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Klima DAOKlima DAOby0xfa09ab0C96A37090e10706A0B5d95D1B1E81Fa4A0xfa09…Fa4A

KIP-6: Introduce MOSS bonds

Voting ended about 4 years agoSucceeded

Summary Add MCO2 as the next reserve bond asset for KlimaDAO.

Proposal We propose to have MCO2 reserve bonds as the next asset in Klima’s treasury. Because this asset is liquid enough on other platforms such as Coinbase and Gemini, there is less of a need for the bootstrapping of liquidity to come from us. Currently, there are already over 3 million MCO2 tokens available across Ethereum which can be easily bridged to Polygon via their official bridge.

To facilitate this joint partnership, the MOSS team will:

1.Bond 15k MCO2 into the treasury, and keep sKLIMA in their balance sheets. 2.Provide $1m (500k USDC and 50k MCO2) in MCO2/USDC liquidity to facilitate trading on polygon. 3.Provide $30,000 to KlimaDAO’s marketing team with the intent of collaborative marketing between us and MOSS.

More information can be seen in the KIP proposal here: https://forum.klimadao.finance/d/7-kip-6-introduce-moss-bonds

The Snapshot vote will run until 22:00 UTC 1/6/2022.

Off-Chain Vote

For: Add MCO2 Bonds
76.35K 92.1%
Against: Do Not Add MCO2 Bonds
6.57K 7.9%
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Timeline

Jan 03, 2022Proposal created
Jan 03, 2022Proposal vote started
Jan 06, 2022Proposal vote ended
Oct 26, 2023Proposal updated