FlowCarbon, a company that offers on- and off-chain solutions to reduce carbon, has entered into a series of lucrative blockchain market infrastructure partnerships.
This AMM protocol and DEX will be learned from a press release with Ubeswap, the Ubeswap-enabled dApp Flywallet, the SDK and transaction router Node Finance, and mobile wallet Valora, the Coin Journal.
Cello. building infrastructure to use carbon credits on
These partnerships, together, create the necessary infrastructure to use FlowCarbon’s tokenized carbon credits on the Celo blockchain. Phil Fogel, Chief Blockchain Officer at Flowcarbon commented:
FlowCarbon is further simplifying the market infrastructure for carbon credits that deals with the inefficiencies, pain points and high costs of the current OTC market. We are ensuring that people get transparent pricing, unlock access for individuals and small businesses, and eliminate high broker fees and manual processing.
Celo users can trade between ERC20 tokens
The AMM protocol allows the Ubeswap Celo app and users to transact in all ERC20 tokens and supplies the decentralized infrastructure needed to integrate the tokens throughout the Celo blockchain.
It is behind a solid application ecosystem where GNT and other Flowcarbon tokens can be used for everything from lending to offsetting.
Ivan Kerrix, Head of Business at Ubeswap, said:
Ubeswap is delighted to partner with Flowcarbon to bring the benefits and liquidity of Flowcarbon’s ReFi ecosystem to as many people as possible. It will start with the launch of the brand new GNT/cUSD liquidity pool. The decentralization goals of both Ubeswap and Flowcarbon are further enhanced as more liquidity and users enter the ecosystem.
Key Flowcarbon Integration
Valora ensures a seamless experience for all users unfamiliar with crypto to buy, use and hold Celo assets on a mobile phone. They can be used in Web3 dApps, giving retail users a way to reduce their carbon footprint.
transparent carbon offsetting prices
The Node Finance app allows users to set the best available price for GNT and transact with fewer steps, offering routing between Celo apps.
It addresses a key issue in the current voluntary market: insufficient price transparency to offset carbon.
Finally, FlyWallet lets people save money for flights and offset the carbon footprint of those flights.