Allow the DAO to pair $500k in KLIMA with $500k in MCO2 to seed a $1m dollar KLIMA/MCO2 liquidity pool. Allow policy to add KLIMA/MCO2 bonds in the future.
MOSS is focused on catalyzing climate action and facilitating a carbon market on-chain. Our carbon token has been utilized by corporates such as SkyBridge, One River Asset Management, and GOL (a major Brazilian airline with >50 million customers in LatAm) and is listed on various exchanges, including Coinbase. We believe having multiple carbon assets and bridges will lead to a more robust on-chain carbon market and help diversify Klima’s treasury. Klima’s liquidity engine stands to empower the carbon market and we believe our supported projects and the infrastructure we have built will help expand this impact.
This proposal is a continuation of KIP-6: Introduce Moss Bonds. Moss would like to provide $500,000 worth of MCO2 tokens to Polygon to pair with $500,000 of KLMA from the DAO to form a liquidity pool. This will be shared between MOSS and the Klima protocol, and be held by Klima protocol for a 6 month time period.
In the future, given enough demand, we request that the community allow the policy team to add KLIMA/MCO2 LP as an bondable asset as well. The MOSS bonds will serve as a gauge to determine the overall demand of the MCO2 token on polygon.
Previous Forum Proposal:
The polling process begins now and will end at 1:00 UTC on 1/3/2022. If voted in favor, a Scattershot vote will be put up shortly after, and will run until 1:00 UTC 1/6/2022.