Liquidity pools serve a similar function in crypto markets as market makers in traditional finance. Users pool their money to enable the buying and selling of assets. Forward contracts specify the purchase or sale of an asset at a later point in time, often tied to parameters like price.
Such contracts are often used in hedging strategies, but in the Solid World case they can bring certainty to carbon credit projects with long horizons. The liquidity pool will bring key funding to the mangrove projects"while providing structured inventory to distributors seeking to sell high-quality carbon credits," the press release said.
The Solid World pool will score carbon credits on a risk framework powered by artificial intelligence, which takes into account climate, legal, political and economic vectors in assessing the risks associated with financing carbon projects.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: wrtv - 🏆 598. / 51 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: trtworld - 🏆 101. / 63 Read more »