# Carbonic Share (SCO2)

> Carbonic Finance is an algorithmic stablecoin protocol bringing sustainability to the Polygon ecosystem through carbon-backed treasury reserves. Inspired by Tomb Finance, the Carbonic protocol uses seigniorage mechanisms to ensure price stability and to enable bonding $BCT carbon credits, locking carbon in its carbon reserve in liquidity with $CO2.

By pegging the protocol to the price of $BCT, Carbonic can algorithmically represent the value of more tonnes of carbon removed from the environment with an elastic supply of $CO2. This representation can also generate yield opportunities with seigniorage.

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: N/A
- **Total Supply**: 107,384.601 SCO2

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: polygon

## Resources

- [Website](https://carbonic.finance)
- [Discord](https://discord.gg/f3jPgaRUPC)
- [Coingecko](https://www.coingecko.com/en/coins/carbonic-shares)

## Links

- [View on Zerion](https://app.zerion.io/tokens/SCO2-6d1d80ca-69bc-4358-afdf-795861fce502)
- [Trade on Zerion](https://app.zerion.io/tokens/SCO2-6d1d80ca-69bc-4358-afdf-795861fce502)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset