• General

  • Request for Comment - Treasury Policy Proposal

Summary
Rent 5% of Treasury BCT to companies (through partnerships with blue source, verra, etc) to create cash flow.

Motivation

KLIMA is focused on sucking carbon and climate related assets into its treasury. To create income on idle assets in Treasury.

Proposal

Lease BCT in Treasury to create interest on assets.

Why? To strengthen diversification of assets in Treasury to protect against run on bank scenario and broaden investor interest. Interest earned on BCT's can be used to purchase and track the growth of the crypto eco-system to diversify treasury.

Goal? To increase belief in KLIMA’s future. To strengthen KLIMA’s resiliency as an anti-fragile asset.

How? Process: Strategy #2 - Lease BCT to companies through a middle man like Blue Source. These details need fleshing with Team.

Speculation? If the assets purchased through the interest generation grow, then KLIMA is not limited to 1 BCT = 1 KLIMA.

Furthermore, above strategy could be implemented in stages. One asset at a time, smaller percentages, to test and gauge performance.

Note: The intent behind proposal is not a financialization of KLIMA. The intent is to diversify and grow treasury beyond BCT. This proposal is for engagement of IDEAS and a healthy discussion!

    As klima is positioning itself the reserve currency for carbon, shifting treasury to stables would not align with the goal of the protocol. Furthermore, the protocol is relying on the growth of carbon credits, and seeing as carbon credits have appreciated significantly since the launch of klima, the protocol has benefitted from opting for carbon credits instead of stables.

    optima
    Important to note here: Outperforming BCT would not be the only goal of proposal.
    To add, the goal of this proposal is to open the floor to ideas.

    Also, not just stables to be held but climate related assets or indexes to be purchased and held by treasury.

    A few on chain possibilities:

    Synthetic TSLA.
    Create a CLIMATE index on INDEX Coop -- or a leveraged, FLI series Index.

      Decentralized Energy Resources, DER's through the energy web chain? These are assets, but they are meant to be consumed so I don't believe accumulating them would be good for the environment. They are units of account for energy generated through solar panels, wind turbines, batteries, etc.

      Yomie In the short term, I also believe the goal of the protocol should be to syphon as many carbon credits as possible in order to establish itself as the reserve currency for carbon.

      That said, I find intriguing the idea of diversifying the treasury with assets that align with the larger goal of the DAO which is to curb emissions. I would be curious to hear more about the use of synthetic equities for that purpose.

      Is the idea to partner with something like Mirror Protocol and ask them to mirror a clean tech ETF? How do synthetic equities impact real world markets?

        If the proposal gets edited significantly like this, commenting because impossible.

        It started with stable proposals and now it's somewhere completely different.

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