Klima DAO enables Web3 participation in carbon markets.
Klima DAO creates a decentralized carbon-backed currency, improving market liquidity, transparency, and efficiency for carbon credits using blockchain technology.
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What is Klima DAO (KLIMA)?
Klima DAO empowers Web3 users and developers to engage with the carbon market using the KLIMA token. This token is fungible (ERC20 compliant), backed by at least one tonne of tokenized, verified carbon offsets in the Klima DAO treasury, and grants holders voting rights on Klima DAO policy. Klima DAO acts as a decentralized bank, managing the monetary policy of this carbon-backed currency, similar to how a central bank manages fiat currency. As it expands, Klima DAO aims to address key issues in the carbon markets: illiquidity (fragmented liquidity due to diverse carbon credits and intermediaries), opacity (private trades leading to market underbuying), and inefficiency (friction in buying and retiring carbon credits, which Klima DAO removes using the Polygon ecosystem).
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Klima DAO price live information
As of now, Klima DAO is trading at 0.2181 USD, with a 24-hour trading volume of approximately 99.75K USD. The KLIMA to USD price is updated in real time. Over the past 24 hours, Klima DAO has increased by 0.93%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 4.05M USD. Currently, there are 18 589 390 KLIMA in circulation out of a maximum supply of 18 589 390 KLIMA.
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