Good Question:
A thiocarbonate describes a molecular link, in this case it is a three-carbon link.
In organic chemistry, various prefixes describe
the number of atoms linked or atoms involved in the makeup of the total molecule.
For example, ZDDP is dialkyldithiophosphate, describing the fact that for a ZDDP molecule, it is composed of two (di) alkyl-like atoms and two-groups (di) of three (thio) phosphorus atoms.
The zinc is an alyli whereas the phosphorus is acidic. The particular grouping makes up a salt,
called ZDDP. There is another form of zinc-type additive which involves the carbonates or carbomates, and is called ZDTC. Generally, BOTH zinc type additives are used in lubricants as
a "multifunctional" additive, or chemical:
1. As a friction modifier.
2. As an Oxidation Inhibitor,
3. An Extreme Pressure, antiwear,
4. Metal deactivators.
MoDTC is (Moly Dithiocarbonate) is often used as
an additive and works as per items 1 and 3.
So the di-thio-carbonates or carbomates are used in many additives as a way of describing the atomic linkage for a particular molecule.
So have no fear, they are the Good guys.