# Reference

- [Protocol overview](https://docs.klimaprotocol.com/reference/overview.md): The Klima Protocol is open, rules-based infrastructure designed to support carbon credit intake and retirement through transparent execution terms and onchain settlement.
- [Governance](https://docs.klimaprotocol.com/reference/governance.md): What allocation does, how it shapes the protocol, and when doing nothing is perfectly fine.
- [Governance (Archived)](https://docs.klimaprotocol.com/reference/governance-archived.md)
- [Liquidity](https://docs.klimaprotocol.com/reference/liquidity.md): Learn how Klima’s kVCM liquidity pools internalise carbon inventory, route all economic activity through a single fungible token, and let users provide the liquidity that powers the system.
- [Incentives](https://docs.klimaprotocol.com/reference/incentives.md)
- [Token Distribution](https://docs.klimaprotocol.com/reference/token-distribution.md)
- [Glossary](https://docs.klimaprotocol.com/reference/glossary.md)
- [Protocol Implementation & Upgrade Transparency](https://docs.klimaprotocol.com/reference/protocol-implementation-and-upgrade-transparency.md): This document explains how the protocol’s software implementation is maintained, upgraded, and secured over time.


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