This week saw some massive downturns in the markets, but our nodes kept running! The DAO saw it's worst week in some time, but really that has a lot to do with the continued bear market and the fallout of FTX.
We have been taking this time to dig into different carbon credit investments for our DAO through the REGEN Network and other options like the Giving Block. This month we are going to be retiring carbon credits, which we will produce a video for later in the week.
Not Your Keys Not Your Coins
This week's events should be a great learning experience for everyone. If you had funds on FTX, we hate that you have lost your funds. With Cosmos ecosystem blockchain, you keep control of your funds even if you delegate your stake to us. You have full control and can take your stake back or move it to another delegator anytime you want, well within the time limits set on-chain that is.
Having your funds held in your private wallet, hopefully it's a cold storage wallet like a Ledger Nano S or something of the like, but even if it is just a hot wallet, having your funds in your control is crucial.
If you are going to trade, think about trading on DEXs like Osmosis or Junoswap before you go to a centralized exchange! Not your keys, not your coins!
DAO NUMBERS
This week we collected a total of $57.59 in USDC this week from EVMOS alone. The rest really only broke even enough to cover the server fees and other internal expenses.
We are saving this USDC to be able to retire carbon credit to help keep us carbon neutral through the REGEN Network instead of planting trees with Ecologi, just to keep the donations on-chain!
We Are carbonZERO
carbonZERO is a full service, eco-conscious validator node operator, providing infrastructure for several blockchain in the Cosmos ecosystem. We run top of the line bare metal servers with data centers that work to be carbon neutral. Our node architecture consists of frontline sentry nodes for ultimate security running TMKMS for double sign protection. We also run 24 hour monitoring on all nodes to help secure against any significant down time.
We are a small but highly passionate team, not only around blockchain validation, security, and decentralization, but also around protecting and preserving our environment for generations to come. This is why we have started our eco-friendly DAO where we donate up to 20% of our commissions to ecological projects around the world, primarily focused on planting trees to offset carbon emissions. Our DAO members help direct our donations through governance voting and proposals.
Stake your $EVMOS, $JUNO, $CMDX, $MNTL, $ROWAN, $HUAHUA, $STRD, $TORI, and $NOM with carbonZERO using our Restake app and if Authz is available, you will be able to auto-compound your tokens!
Follow us on Twitter!
Follow us on LeoFinance on Hive!
You can track our tree planting progress on our Ecologi page!
Posted from my blog with Exxp : https://news.carbonzero.zone/2022/11/14/weekly-validator-and-dao-report-11-08-11-13/