Tracer White Paper v0.99 A
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Tracer White Paper v0.98
Tracer White Paper v0.98
  • πŸ‘‹Welcome to Tracer
  • Overview
    • ⏩Summary
    • πŸ€Why are we doing this
      • Market background
      • The opportunity
    • ✨What is Tracer
      • Technical overview
      • Dual-Token System
      • The Tracer Token (TRCR)
      • The Carrot Token (CRRT)
      • Tracer applications
    • πŸ“’Tracer DAO
    • 🧲Market adoption
      • Empowering the supply side
      • Attracting developers
      • Incentivizing (re)sellers
      • Tracer's DAO: scaling growth and adoption
      • Roadmap
    • πŸ“ŠTokenomics
      • Tracer token distribution
      • Token release schedule
      • Total circulating supply
      • Token burn
      • Use of proceeds
      • Regulatory compliance
    • πŸ†Team and advisors
  • πŸ“§Get in touch
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  • Tracer smart contract (ERC20)
  • Carrot smart contract (ERC1155)
  1. Overview
  2. What is Tracer

Dual-Token System

PreviousTechnical overviewNextThe Tracer Token (TRCR)

Last updated 11 months ago

In order to build and govern the ecosystem, Tracer is based on a dual smart contract architecture:

The governance token of the Tracer ecosystem is used for voting on key decisions through a Tracer DAO. The DAO is responsible for selecting Endorsers, managing the treasury, and ensuring the overall integrity of the system. A buy and burn mechanism aligns Tracer token ownership with the growth and success of the Carrot economy.

A fungible yet project specific Carrot token represents 1 ton of CO2 removed. Project Developers mint Carrot tokens associated with immutable metadata ensuring a high level of transparency and traceability. Secondary NFTs handled by the same smart contract represent various delegated levels of authority in the ecosystem.

The dual-token system employed by Tracer creates a symbiotic relationship between governance and utility, ensuring that the ecosystem remains decentralized, transparent, and focused on its core mission to unlock the potential of the carbon removal market.

Let’s dive into both tokens.

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those solutions
Tracer smart contract (ERC20)
Carrot smart contract (ERC1155)