UK Ltd buys land in global south to exact 10% of profit from downstream and officially pinky promises to decentralize governance later. There's a word for this kind of behavior.
KIP-34: Aither ARR Project
Together with @AitherGlobal, KlimaDAO Partnerships is proposing to allocate 227,000 USDC from the Treasury to purchase 14,276 tonnes of afforestation credits at $15.90/tonne, to be delivered from Q4 2023.
Vote until April 10th: https://t.co/oLh9HhwaxT
I take FULL responsibility for entering into this space knowing neither crypto nor climate, and putting myself into the middle of a very complicated situation.
I did not have all the skills or experience required, and I probably misunderstood certain parts of the puzzle.
Public, open, permissionless systems can catalyze change in existing markets.
The Voluntary Carbon Market (VCM) is an incredibly important market in our fight against climate changeโbut to scale, change is needed.
KlimaDAO aims to offer an alternative approach to the VCM.
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@erde_kette They committed to using the EXTREMELY high fee to retire the least attractive carbon credits from the pool but the funds lie untouched.
The Toucan MO is trust, don't verify.
Toucan hasn't done anything with selective redemption fees in over a year. More greenwashing. ๐
I'd tag Toucan to see if anyone is still working there or if the project is ๐ but they blocked me to try and censor the truth.
@treetreebeard@0xPolygon The question is how much has been deployed from these different chains, like Ripple, who also announced a big financial commitment. Polygon still has it's article up on a 20 million pledge btw: https://t.co/kvWAXmHpsG @finrenton any updates?
@0xPolygon - care to respond?