• General
  • Request for Comment - KLIMA X MOSS collaboration

_NN_ There are Two Yes alternatives as I underestand it?

a) For: Introduce KLIMA-MCO2 and MCO2 bonds
b) For: Introduce MCO2 bonds only
(or, in effect, c) - a)+b) )

    Audit report shows most creidts are REDD and not REDD+ as you state.
    Who else has the ability to create the token?

    Right now, just moss can create tokens. Due to the due dilligence we do on projects.

    What would be the incentive to bonding the Klima and MCO2 pair instead of staking Klima, and bonding MCO2?

      Ultimately, having multiple bridges and green assets in the DeFi x Climate Finance space helps build a more robust ecosystem with higher bandwidth between both worlds. I believe this is an attractive opportunity for KlimaDAO given the quality of the projects that MOSS is tokenizing, their teams experience in this domain, and the commercial attractiveness of their asset.

      Their current projects and their certifications are as follows:
      1) Santa Maria REDD – VCS & SOCIAL CARBON
      2) Madre de Dios REDD – VCS & CCB GOLD (Community, Climate & Biodiversity standard)
      3) Agrocortex – VCS & SOCIAL CARBON
      4) Fazenda Fortaleza Ituxi project – VCS

      As Klima’s role in the market grows, I would expect that MOSS will place increasing emphasis on building liquidity on Polygon, just as other carbon market actors who are involved in DeFI are doing. There’s a great opportunity here to deliver finance to the high-impact projects listed above while introducing an asset that already has strong demand from legacy market buyers into Klima’s treasury.

      Unique tokenized carbon assets which provide exposure to a specific index of offset types help build up the DeFI carbon market and provide more options for buyers. This is the first opportunity since BCT (with more on the way, I’m certain) to increase the treasury’s market surface area and strengthen Klima’s backing. For these reasons I am in support of this proposal.

      good to diversify Klima's treasury. since MCO2 is already liquid MCO2 bonds and liquidity provision seems to be a good move for KLima . question then is how is MCO2 being minted and at what rate?

        cashtrail rate to mint depend on token prices and market price. we expect to mint 2% of the daily volume max

        I am in favor of MCO2 and MCO2-KLIMA LP bonds for the Klima treasury:

        • diversification of treasury with high quality carbon assets,
        • build MCO2 liquidity in line with the fundamental of protocol owned liquidity,
        • demonstrate KlimaDAOs ability to partner with protocols linking traditional markets with blockchain.

        Moss

        1. How can we understand the % of Moss tokens attributed to avoidance vs sequestration? (I didn't see this in the audit?)
        2. What concerns do we have about lowering the value of the Klima token with avoidance projects vs full sequestration?

          Right now, Brazil has 40 % of the global forests and Brazilians are allowed to deforest 80% of the lands. We believe we have to avoid more climate changes by preventing deforestation. Once we reach 25 usd per ton, sequestration projects and reforestation will be more viable, at 12 usd they are not.

            Brian33 changed the title to KIP 6- KLIMA X MOSS collaboration.
            Brian33 changed the title to Request for Comment - KLIMA X MOSS collaboration.

            I vote yes to introduce KLIMA-MCO2 and MCO2 bonds. I think the pair will help keep the LP under Klima's controll.

            I just noted that, differently from Toucan bridge, credits from MCO2 still exist off-chain, correct? But apparently Moss has a good token model for the custody, with a REST API for access to credit information by independent auditor. This is important because we need to make sure that, once a token is burned on-chain, the credit is retired off-chain. So, in voting yes, we are also trusting that Moss Token model will be secure, to avoid double counting and a contamination of our treasury with tokens that are already retired off-chain.