How Crypto Can Be Good for the Environment | Klima DAO

Bankless Nation, meet Klima DAO, the carbon-backed digital currency and algorithmic climate protocol. Dionysus, Archimedes, and Oxylos join to discuss bringing environmental incentives to DeFi, using similar mechanics to OlympusDAO and the OHM token. Klima DAO plans to generate on-chain demand for carbon offsets and build a carbon-backed treasury, with the goal of driving up the price of carbon. Who said crypto was bad for the environment? For Bankless readers, it should come as no surprise that the powers of DeFi can be leveraged to incentivize coordination around public goods. (🌳,🌳) ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ Topics Covered: 0:00 Intro 4:45 Dionysus, Archimedes, and Oxylos 6:35 Klima DAO & Carbon Markets 14:10 Voluntary Economy 17:45 Relationship with OlympusDAO 25:00 Tokenomics 33:33 Inducing Demand 35:02 Ponzi Games & Game Theory 42:41 Opt-In Social Incentives 46:06 Roadmap and IDO 51:52 Slaying Moloch 57:52 Closing & Disclaimers ------ Resources: Klima DAO https://klimadao.finance/  Discord https://discord.gg/kx4pahaFw8  Klima DAO on Twitter https://twitter.com/KlimaDAO?s=20  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures