1/21
⬆️ We all know that crypto is at its best: BTC and ETH at ATH, TVL on DeFi breaking records...
🌎 But, have you wondered what crypto could do for worldwide problems?
🌱 Here is the first thread about "The case for Clean Money", a piece by @RuneKek for the community.
2/21
🙌 To begin with, @MakerDAO has always had as its main purpose "to serving the underserved".
💲 We made this possible through access to a stable, decentralized currency that is free from governments that neglect their own currencies.
💪 But yes, there is more we can do.
3/21
🔬 It's because there are more problems that an open and decentralized monetary network can solve.
🌪️ One of them, one of the most worrying, is climate change.
🏞️ We all know that since we are living here, ecosystems, lands, resources and climate are not at their best.
4/21
🔄 World is changing.
🧊 World is melting.
🔥 World is on fire.
🐢 World is watching ecosystems disappear.
🤒 World is getting sick. The world where we live.
5/21
🧠 Maker, as a purpose-driven DAO, must be thinking out of the box to be part of the cure.
🤔 The first question here is: What can we do?
💰 What we are doing now is a good start: Maker is a provider of monetary liquidity through overcollateralized debt.
6/21
⭐️ And we are good at what we do.
🌆 The Maker Protocol now, beyond working in crypto, is a liquidity provider for entities rooted in the traditional financial system.
7/21
🏡 A proof of it is the first overcollateralized debt that issues Dai through real world assets (RWA), such as real estate ones, as a guarantee.
➡️ forum.makerdao.com/t/real-world-f…
8/21
💵 In short, Maker is tokenizing the traditional financial instruments and putting it into work for creating a decentralized stable currency as an instant liquidity source.
9/21
🏦 Another great example is the vault that one of the biggest european banks, @SocieteGenerale, has proposed to open with tokenized bonds.
➡️ forum.makerdao.com/t/security-tok…
10/21
🤔 So, the question is: If there are real world assets that @MakerDAO can bring into crypto for generating liquidity through Dai, how can we use that value proposition to fund the world's cure?
🙌 It can't be too complicated at all.
11/21
🔄 Imagine there's a company that is installing clean energy sources in emerging countries at an affordable cost for families living in the area who have never had access to electricity.
12/21
💰 What if Maker can provide liquidity to fund a project like this through a senior credit position that an investor can guarantee by tokenized assets of the project's company?
13/21
⚡️ What if @MakerDAO decides to ensure that its collateral from RWA is always coming from projects that removes its carbon footprint or that produce renewable energy?
14/21
🤝 @MakerDAO and the blockchain can always assure that their collareal are following these purposes, and then, Dai will become a decentralized, stable and clean currency.
15/21
🔭 But it's not just about "fixing the problem that is in the public eye". It's about sustainability too.
🌎 The problem that we would tackle could have unintended consequences for the global economy.
16/21
♻️ If the world as we know it could do a 180-degree turn, the financial system is also supposed to
If we assure that our entire system is backed by sustainable and climate-aligned collateral, we would be becoming a resilient financial system in the face of possible crises
17/21
♻️🌎💰 Maker can be part of the solution and can be prepared for the futurist-sustained finance.
18/21
🍃 Dai could become the clean money for the world as a stable, decentralized and sustainable currency
Clean as they are funding the planet's cure
Clean as they are created through climate stability collateral
Clean as they are fully working by a decentralized governance
19/21
☀️ With a brighter future for a sustainable and climate focused economy, the Clean Dai would drive big benefits for $MKR holders, who would also execute this sustainable purpose by voting on the best projects with better risk, benefit and planet-oriented metrics.
20/21
🏭 Remember that, as humanity, we have to reduce our CO2 emissions according to the graph below to prevent consequences that would be impossible to mitigate.
⚡️ Remember that, Dai can fund and be part of that graph.
1⃣ This is the first thread that follows the "clean money" series.
✊ Stay tuned for more threads about the source article of @runekek
👇 You can read the entire article here:
forum.makerdao.com/t/the-case-for…
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