72,664 hectares of forest
3,159,324 passenger vehicles (annual)
7,424,252,268 liters of gasolinesource
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.
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.
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 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.
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.