Menthol Protocol is a multi-chain decentralized sustainability ecosystem that powers user and dApp transactions with verified, emission-free renewable energy. The platform addresses the environmental impact of blockchain operations by integrating renewable energy credits directly into transaction processes.
Funding
$1.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Blockchain transactions and decentralized applications (dApps) consume significant energy, contributing to a substantial carbon footprint that undermines sustainability efforts in the Web3 space. Current methods for offsetting this impact often lack transparency and automation, hindering widespread adoption.
Solution
Menthol Protocol provides an omni-chain decentralized sustainability solution that automates the process of calculating and offsetting the environmental impact of user and dApp transactions. By integrating with verified renewable energy and carbon credits, the protocol enables users and developers to achieve climate-positive outcomes in a decentralized and automated manner. The platform offers a suite of tools, including CoolSave for no-loss sustainability through lending interest, CoolPool for community-funded carbon offsetting, and CoolScore for rating the sustainability performance of dApps and blockchain networks.
Target Audience
The primary target audience includes Web3 developers, DeFi platforms, NFT marketplaces, and individual users seeking to reduce their environmental impact and achieve climate-positive outcomes.
Features
- Omni-chain compatibility for integration across various blockchain networks
- Automated calculation and offsetting of on-chain emissions and energy consumption
- CoolSave: Utilizes interest from decentralized lending protocols to offset carbon footprint without upfront cost
- CoolPool: Enables users to contribute to crowd-funded pools for community sustainability initiatives
- CoolScore: Provides sustainability ratings for dApps and blockchain networks based on energy and emission indicators
- Cool List: A registry of tokenized green assets approved by Menthol DAO
- Cool Reserve: A reserve of discounted green assets for $COOL stakers
- Carbon Footprint Calculator: Tool to calculate the carbon footprint of blockchain operations