Klima DAO Fair Launch: (Pt 2) Liquidity Bootstrapping Pool

  1. To cost-effectively distribute a supply of KLIMA into the hands of as many people as possible.
  2. Achieve sufficient liquidity to bootstrap our Sushi pools at full launch of the protocol.
  3. Enable the market to achieve a “fair price” of KLIMA.
  1. They are a capital efficient means to initiate a pool, and remove the need to pay costly fees to market makers or exchange listings.
  2. The high initial price and downward price pressure give humans a fair chance to participate and precludes exploitation by arbitrage bots; whales are incentivised to split their trades into smaller tranches over a period of time.
  3. They are open and permissionless — anyone that has a crypto wallet can participate.

Unlisted

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KlimaDAO

KlimaDAO

KlimaDAO enables mass participation in the carbon markets and governs the development of KLIMA, an algorithmic, carbon-backed currency.