Introducing My DEFI Pie Eco Index & Eco Direct: A partnership between Offsetra & Confluence Analytics

Investing is always a game of risk mitigation and patience, and through My DEFI Pie, Confluence Analytics have created a way to generate returns and use the power of compounding to put a dent in long-term risks to both investments and the climate.

My DeFi Pie — Eco Direct gives users direct exposure to crypto assets, with a cash component generating passive income for the carbon reduction and abatement projects, managed by Offsetra

My DeFi Pie — Eco Index gives users the same benefits as above, plus exposure to a community-curated DeFi “fund of funds”

Software and the power of markets have already created the most efficient investment pools for investors to have exposure to high-growth assets in cryptocurrency today (and soon to include assets from traditional finance…); we will build off the base of my DEFI Pie, and hope it will be a signpost for other triple bottom line investment vehicles.

Thanks to the release of these two sustainability products, Environment and Social Governance (ESG) investing essentially has a convenient and first-of-a-kind avenue for impact by leveraging the opportunities from Decentralised Finance (DeFi) and coupling them with climate finance markets.

They provide the opportunity for growth through full participation in the DeFi movement, with a portion of passive income being directed towards future-proofing climate solutions through the projects that Offsetra support.

How it works: my DeFi Pie (Eco) — Index

Offsetra’s current portfolio consists of forest protection projects in Brazil and Belize, and the deployment of wind power in Honduras. Offsetra publically retire carbon credits from these projects on the Verra Registry to demonstrate the ESG impact of the investments. The impact is quantified in tonnes of CO2 reduced or avoided, and the projects also deliver a range of co-benefits, both social and economic, for the communities where they are located.

The remaining 60% of the funds are in the Balanced Crypto Pie (BCP) token, consisting mainly of wrapped Bitcoin and Ethereum, with additional investments into time-tested large and small-cap DeFi tokens.

My DeFi Pie — Eco Index

My DeFi Pie makes it easy for individuals to diversify across the DeFi space and concurrently support impactful sustainability projects across the globe.

The Future of ESG Investing?

My DeFi Pie is a brilliant example of how we can shift our financial products to not only gain exposure from some of the most innovative assets on the market, but also to use growth to begin accounting for the externalities that are not currently priced in to our financial system.

For blockchain tech, this is critical especially when considering the current environmental impacts of Bitcoin and the Ethereum network. For example, a single Ethereum transfer emits roughly 17kg of CO2. More complex transactions involving lending or borrowing funds can produce upwards of 50–100kg of CO2. Over time, these things can add up and represent a large portion of a person’s environmental impact.

Check out Offsetra’s Carbon.FYI tool to calculate the emissions associated with your own Ethereum wallet (beware, it may not be a pretty site if you’re an active user or trader of Ether).


Confluence Analyics

Get in touch to discuss:

Offsetra are working to raise awareness and increase transparency for carbon offsetting. UK-based start-up with members in the US and Germany.