Solid World is pleased to announce a new partnership with Menthol, the decentralized multi-chain sustainability ecosystem. Menthol Protocol will automatically offset carbon emissions of user or dApp transactions with verified renewable energy and carbon credits from around the world.
In a statement announcing the partnership, Solid World said, “Menthol’s work to counteract blockchain emissions is very important to the ReFi mission, and we are happy to be partnered with them as they build their protocol. We are looking forward to seeing all of the cool innovations that they bring to the space!”
Menthol also issued a statement, saying that, “We are excited to partner with Solid World, who are tackling 2 major challenges for the offset market at once: scalability & liquidity. Their mission is to build a core infrastructure making forward carbon markets as liquid as possible & thus de-risk carbon credit investments!”
Menthol Protocol will support all major dApps and allow dApp developers/users to be climate-positive in a decentralized and automated way. It is designed to be as composable and pluggable as possible. Menthol Protocol’s vision is to be the go-to multi-chain sustainability middleware for the DeFi and NFT space.
Solid World is creating a transparent system that will enable the pre-funding of high-quality sequestration-based carbon projects to help them get off the ground. The platform will also enable the commodification of forward agreements, and provide much-need liquidity to the carbon economy.