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 KlimaDAO (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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KlimaDAO price live information
As of now, KlimaDAO is trading at 0.286254 USD, with a 24-hour trading volume of approximately 0 USD. The KLIMA to USD price is updated in real time. Over the past 24 hours, KlimaDAO has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 2.29M USD. Currently, there are 7 997 365 KLIMA in circulation out of a maximum supply of 18 933 982.357166 KLIMA.
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