big moves
d3s4i
- 29 Aug
- Joined Feb 9, 2022
Exciting to see mandatory markets coming a step closer to the DCM
I like the idea of using carbon tokens to market buy KLIMA. Also deep financial sustainability for the DAO is a no-brainer. There's no way to build without people to build it. The DAO has done a great job using its first mover advantage to acquire a massive carbon treasury, I see this move as helping to rebalance the financial picture to keep things moving along smoothly.
Feels like a very exciting time for the DAO. Excited to feel the tide turning towards going on the offensive with scaled up marketing and next tier of valuable product ideas coming to life. All for it!
Slowly the pieces are falling into place. Totally for it!
- Edited
Tough call... GolanTrevize's strategic positioning against Toucan, or a syzygy's khyezr's vision of becoming a one stop shop for all on-chain carbon. Also the good point by Golan that Klima may benefit from de-risking away from BCT and should funnel demand towards it for retirements--especially as Toucan no longer allows selective retirement without the fee.
I think allowing retirements of NCT are not the same as bonding them into treasury. It could create a stream of income that could be deployed in a variety of ways. Thus Klima is benefiting from the NCT retirement demand as is Toucan, but we have no obligation on how to handle NCT once it is in the treasury. It could also be swapped for NBO/UBO.
Focusing on the "best" user experience, by allowing free market retirement of their carbon credit of choice is likely the more meaningful value in this case. There may still be room for Klima to showcase specific carbon credits as "preferred partners" (eg. for C3 or any other partners who share governance tokens). It could drive a lot of retirement demand for SMBs who may not care either way as long as there is general price parity between the options.
Klima must stand for "the base layer of ReFi" and if you can't get whatever you want on it, it may win the battle but open the war to more universal on-chain retirement technology coming in.
I think there is definitely room for Klima strategy to consider "preferred partners" showcased in the marketing and UX for credits which we believe in more (and who believe in us more). We are in the end ourselves a "free market participant" in the carbon world.
Securing the fundamental value of our treasury is of utmost importance.
As is becoming the Web3 carbon UX of choice.Finally in this case I think ensuring companies have the functionality they want (to allow the market to direct us on where innovation should go) is an important product consideration to Syzygy's and Khyezy's point. But considering a "preferred partners" in our marketing and UX can bring some of the "teeth" to support Golan's focus to ensure Klima is well positioned within the competitive dynamics.
Awesome!