Klima DAO Fair Launch: (Pt 1) Initial Discord Offering

What is Klima DAO ‘Initial Discord Offering’?

Our Initial Discord Offering (IDO) is Part 1 of our Fair Launch Strategy, and aims to distribute supply of KLIMA as fairly as possible. By participating, alphaKlimates can secure a bag of KLIMA in a non-competitive environment.

How will the IDO work?

IDO purchases will be done Ethereum mainnet.

  1. Class A: 500 DAI / NFT → airdrop of 50 Klima → 10 DAI / KLIMA
  2. Class B: 1000 DAI / NFT → airdrop of 100 Klima → 10 DAI / KLIMA

What else?

The IDO will be used to bootstrap the LBP, which will then bootstrap the Sushi pools on Polygon, post LBP.

What can I do now?

Next steps will be announced on our community Discord.

  1. Connect to Polygon Mumbai test network by searching for Mumbai here. You can view transactions and and tokens on Mumbai here. Note that you need to make sure your web3 provider’s network is set to Matic Testnet Mumbai.
  2. Token addresses on Mumbai testnet are below this article.
  3. Staking KLIMA for sKLIMA can be done at https://klimadao.finance/#/stake. Note that if rebase rewards are at 0% it means testers have exhausted the current amount of testnet rewards.
  4. Create a KLIMA/BCT SLP on Sushiswap.
  5. The SLP can be bonded at https://klimadao.finance/#/lpstake

Risks and Disclaimers

Please keep in mind that this is a high risk economic experiment, and you are not recommended to bootstrap Klima DAO with funds that you can’t afford to lose.

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

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KlimaDAO

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