Overview
Karbon Token ($KARBON) is the currency layer of the ecosystem — a fixed supply of 25,000,000 tokens on the Kaspa network. $KARBON is never burned. Instead, holders can swap $KARBON into annual vintages of offset tokens (KARBON25, KARBON26, …), which are the burnable offset tokens tied to verified carbon sequestration.
$Karbon: The Currency Layer
$KARBON is the foundation of the Karbon ecosystem — a fixed-supply digital currency that powers the creation and retirement of verifiable carbon offsets.
Key attributes:
• Total Supply: 25,000,000 tokens (fixed forever)
• Burnable: No — $KARBON is never burned or reissued
• Role: Currency used to acquire offset tokens (annual vintages and special issuances)
• Unitization Standard: 1 $KARBON represents 0.5 kg of CO₂ capacity
$KARBON itself does not represent an active offset until it is swapped into an offset token. It functions as the currency layer, ensuring a stable, finite medium of exchange within the ecosystem.
The value of $KARBON is determined by open market activity, not by a fixed peg. This design ensures flexibility and transparency while maintaining scarcity.
Holders can swap $KARBON 1:1 for the current-year offset token (for example, KARBON25) as long as that year’s issuance remains available. Once swapped, those tokens can be burned to retire CO₂ and generate verifiable certificates.
Annual Vintages: The Offset Layer
Annual vintages are the heart of the Karbon Token offset system. Each year, a new vintage — such as KARBON25, KARBON26, and so on — is issued based on verified carbon sequestration.
Each annual vintage represents real, measurable CO₂ removal, verified through recognized carbon methodologies. These tokens are the burnable offsets in the Karbon ecosystem.
Core details:
• Issued: Once per year, based on verified carbon sequestration data.
• Function: Burnable tokens that permanently retire carbon offsets.
• Standard: 1 token represents 0.5 kg of CO₂ (2,000 tokens = 1 ton).
• Swap: Holders can exchange $KARBON 1:1 for the current-year vintage while supply remains.
When burned, annual vintages trigger the issuance of a verifiable on-chain certificate documenting the tons of CO₂ retired. This process guarantees that every offset is both traceable and transparent, connecting digital assets to measurable climate action.
The 2025 Genesis issuance — KARBON25 — is based on the Tulley Creek watershed project on the Yurok Reservation, which sequesters approximately 100 tons of CO₂ per year. This corresponds to an initial issuance of 200,000 KARBON25 tokens.
Special Issuances: Flexible Offset Opportunities
While Karbon’s annual vintages are released once per year based on verified sequestration, the treasury may also conduct Special Issuances when new bulk offset opportunities arise.
Special Issuances allow Karbon to expand its offset base without disrupting the fixed annual cycle. These tokens are fully verified, transparently labeled, and function identically to annual vintages once released.
Key attributes:
• Labeling: Each batch is clearly identified (e.g., KARBON25-S1, KARBON25-S2)
• Verification: Backed by real, audited carbon sequestration projects
• Fungibility: Tokens are fungible within their own batch but distinct from annual vintages
• Burnable: Yes — burning generates certificates with unique IDs, just like annual vintages
Special Issuances ensure that Karbon can respond quickly to high-quality offset opportunities while maintaining full transparency and traceability. This structure gives Iron Frog Crypto LLC the flexibility to support verified projects year-round, expanding both impact and supply integrity.
Genesis Project
The Genesis issuance of Karbon Token begins on a 16-acre parcel of forest in the Tulley Creek watershed, located inland on the Yurok Reservation in Northern California. This site marks the first step in connecting real-world land stewardship with blockchain transparency.
The property, logged in the 1950s and regrown over the decades, now serves as a model for ecological restoration through the combination of Traditional Ecological Knowledge (TEK) and modern carbon verification standards. It borders existing carbon project parcels managed by the Yurok Tribe, strengthening the integrity and scale of local carbon efforts.
Key details:
• Location: Tulley Creek Watershed, Yurok Reservation, Northern California
• Parcel Size: 16 acres of second-growth mixed conifer forest
• Estimated Sequestration: Approximately 100 tons of CO₂ per year
• Annual Vintage Mint: 200,000 KARBON25 tokens
The Tulley Creek project represents the foundation of Karbon Token’s mission — restoring balance to the land, advancing cultural stewardship, and creating a transparent, verifiable system for carbon offsets on the blockchain.
Genesis Project Offset Assurance
The Karbon Genesis Project, located in the Tulley Creek watershed on the Yurok Reservation, represents the first phase of our on-chain carbon initiative. While the Genesis parcel itself is not yet a verified carbon project, the 100 tons of estimated annual sequestration are fully backed by 100 tons of verified carbon offsets supplied by one of our trusted partners.
This ensures that every ton represented by the Genesis issuance is one-for-one backed by existing, verified offsets from approved carbon registries. As Karbon expands its verification partnerships and develops additional projects, future vintages will include both verified and directly measured sequestration from Karbon-managed lands.
Through this model, Karbon maintains integrity, transparency, and immediate climate impact from day one — while continuing to build out long-term verified sequestration capacity on Yurok lands.
Market Value (No PEG)
$KARBON has no fixed peg or guaranteed price. Its value is entirely determined by the open market — driven by the demand for carbon offsets and the strength of the Karbon ecosystem.
Businesses create long-term value by acquiring and burning annual vintages to retire verified carbon offsets and receive certificates. Community members and investors create short-term market activity by trading or holding $KARBON, which remains scarce with a total supply of just 25 million tokens.
Every offset token (annual or special issuance) is backed by real-world carbon sequestration, ensuring that each burn represents measurable, verifiable climate impact. This transparency anchors trust and provides a foundation for sustainable market growth.
Treasury and Oversight
Karbon Token is operated and managed by Iron Frog Crypto LLC, ensuring a transparent and accountable structure for all offset activity. The treasury serves as the operational backbone of the project, supporting both ecosystem growth and carbon integrity.
Treasury functions include:
• Offset Acquisition: Purchasing verified carbon offsets to back annual vintages and special issuances.
• Verification & Certification: Funding third-party audits, on-site validation, and transparent reporting.
• Liquidity & Operations: Maintaining healthy on-chain liquidity, covering operational costs, and supporting community engagement.
Funds are allocated with a focus on long-term sustainability: approximately 50% to offset acquisition, 20% to verification and certification, and 30% to liquidity and operational expenses.
Unlike other carbon projects, $KARBON itself is never burned or inflated. The treasury’s role is to manage issuance and verification, not manipulate supply — keeping $KARBON scarce, stable, and transparent.
Important
Important: $KARBON itself is never burned — it stays in circulation, maintaining scarcity and currency integrity. Only annual vintages of offset tokens and special issuances are burnable for offset rewards.