KlimaDAO x Chainlink Price Feeds
KlimaDAO a project bringing tokenized carbon credits to the forefront of Web3—has integrated Chainlink Price Feeds on the Polygon mainnet.
With this integration, KlimaDAO now has access to reliable price data feeds that can help them securely offer gOHM/KLIMA bonds to users. Ultimately, this integration helps enable KlimaDAO to further align itself with Olympus DAO and provide a robust liquidity rail for the KLIMA token.
KlimaDAO is a black hole for carbon at the center of a new green economy. By incentivizing users to participate in the carbon economy, KlimaDAO increases access to, and demand for, carbon offsets. This is accomplished by offering a variety of bonds, in which users can bond carbon-based tokens that are then introduced into KlimaDAO’s treasury—a tool for accelerating the development of deeply liquid carbon asset pools.
As a central piece of the fast-growing green economy, KlimaDAO benefits from additional liquidity and further integrations with projects in the larger DeFi ecosystem.
Chainlink Price Feeds are the most widely used price feeds in the blockchain ecosystem, and feature multiple layers of decentralization. Which they are offer a multitude of mission-critical features, including:
- High-quality data
- Secure node operators
- Decentralized network
- Transparency
“Chainlink Price Feeds are a crucial piece of infrastructure for some of DeFi’s most prominent protocols. By using Chainlink Price Feeds to support KlimaDAO’s bonds, we’re giving users peace of mind that the bonds are accurately calculated and that their underlying price data has not been manipulated.”— Dionysus, KlimaDAO core member.
About Chainlink
Chainlink is the industry standard for building, accessing, and selling the oracle services needed to power hybrid smart contracts on any blockchain. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries. Offers global enterprises and leading data providers a universal gateway to all blockchains.
About KlimaDAO
KlimaDAO focuses on increasing the cost of carbon emissions to disrupt the carbon markets. By accelerating the price growth of carbon assets, KlimaDAO strives to motivate companies to reduce their emissions. There are over 60,000 KLIMA holders or “Klimates”, 40,000 users in the KlimaDAO Discord, and 70,000 KlimaDAO Twitter followers.
