Some dream of money, some of status, others – of saving the planet. We know we have big problems with the things that our previous generations did with the advent of the industrial and agricultural revolutions, but it has been incredibly difficult to address each of the different factors that contribute to climate change.
Broadly speaking, there is one major issue that remains: even if the world came together to better manage trash cans, reduce red meat, and use only renewable energy and resources, we would still be faced with the fact that these individual small disparate efforts by different individuals cannot help the planet in any significant way.
However, what if you were offered monetary value for helping to revitalize the environment, what if the right incentives were put in place for people to enjoy? Incentives, as demonstrated by generations of government control and world-defining events, are some of the most powerful tools for addressing causes in groups for large-scale success.
With DeFi, the planet can be saved, but not by the ignorant
When people can work towards a very specific common goal and are generously rewarded for their efforts and contributions, even the most daunting and seemingly impossible tasks can be overcome and greatness achieved.
Watching the world of crypto build a broad ecosystem of people willing to live more independently and decentralized, both structurally and financially, as cryptocurrencies emerge, it has become clear that collective action and financial incentives can work wonders from a Committed can be accomplished community.
DeFi and Web3 have given crypto enthusiasts power that most could not imagine, whether it be through staking mechanics, yield farming, or NFTs. However, what the majority of the above enthusiasts have yet to learn about is blockchain-based carbon credits through exciting new projects that are taking the initiative to fight and win against climate change.
KyotoProtocol.io pops up
One such project that is absolutely worth mentioning and discussing further is KyotoProtocol.io – a fully immersive DeFi protocol that reinvents carbon credits through an entirely new multi-layered protocol. The project leverages the latest developments in smart contracts to create a long-lasting and highly effective standard for the on-chain carbon credit industry, as the blockchain ledger and the data it contains are perfectly aligned with carbon credit goals.
Why should Web3 enthusiasts care? Well, for starters, the KyotoProtocol.io ecosystem has massively outperformed projects with similar structures, but that’s not all – the reward potential for using blockchain carbon credits and staking on the platform is at its highest today. KyotoProtocol.io appears to be completely revolutionizing the carbon offset markets due to its well thought out, highly rewarding incentives for people to help the planet. So how do these reward incentives work?
KyotoProtocol.io has built a unique Genesis Fair Start pool that allocates tokens in a way that allows enthusiasts to see a fixed compound interest return through an automatic staking feature. Additionally, while KyotoProtocol.io will launch on Near Blockchain’s Aurora L2, the features offered will be interoperable and support all blockchains.
The aim of the project is to enable partners and investors to generate passive but substantial sources of income during their participation in carbon offsetting. To get into the specifics of KyotoProtocol.io rewards, we should add one of the most attractive points for each participant – the project offers a stunning fixed APY of 916,474% for the first 12 months of active participation – this is possible because of the positive rebased $KYOTO tokens and its automatic compounding staking capabilities.
Main characteristics of the ecosystem that create sustainability
Additionally, those who hear the incredibly high APY might be put off by thoughts about the fund’s security and protection, but the platform is structured in such a way that 5% of all fees go into the protocol’s own protection fund, the Kyoto Token Insurance Fund. flow. making the entire project very valid and secure. The insurance fund lives in a separate wallet within the KyotoProtocol.io ecosystem and sits there to mitigate downside risk, prevent bankruns and make the protocol’s growth sustainable.
If the process of helping the planet heal while earning passive income were barely accessible and difficult to manage, the goals could hardly be achieved.
The only thing a user needs to do in order to get paid to save the planet is to purchase and own the project’s native $KYOTO token, which will be staked automatically and allow people to simply watch their rewards add up accumulate. Another compelling feature of the KyotoProtocol.io ecosystem is the fact that $KYOTO token holders are paid 24/7 every 15 minutes, making the protocol one of the fastest auto-compounding protocols in the entire industry.
There is another crucial feature within the KyotoProtocol.io ecosystem that helps the project make sense for even the most sophisticated and seasoned crypto enthusiasts who call for more decentralization – a token burn mechanism that will inflate the supply called The Kyoto Token burn pit prevented. 3% of all fees go to Burn Pit, the system is fully automatic and helps to stabilize the platform in case volume or liquidity changes rapidly – transaction routing is very transparent and all compliance rules are followed.
The final essential feature of the KyotoProtocol.io ecosystem is none other than the Kyoto Token Liquidity Generator – a program that automatically injects liquidity into the market every 48 hours, liquidity split 50/50 between $KYOTO and $ETH and the KYOTO / ETH token pair always available to the user, with no exceptions. This also makes the protocol more stable and less prone to market slippage.
What did we learn today?
For humanity to survive and thrive, we need to reduce our carbon emissions by at least 3-5% per year, or by 55% overall by 2030 – according to European scientists. But not every initiative or motivation has to result from the directives of a central government.
DeFi and Web3 have given us the tools we need to maximize on-chain carbon offsetting through certified carbon credits, and KyotoProtocol.io is the perfect example of a project that combines both the technology and the microeconomics (Token) for the right incentives to take steps to tackle climate change yourself.
Starting June 15, 2022, at the launch of the KyotoProtocol.io Genesis Pool, we will be able to offset carbon emissions by putting our money to work with synthetic carbon credits and some serious value through passive income streams from auto-staking receive.
Check out KyotoProtocol.io and its in-depth white paper and their Twitter page for more on the June participation.
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