Roadmap & Timeline
Klima Protocol roadmap (2021–2025): milestones from on-chain carbon markets to Carbonmark, Base migration, kVCM/K2 TGE, price discovery, and 2025 app launch.
Klima Protocol is set to fully launch by the end of 2025, marking the culmination of a four-year evolution from an innovative DeFi carbon finance protocol into a sustainable, transparent, and open climate infrastructure that facilitates liquid and efficient global carbon markets.
2021: Foundation and On-Chain Carbon Market Innovation
KlimaDAO launched on Polygon in October 2021 as a pioneering carbon-backed DeFi protocol. It quickly grew its treasury to hold over 20 million tokenized carbon credits, jumpstarting the development of an on-chain carbon market and reaching a peak market capitalization of $1.1 billion.
Key milestone: Establishment of the first large-scale decentralized carbon finance protocol.
2022: Scaling Carbon Market Infrastructure and Product Expansion
Despite market headwinds, including a major registry pausing blockchain integrations, KlimaDAO scaled its carbon market infrastructure by bridging tens of millions of carbon credits on-chain and facilitating large-scale carbon offset retirements.
To promote real-world adoption, KlimaDAO expanded its product suite with Klima Infinity, Carbon Dashboard, Climate Pledge Portal, and the Carbon Retirement Aggregator.
By year-end, KLIMA’s circulating supply surpassed 1 million tokens, and the project reported over 500,000 tonnes of CO₂ offset through its infrastructure.
Key milestone: Major expansion of product offerings to drive adoption despite market challenges.
2023: Ecosystem Consolidation and Marketplace Launch
Focus shifted to strengthening infrastructure and consolidating the ecosystem.
KlimaDAO developed and launched Carbonmark, a comprehensive carbon credit marketplace aggregating tens of millions of credits from hundreds of projects. Carbonmark became the primary interface for market participants, improving transparency and trading efficiency.
The DAO also expanded to new blockchain networks—most notably Base—to lower costs and attract a growing user base.
Key milestone: Launch of Carbonmark, centralizing carbon credit marketplace activity.
2024: Network Migration and Governance Evolution
KlimaDAO successfully migrated its protocol from Polygon to the Base blockchain, addressing issues of high gas fees and improving transaction throughput while aligning closer to Coinbase’s ecosystem.
The DAO established KlimaDAO Japan, launching Japan’s first tokenized carbon marketplace compatible with the Government of Japan's J-Credits system.
Carbonmark enhanced its functionality by expanding registry integrations, introducing credit fractionalization, automating purchase and retirements via API, and improving marketplace features.
By mid-2024, KlimaDAO and Carbonmark facilitated the retirement of over 1 million tonnes of carbon credits on behalf of customers, demonstrating significant real-world climate impact through its digital infrastructure.
Key milestone: Migration to Base and geographic expansion with KlimaDAO Japan.
2025: Klima 2.0 White Paper and Fair Launch
By 2025, Carbonmark handled over 12,000 carbon retirement transactions per month, leveraging KlimaDAO's liquidity to support operations.
The project announced its transformation from KlimaDAO to Klima Foundation, marking the beginning of the strategic shift toward Klima Protocol with a new organizational structure.
The Klima 2.0 white paper was released, introducing a dual-token architecture comprising the asset token $kVCM and governance token $K2. It outlined Klima 2.0’s autonomous asset manager design, decentralized liquidity mechanisms, and governance framework, establishing the foundation to transition from KlimaDAO to Klima Protocol as an open capital system for carbon markets.
The Klima 2.0 Fair Launch ran through Q2, culminating in the Token Generation Event (TGE) for $kVCM, where staking participants were able to claim their carbon-backed asset tokens.
Key milestone: Launch of Klima 2.0 white paper and successful Fair Launch event.
2025: Price Discovery and Klima Protocol Launch
Following the TGE, $kVCM entered a 4-6 week price discovery period with new liquidity pools deployed on Base’s Aerodrome exchange, setting the stage for decentralized carbon market price formation.
By the end of 2025, Klima Protocol will officially launch its new application, completing the transition from KlimaDAO to a fully decentralized, scalable climate finance infrastructure.
Key milestone: Official launch of Klima Protocol and decentralized carbon market price discovery.
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