Summary
This proposal is a landmark moment for Klima DAO. Tokenized carbon and the usage of blockchain technology provide the foundation for advancing climate finance, and this economic and legal framework positions KlimaDAO to efficiently scale and accelerate its activities.
Our initial foray into this market showcased how carbon pools can partially solve nonfungibility, but they are imperfect and result in capital constraints which limits scale, and inherent fragmentation between carbon classes. The new economic model under development removes the need for carbon liquidity pools and price oracles for independent carbon classes. Furthermore, it codifies specific aspects of governance in new staking mechanisms.
The associated movement of the DAO’s legal entity to a Swiss Foundation with an accountable Executive Team reduces the operational burdens at the DAO. Together with our strong community, innovative tech stack, and consistent innovation - we can accelerate the velocity of high integrity environmental markets and our transition to a sustainable future.
[To read the full proposal, see the forum post below]
Pursue Klima 2.0: Metamorphosis?