Discover and read the best of Twitter Threads about #klimainfinity
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Welcome to This Week in #ReFi, KlimaDAO's recap of the most newsworthy events in the #RegenerativeFinance space over the last seven days.
This week has been dominated by a truly seismic development, in the form of a #web3 behemoth's climate-positive pledge. Read on for more! 1/9
This week has been dominated by a truly seismic development, in the form of a #web3 behemoth's climate-positive pledge. Read on for more! 1/9
On Monday 11 April, the Polygon Network (@0xPolygon) announced a $20 million commitment to going carbon negative in 2022, and climate positive beyond that, using @KlimaDAO's #KlimaInfinity service.
polygon.technology/sustainability/
#PolygonGoesGreen 2/9
polygon.technology/sustainability/
#PolygonGoesGreen 2/9
Need a reminder of what Klima Infinity is? It's a suite of tools enabling actors to source, retire, and hold custody over carbon credits natively on the blockchain, transparently and efficiently, and showcase their positive climate impact.
klima.fyi/klima-infinity 3/9
klima.fyi/klima-infinity 3/9
1/21 My first ever thread and it's about the recent $KLIMA price action (so called spiral of death)...A small brain's understanding of what's happening (ELI5)
TLDR: #KLIMAINFINITY would fix 2 missing pieces which'll generate demand and grow @KlimaDAO
TLDR: #KLIMAINFINITY would fix 2 missing pieces which'll generate demand and grow @KlimaDAO
2/21 The price of KLIMA is determined by the demand for it and the demand is determined by 1) its value (treasury) and 2) its utility. If either or both of them are below expectations, then the market demand drops and hence the price
3/21 The $KLIMA treasury is backed primarily by $BCT and recently by $MCO2 with NCT, Flow and C3 Carbon credits in the pipeline. As the demand for $BCT dropped, its price dropped and the $KLIMA treasury value also dropped.
