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KlimaDAO
KLIMA

About KlimaDAO

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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