbon emissions.
The problem
Carbon Protocol (SWTH) tries to solve the problem of inefficient and opaque marketplaces for carbon credits. By leveraging blockchain technology, the platform enables the creation of a decentralized and transparent marketplace where users can easily trade and issue digital assets that are backed by real-world assets such as carbon credits. This can help to reduce carbon emissions and combat climate change by incentivizing individuals and organizations to reduce their carbon footprint.
Compare SWTH and BTC performance
| Timeframe | SWTH | BTC |
|---|---|---|
| 1h change | -0.0487876 % | 0.176623 % |
| 24h change | -0.63 % | -3.36052 % |
| 7 day change | 3.97 % | 4.48211 % |
| 14 day change | -21.06 % | -8.21176 % |
| 30 day change | -25.03 % | -6.5207 % |
| 200 day change | 95.94 % | 128.03 % |
| Year change | -7.03 % | 142.602 % |