• General

  • Request for Comment - Flow Carbon/Goddess DAO X KLIMA Collaboration

flowgirl thanks for the explanation! I get it now. Thats actually bullish af. 😃

    I really like this. A two-way bridge will help Klima function as a versatile centre of the carbon market.

    Am I right in concluding that bridging lots of retired carbon credits on chain (the current situation) is great for pushing up carbon prices but does not necessarily encourage buyers to venture on chain - but bridging un-retired credits (this proposal) will help with this? My thinking is that if credits become scarce off chain then buyers may see opportunities on chain to purchase - helping the on chain carbon market’s adoption.

    If so then it could really help with Klima’s discovery and adoption phase of the roadmap.

    Cheers!

      In favor. This is great.

      Question - do the GNT-funded projects have additionality? Diversifying and increasing carbon credits in the treasury is important, but we also should be looking to increase quality.

      Thanks!

      THC Thanks!!! We've worked super hard on it 🙂

        Nice beginning of the year 🙂 let's grow together!

        The deal seems good for either side and will really grow Goddess DAO and KLIMA altogether.

        I have a question regarding the relation of Goddess DAO and Flow Carbon company, if the company ceases to do business in the future, will Goddess DAO still be able to retain their business process? or they are entirely dependent on it?

          GoddessDAO I'm confused then - how can a GNT be a bundle if it is always equal to 1 GCO2 token? What exactly are bundled together to create the GNT?

              Would love to learn more about their approach to project development and pipeline development. Besides the tokenization, what differentiates them from the dozens of brokers and marketplaces out there?

              Clikkr The total number of GNT tokens equals the total number of GCO2 tokens held in the contract. Each GCO2 token equals 1 ton of carbon.

                  asincuka They will be separate. And should anything happen to Flow, the carbon assets are held in a separate entity that is protected, professionally managed, and will be controlled by the DAO.

                    Goddess is a DAO that isn't live yet, hasn't signed a contract with Verra yet, and is still doing a presale requiring 10k min of USDC or wiring FIAT. Isn't it kind of early to be bringing up a potential bonding with them, given their project might not even go live for a while?

                      ashishpatel Also I HIGHLY doubt they're certified by Verra, so not really sure what the point of supporting this proposal to even a VOTE is, given that a) verra hasn't approved anyone since their notice last month, how is this DAO going to plan to NOT only bring things on chain, but a 2 way bridge to take things OFF chain?!?!

                          Hey, a few questions:

                          1. How does the unwrap work? Suppose you have 10 projects in the treasury, then how will u link the wrap of the token with underlying carbon?
                          2. All the credits need to be of at max 5-year vintage. What will happen to the credits that remain in the treasury even after 5 years have passed. Do u release them back to the market?