Klima DAO (KLIMA) price, chart, coin profile and news
Find the latest Klima DAO (KLIMA) price, coin profile, news and history to get you started with Klima DAO trading and investing.
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What is Klima DAO?
KlimaDAO is a decentralised autonomous organisation (DAO) developed for the sole purpose of fighting climate exchange and disrupting the increase in carbon emissions. Built using the Polygon network, by tokenising carbon emissions and leveraging a pioneering bonding mechanism inspired by the OlympusDAO protocol, KlimaDAO has created an open and decentralised market for carbon.
According to the KlimaDAO website, the project helps to improve the liquidity and transparency of the carbon market. To achieve this, KlimaDAO developed the KLIMA token, which is pegged to 1 tonne of verifiable carbon offsets. As the token is backed by real-world carbon-reducing assets, anyone wishing to invest in carbon can do so by using the KLIMA token. Alongside offering users the chance to access and support carbon offsetting projects, KilmaDAO also hopes to help low-carbon and carbon-removal projects become much more profitable and, therefore, more sustainable. Although KLIMA can be acquired from some exchanges, the platform’s OlympusDAO inspired bonding mechanism allows users to deposit verified carbon-based tokens, such as BCT and MCO2, and acquire KLIMA tokens at a discounted rate. The bonding mechanism allows the KlimaDAO protocol to continually add more carbon offsets while also incentivising KLIMA adoption. To further enhance the attractiveness of the token and encourage long term holders, KLIMA can also be staked within the ecosystem for weekly rewards. Each token also entitles the holder to vote within the Klima DAO, which controls the monetary policy of the Klima ecosystem.
Klima DAO (KLIMA) is the 495th largest cryptocurrency in the world by market cap, valued at $42,908,061. The current price of Klima DAO is $10.5391, which is -1.715% lower than yesterday. Prices have ranged between $10.8108 and $10.4819 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 18, 2022 01:05 UTC.
Klima DAO (KLIMA) priceUse our graph to track the performance of (KLIMA) over time.
Klima DAO at a glance
|Total KLIMA supply||5,844,384|
|All time high||AUD$6.1347|
|All time high date||October 24, 2021|
Klima DAO price performance over time
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Disclaimer: Cryptocurrencies, including Klima DAO, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of KLIMA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Klima DAO or any other cryptocurrency discussed.
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