Brokoli Network- Awesome Defi Project

During the development of blockchain technology, climate impact wasn’t the primary concern then. Due to this, its sustainability issues carried over to the Decentralized Finance (DeFi) space. And when DeFi boomed into the mainstream space, it brought the sustainability challenges to the forefront.

If we look at the primary problem all the networks face in today’s age, sustainability would be at the top. The current implementations of Bitcoin and Ethereum aren’t suitable for longer periods into the future. Moreover, this will pose a significant issue on decentralized finance which is growing at a substantial pace.

According to a Harvard study, every $1 of cryptocurrency value created is responsible for $0.66 in health and climate damages. If this issue continues, the DeFi community will fail to address the sustainability issues.

Brokoli network aims to provide a solution for it. Let’s talk about it.

Brokoli’s Decentralized Offsetting Process.

From every Climate Fee payment, three causes will receive the funds:

• Carbon footprint offsetting by planting trees.
• Renewable energy project investments in developing countries.
• Financing e-waste collection and recycling programmes.

Moreover, a snapshot-powered community vote will decide the allocation of funds to selected renewable projects and e-waste collection charities. Users can view the results of the community vote on the real-time dashboard. Moreover, the dashboard also shows the vote distribution, fund distribution, and allocation of funds to specific projects.

Also, Brokoli will provide grants to charity sector reuse organizations working with e-waste and pledge. By doing so, they can provide interest-free loans for electrical waste treatment facilities. As of now, they are in talks with several part

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