DIA Partners with KlimaDAO to Enable DeFi Integrations on Base Blockchain

DIA has deployed a robust price feed for the Klima token on Base, empowering KlimaDAO to integrate with the growing ecosystem of DeFi protocols on Base.

Mikel Garcia

Core-Team

January 15, 2025

3 minutes read

DIA Partners with KlimaDAO to Enable DeFi Integrations on Base Blockchain

DIA is excited to announce its latest partnership with KlimaDAO, a pioneering project in the carbon markets ecosystem. Through this collaboration, DIA has successfully deployed a robust price feed for the Klima token (KLIMA) on the Base blockchain, empowering KlimaDAO to integrate with the growing ecosystem of DeFi protocols on Base.

What is KlimaDAO (Klima)?

KlimaDAO is a DeFi protocol composed of multiple smart contracts on the Polygon PoS public blockchain. These smart contracts are designed to work together to form a larger protocol with the aim of growing environmental commodity markets on-chain, as a means to efficiently and transparently accelerate climate financing at a global scale.

The Klima protocol issues the $KLIMA token which is utilized by the protocol and its stakeholders to align and incentivize treasury and market development activities.

Enabling DeFi Opportunities for KLIMA

The deployment of the KLIMA price feed is a crucial step in expanding KlimaDAO’s utility within the Base blockchain ecosystem. This oracle integration provides reliable and transparent pricing data for KLIMA, ensuring seamless interoperability with DeFi applications.

Among the initial adopters of this oracle is Ionic Money, a Base-native DeFi protocol that has lined up KLIMA for its upcoming veION launch.

This partnership with DIA marks a significant milestone in expanding KLIMA’s utility within the DeFi space. By integrating a secure and transparent price feed on the Base blockchain, we’re unlocking new opportunities for KlimaDAO to scale climate-positive financial products and drive deeper engagement in decentralized markets. This is an important step toward making carbon markets more liquid, accessible, and impactful through Web3 innovation.
Scott Michael Kilduff JR
Executive at Klima Foundation

DIA’s Custom Oracle Solution

DIA’s infrastructure stands out for its ability to deliver custom oracle solutions for any token on any chain, tailored to the unique needs of its partners. This is possible with DIA’s unique data sourcing architecture, which collects raw data directly from any source, including 100+ CEXs and DEXs. The KLIMA price feed is no exception, providing:

First-party data sourcing: Aggregating price data directly from multiple trusted exchanges trading KLIMA including Aerodrom on Base.
Fully transparent data: Providing end-to-end transparency (data source, data filtering, and computation) and security metrics to monitor the robustness level of the feed.
Push oracle functionality: Addressing KlimaDAO’s requirement for real-time price updates to support DeFi integrations.

This collaboration further reinforces DIA’s mission of enabling transparent, trustless, and reliable data feeds across blockchain ecosystems.

Unlocking DeFi Potential on Base

With the oracle now live, KlimaDAO is positioned to tap into the burgeoning DeFi ecosystem on Base. The KLIMA token’s integration into protocols like Ionic Money will unlock new use cases, including:

Collateralization opportunities in lending and borrowing markets.
Enhanced liquidity via tokenized assets in Base-native liquidity pools.
Participation in the broader DeFi ecosystem for KlimaDAO’s mission-aligned stakeholders.

A Sustainable DeFi Future

KlimaDAO’s focus on building the infrastructure for voluntary carbon markets aligns with DIA’s vision of supporting innovation across Web3. By providing the tools to bridge KLIMA with Base’s DeFi landscape, this partnership serves as a stepping stone toward a sustainable and interconnected DeFi future.