Since it’s inception, carbonZERO has been on a mission to grow as an eco-friendly, carbon neutral Cosmos validator to help better the planet by using a portion of our commissions to plant trees and off set carbon emissions with our friends at Ecologi. We are wanting to grow as not only a Cosmos ecosystem validator, but as a complete blockchain based, ‘Saving the Earth’ driven ecosystem.
With the launch of our latest validator node on EVMOS, we are also proud to launch our carbonZERO DAO with the cZERO token! This DAO is built using DAODAO on JUNO, and it’s purpose is to help raise funds for a better planet through blockchain rewards!
We have always donated 10% of our commissions after expenses to Ecologi, but now, we are going to up that to 20% with our EVMOS node funds and send those funds to the DAO as well as an additional 10% bonus that will be paid to cZERO stakeholders via the carbonZERO Foundation multisig! This way we keep those funds separate. The DAO funds will be able to be used as the cZERO stakeholders see fit and can only be moved via a DAO proposal.
cZERO holders will also be able to submit proposals for charities say in their local area or any verifiable eco friendly charity that they want. For example: a local river fund, help save a local wild life habitat, or really anything dealing with nature. Users can pay the proposal creation fee which is set at 2500 cZERO tokens. So if you have a verifiable charity that you want the DAO funds to be donated to for the month, then cZERO token holders are welcome to submit their proposal to the community! If no proposals are listed before the 3rd week of the month, then a proposal will be made by the team to send all of the funds to Ecologi for that period. We will be actively searching out other opportunities to invest our DAO funds into saving the planet and educating others on how they can do the same!
DAO Voting Information
Voting percentage to pass: 51%
Quorum needed to vote: 20%
Proposal Fee: 2500 $cZERO
Voting duration: 1 Week
Token and Initial Airdrop Information
100M Initial Token Supply.
2 Week Unstaking Period
Token supply sent to and managed by the carbonZERO Foundation multisig wallet in DAODAO and can be verified there.
Up to 1% of the token supply was allocated to the carbonZERO team to be able to initiate proposals the DAO and to use for giveaways and marketing purposes. A small amount has been staked to initiate governance. Beyond that, the team will have to earn cZERO tokens from airdrops just like everyone else! This creates a more decentralized DAO.
Tokens remaining after the initial EVMOS delegator airdrop will be held in the carbonZERO Foundation multisig until needed for the next node launch and airdrop. Once these token funds run out, a proposal can be created to mint more tokens or tokens can be bought back from the market.
Airdrop Information
Minimum of 50 EVMOS to qualify.
The Game Of Airdrops
Snap shot taken for the airdrop to be taken 1 month after our EVMOS validator node reaches the active set and is able to maintain. If we drop out of the active set, the snap shot clock resets! Airdrop will be scheduled 2 weeks after the initial snapshot date. A second snapshot is taken just before the airdrop and addresses that have removed their delegation in that time period are disqualified from receiving cZERO tokens.
If we do not get into the active set for EVMOS, we do not airdrop tokens!
cZERO will be listed on either JUNOSwap or the Frontier Osmosis exchange in the future, no specified date set for exchange listing. More information to come.
Airdrop Levels
Ratio is shown as cZERO:EVMOS for every EVMOS Staked. So to break it down, if you stake the minimum of 50 EVMOS tokens with carbonZERO, as we are able to get into the active set and stay there during the snapshot and airdrop, then you will receive 0.5 cZERO for every 1 EVMOS you have delegated to us. The ratio increases the higher up the levels you go.
Level 1 - 50+ = 0.5:1
Level 2- 250+ = 0.75:1
Level 3- 500+ = 1:1
Level 4- 1k = 1.5:1
Level 5- 2.5k = 2:1
Level 6- 5k = 3:1
Level 7- 10k = 4:1
Level 8- 25k+ = 5:1
Those who stake their EVMOS with carbonZERO will be able to set up auto-compounding on our Restake app! We are all set up and ready to go!
Please note that on the Restake app, while in the inactive set, you will have to select the dropdown that says "Active" and select "Inactive". Once we are in the active set, carbonZERO will show at the top of the list of validators on our Restake app!
Join us in our quest to help our planet through blockchain! Help us plant trees to offset carbon emissions, or stake your cZERO tokens and come and vote or submit your own proposals for a local eco friendly cause in your area!
We Are carbonZERO
carbonZERO is a full service, eco-conscious validator node operator for the Cosmos ecosystem, providing infrastructure for several blockchain in the Cosmos ecosystem. We run top of the line bare metal servers, utilizing 64GB RAM, 1TB NVMe SSDs, and 8-core / 16-thread CPUs. Our node architecture consists of frontline sentry nodes for ultimate security. Future plans for additional security & performance include implementing threshold signer nodes, as well as additional sentry and RPC nodes.
Stake your $CMDX, $ROWAN, $HUAHUA, $CRBRUS, and $NOM with carbonZERO using our Restake app! You can also visit the Staking page on Coin Logic and click the chain you want to delegate and it will take you directly to our delegation page!
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