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All pCO2 is backed by actual carbon credit, where 1,000 pCO2 in circulation is equivalent to 1 credit in ‘Reserve Subaccount’ on the Verra Registry.
All carbon credits retired and burnt on-chain will be transfered and retired in the ‘Retirement Subaccount”.
Onchain Metrics
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Verra carbon reserve account
Verra carbon retirement account
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