A draft constitution for MakerDAO proposes the $DAI stablecoin issuer join the fight against climate change with 20K MKR tokens to fund sustainability efforts, one of the strongest statements on climate change to come from a DAO. reports
would have the DAI stablecoin issuer join the fight against climate change with 20,000 MKR tokens to fund sustainability campaigns through 2040., the wide-ranging document identifies “scientific sustainability” as a core principle worth incorporating into Maker’s politics and operations. The proposed fund represents one of the strongest statements on climate change to come from a decentralized autonomous organization.
“At the time of the Maker Constitution the world is headed off a cliff with runaway greenhouse gas pollution pushing the biosphere past critical climate tipping points that will cause disasters for centuries to come.
Although Christenson published his climate-forward draft Constitution for MakerDAO this week, the concept of sustainability can be traced back to theOne of the principles was sustainable finance. “This means that Maker will be biased towards, for example, renewable energy that provides a long-term global benefit, while being biased against funding fossil fuels and other assets that create long-term risk, said a Maker blog post from August 2018 related to the first vote.
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