A guide to getting started with Klima — Step-by-step instructions on how to acquire and stake KLIMA tokens

<aside> 👉 Please be aware that KLIMA exists only on the blockchain. You and only you are in control of your funds. If you are scammed, lose your password, make a bad trade, or send to the wrong address... there is nobody who can help you! KlimaDAO can not assume any responsibility.

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Here are some measures you can take to keep yourself safe:

Use another browser for crypto investments than you use for your daily browsing and only have one tab open in that browser at a time.
Review this video for more information and background: https://www.youtube.com/watch?v=3kcXVEDB64Y
Only use links from trustworthy sources - klimadao.finance and klimadao.notion.site
Make sure your software and hardware wallets are up to date.

Introduction

How can you participate in our ecosystem and become a "Klimate"? You have two options.

Staking - Acquire KLIMA on the open market, and "stake it" to earn a share of the protocol's profit over time. Staking is a way of presenting ownership of your tokens to the protocol, and indicating that you don't plan to sell the KLIMA. In practice, you give us KLIMA and we give you sKLIMA tokens. sKLIMA tokens are like coupons that can be redeemed back for KLIMA at any time.

and/or

Bonding - Deposit carbon and receive KLIMA at a discounted rate. The Treasury accepts carbon in the form of BCT tokens or Liquidity Pool tokens for BCT pairs (USDC/BCT & KLIMA/BCT).

Staking and Bonding both will be done at: https://dapp.klimadao.finance

For beginners, we recommend staking, also known as the (3,3) - or in our case the (🌳,🌳) strategy. This guide will walk you through acquiring KLIMA tokens, which can then be staked.

What do I need?

In order to take part you need to prepare a few things in advance. This short guide explains how, with links to Youtube videos that show exactly how it‘s done. If you are new to Crypto, this might take you a while! We recommend using a desktop or laptop instead of your mobile phone.

1. Install Metamask wallet as a browser extension

Metamask wallet is the most widely used wallet. A wallet is a cryptographic tool that lets you interact with the blockchain network securely. Install Metamask as a browser extension which is available for Chrome, Firefox, Brave and Edge.