Crypto Strategy #10 - Klima DAO - Get a 1.5% return DAILY (40,000% APY) and HELP the environment
In this video, I walk through my #10 Crypto Strategy - Klima DAO.
Klima DAO is another Olympus fork but with a change that makes it a little unique.
Each DAO (Olympus fork) has a "treasury" of something that back the coin. For Olympus and Wonderland TIME, they use a stable coin (DAI and MIM) which are pegged to the US dollar. So basically Olympus and Wonderland have "dollars" in their treasury to back up their currency.
Klima is different. It keeps Carbon Credits in its treasury. Their goal is to make these Carbon Credits a valuable currency so that it is EXPENSIVE to emit carbon.
I am not a big political or environmental guy, but I think this is a cool idea.
Here's how to get started with Klima DAO
1) Go to Binance.us and buy as much USDT (Tether) as you will want to convert to KLIMA
2) Wait for the Tether to hit your Binance wallet, then send over to Kucoin
3) In Kucoin, trade USDT for MATIC (Polygon's native token)
4) Withdraw the MATIC (make sure you withdraw to the Matic chain) to your Metamask wallet
5) Now, go over to Sushiswap (https://app.sushi.com/swap), and Swap MATIC for KLIMA (Make sure to leave a MATIC or 2 for fees!)
6) Lastly, go to the Klima DAO Stake page (https://dapp.klimadao.finance/#/stake) - Make sure Metamask is switched over to the Polygon Network. "Approve" KlimaDAO to use your Metamask, and then "Stake" "Max"
Then you are good to go! Please reach out if you need any help, and let me know if you need any help.
Also, please let me know in the comments below what other projects that you would like me to check out.
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