Cover photo

The ReFi Recap: Understanding VeChain's ReFi ecosystem

October 19th-25th, 2024

Happy Friday!

Two quick comments on a couple of news items this week.

1) Azos Finance launches incentivised testnet

In our opinion, Azos is one of the more interesting pre-launch projects in the ReFi space. On the surface, it's a protocol that will support the launch of a stablecoin ($ZAI) backed by on-chain impact assets. But what we're excited about is that users need to deposit impact assets in order to mint $ZAI. For the first time, we may see on-chain demand pressure for impact assets like solar plant ownership NFTs (and the requisite verification/valuation layers that come with it).

2) ReFi Hub pays out first yield to investors in Brazilian solar project

We shouldn't understate the importance of a ReFi project delivering on its regenerative aspirations. In this case, using the revenue generated by a solar plant to pay out yield to retail investors. This is the dream right here: facilitating capital from investors to regenerative projects and back. We will need a lot more of this if we ever hope to fill the massive climate funding gap.


Latest from CARBON Copy

Trinity Morphy takes a closer look at VeChain's sustainability arm, VeBetterDAO, and asks why it has been so successful attracting nascent ReFi projects.


ReFi News

  • SeaTrees to launch 300,000 marine biodiversity credits on Regen Network

  • ClimateCoin launches footprint calculator and earnings mechanism Planetpoints

  • ecoToken introduces bio blinks on Solana to restore endangered land

  • VeBetterDAO launches live sustainability impact dashboard to track on-chain sustainability actions


New in Our Database

  • Pause Your Carbon - Works with Carboneers and farming communities in India and Ghana to sequester carbon and remediate soils.

  • Mugshot - Rewards your eco-friendly coffee habits with snaps and perks.

  • Carus - Makes recycling seamless with instant rewards through the power of stablecoins.

  • CleanApp - A global coordination game for waste and hazard mapping.


Knowledge


Making Impact

20.58

The number of ecological credits verified and issued on-chain by Open Forest Protocol's open credit methodology.


More From Us

Visit us at https://carboncopy.news to get more news, analysis, and data from the Web3 regenerative finance (ReFi) space.

You'll also find our curated ReFi projects database and other ecosystem goodies.