Mangrove DAO
is focused on restoration of degraded mangrove mangroves habitats in Myanmar myanmar and globally

Mangrove DAO is a Decentralized Autonomous Organization. It implements novel governance mechanisms to empower the community of TREE coin holders.

MANGROVE token is the new digital representation of 1 planted mangrove in the TREE coin project and the governance token of the Mangrove DAO. It is issued on Polygon blockchain.

Mangrove DAO members can vote on:

*
Distribution of tokenized carbon credits, including airdrops
*
Carbon Tokens Markets Operations
*
Participation in the new mangrove restoration projects
*
Development of the Mangrove DAO
*
Issuance of new Mangrove tokens to crowdfund new restoration projects

Verified carbon credits will be tokenized by WIF or by an appointed agent on behalf of WIF using Toucan Bridge, as fractionalized NFT tokens (TCO2-VCS-1764-xxxx).

Blue Carbon Reference Token pool will be launched to represent 1 generic VCU of Blue Carbon. The liquidity pool for Blue Carbon token will then be listed and traded on Sushiswap.

Details

Ethereum ENS
DAO communications
DAO VOTING
TCO2 Tokenization
Social Media
DAO Treasury
GnosisSafe multisig
Liquidity pool
MANGROVE/USDC
MANGROVE/USDC liquidity pool will be launched on Sushiswap
Reference Token
BCRT
Blue Carbon Removal Reference Token will be deployed on Toucan Bridge Protocol

Specification

Heyerdahl Climate Pioneers

Mangrove DAO

token
Tree Coin
MANGROVE Token
token standart
Colored Coin
ERC-20 token
blockchain
Bitcoin
Polygon
symbol
Tree
mangrove
Representation
Planted mangrove in Thor Heyerdahl park and carbon rights
Planted mangrove in Thor Heyerdahl park and governance of the Mangrove DAO, including treasury multisig
issued tokens
1’622’750, including 561’027 technical colored coins issued for the offchain settlement
1’061’723
Contract
Exchange
Lykke
SushiSwap
Carbon Tokenization
Toucan
Issued
2017 (till 2021)
1 Dec 2021

Mangrove Project

The project replants severely degraded mangroves in the Ayeyarwady region of Myanmar. The project's developer is Worldview International Foundation, one of the world's most respected eco heroes. Founded in 1979, it established national parks in Myanmar and Sri Lanka, planted tens of millions of trees, and provided hundreds of jobs on a regular basis.

To ensure the project's long term sustainability, WIF uses a community-based model to educate and employ locals, to provide scholarships and help schools, to support families and gender equality.

Project carbon curve

Total estimated

Total issued
20152034

The confirmed commitment from WIF is to pledge 8% of all the total carbon yield value (post Verra buffer) to Mangrove DAO starting from the 2021 vintage.

Roadmap

2017

2018

  • WIF mangrove restoration project registered by Verra

2021

  • December 2, 2021. Lykke delisting announced.
  • January 2, 2022. Migration from Lykke ended. The later requests will be considered on an ad hoc basis.

2022

  • GnosisSafe Multisig created
  • Interim treasury holders elected
  • First Blue Carbon credits tokenized and sent to the Treasury
  • Blue Carbon Removal Reference Token on Toucan Protocol
  • Treasury distribution proposals DAO voting

2023

  • Migration of the Treasury to SafeSnap or similar mechanism allowing direct distribution of funds based on DAO voting
  • Mangrove DAO development

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