Drive climate action and earn rewards with a carbon-backed, algorithmic digital currency.

🌳 CARBON IN TREASURY

11,616,764TONNES CO2

Equivalent to

58,083 hectares of forest

2,525,383 passenger vehicles (annual)

5,934,523,319 liters of gasoline

source

CURRENT APY

54,731%

Price (USDC)

$630

A DAO, a protocol, an ecosystem

KlimaDAO’s goal is to accelerate the price appreciation of carbon assets. A high price for carbon forces companies and economies to adapt more quickly to the realities of climate change, and makes low-carbon technologies and carbon-removal projects more profitable.

Through the KLIMA token, we will maximize value creation for our community and create a virtuous cycle of growth. Eventually, the KLIMA token (each backed by real, verified carbon assets) will function as a truly sustainable asset and medium-of-exchange, with real planetary value.

A black hole for carbon

Klima Treasury

The treasury is the center of the black hole. Every KLIMA token is backed by 1 tonne of verified, tokenized carbon reduction or removal. These can remain locked in the treasury indefinitely, or sold to balance the price of KLIMA.

Carbon Credits

KLIMA is a vacuum for carbon. The treasury only accepts certified, third-party verified emissions reductions from reputable carbon markets (sometimes called 'carbon offsets' or 'carbon credits'). Each is tokenized in a transparent and traceable way to prevent double-spending or double-offsetting. These credits are sucked off the market and absorbed into the system through a Bonding mechanism.

Bonding

Bonding is how carbon enters the treasury, and new KLIMA is created. Anyone can buy KLIMA at a discount by bonding carbon units and LP shares over a set vesting period.

Staking

Carbon comes in, value comes out. Holders of KLIMA can earn compounding interest on their KLIMA by staking. Staking encourages long-term holding of KLIMA, and allows participants to benefit from the rising price of carbon. As the protocol generates a profit through Bond sales, this profit is allocated to everyone who has staked KLIMA.

Powered by Polygon