What is Klima Protocol (KlimaDAO)?

Klima, originally launched as KlimaDAO in 2021, is a decentralized autonomous organization (DAO) and open-source infrastructure protocol designed to revolutionize global carbon markets by tokenizing, pricing, and retiring high-quality carbon credits on-chain, addressing longstanding inefficiencies like fragmentation, opacity, illiquidity, and trust gaps that stifle climate finance and environmental impact scaling.

Operating initially on Polygon and evolving into Klima Protocol with its Klima 2.0 upgrade in 2025—migrating to the Base blockchain for enhanced scalability and cost-efficiency—it functions as a neutral liquidity hub for environmental commodities, enabling seamless minting, trading, staking, and retirement of digital carbon assets through smart contracts that automate treasury management, yield generation, and governance while fostering evergreen incentives for sustainable projects.

K2 ($K2) is the fixed-supply risk governance token of Klima Protocol (formerly KlimaDAO), serving as the economic backbone for its Klima 2.0 upgrade on the Base blockchain, where locked holders influence $kVCM pricing curves, carbon class selections, and portfolio risk management while earning shares of protocol incentives.