Each and everyone has at least thought or wants to impact the world positively, though there are many things that frustrate us, we ultimately wish we can. We have concerns about the environment, climate, and the heat waves happening all over the world and you imagine if the blockchain transactions, tokens and coins you buy causes these. Well, we at Return protocol handle just that. Imagine impacting positively on your environment anytime you do a blockchain transaction?? And still earn money!! That is what Return does for you. Return Protocol is an environmentally offsetting process for on-chain wallets. It enables the mass adoption of climate finance in web3 to make blockchain transactions environmentally sustainable. For every transaction you do on blockchain Return protocol will offset (deducting some a percentage fee and giving to environmentally beneficial assets) which accelerates the process of a “greener cryptocurrency”.
Why is Return protocol important?
With the continuous growth of blockchain technology and its increase in popularity and use, then you think about the fact that the last decade was the hottest in 125,000 years and you wonder what can we do better? Our planet is on the “brink” of environmental crisis. Carbon dioxide is at its highest in 2 million years and they are all increasing drastically by human activities. Imagine the impact offsetting your blockchain transaction will have? You might be saving the world (add emoji) Transacting on blockchains can be energy-intensive but we are getting to the point In which we can’t deny the necessity and importance of blockchain technology, so as a result efficiencies develop, we need to enable environmental neutrality and the risk to our planet minimal whilst ensuring the sustainable continuance of blockchain tech. With the level of transparency web3 has, anybody can see a single transaction energy level, calculate its environmental impact and choose their tokenized offset based upon the actual environmental project it supports. Then purchase in accurate quantity themselves and ensure an offset is completed by burning it yourself. These are all very technical and stressful right?? All these are automated with Return Protocol.
Return Protocol has a lifetime funding of $12, 590 raised from all contributors
What problem does Return Protocol solve?
Offsetting on a chain is challenging. It lacks coherence. Those who make things simpler offer few options and choices. We automate, aggregate, and make it simple. By enabling on-chain wallets to transfer money to environmentally friendly projects in an easy, automated, and profitable manner, we hope to hasten the adoption of an environmentally friendly blockchain for everyone. enhancing the sustainability of on-chain transactions over off-chain ones.
How does Return work
Return offers an offsetting subscription which offers an automated subscription which allows accurate and passive on-chain environmental offsetting across every blockchain. All you have to do is;
Purchase the Return NFT as a lifetime wallet; you will then receive access to your return dashboard
Choose your offset; Plastic removal credits (PCR) or Base Carbon Tonne (BCT)
Choose the preferred type of project to fund within a specific offset
Choose a percentage for each transaction you would like to offset
Choose what happens to your offset; burn, stake, Hodl or Mint; this will be aided by real-time visualizations of yields and environmental impact within the Return dashboard. Although, with high yield staking options, burning needs to become a viable alternative. Hence, when a token is burned you are provided with an equal quantity of RTNb (RTN's burn verifying token). RTNb is a non-tradeable governance and utility token that provides the holder with additional community benefits.
Then, enjoy an environmentally offset wallet.
The Return NFT is your wallet offsetting guarantee and it is restricted to one per wallet. The Return NFT holders will also receive a small percentage of the return treasury in RTN tokens monthly. You save the planet and also earn money!!
What will make Return sustainable
With the last round of the Gitcoin grants and contributions and donations, Return has raised over $12,000 which will go into building and launching the protocol in the 3rd quarter of 2022. Return offers a generalized platform dedicated to Refi. Providing an integrated wallet, users can create an account and have access to Refi tokens, staking and swapping without manually creating a wallet. Also, offering the full environmental offsetting of an entire transaction, from the gas fee all the way to offsetting the purchased activity itself. And Allowing investment in the startup, paid back to users in on-chain environmental credits. Providing capital for startups and an opportunity for users to support the growth of climate tech and ReFi, alongside an increased ROI. And with a team whose advisors have a background in Tesla, Toucan Protocol and Klima DAO the sky is the limit.
With the use of Regenerative finance (REfi) in web3 beginning to blossom and Return enabling its mass adoption, the path to “greener Cryptocurrency” is clearer and easier. Web3 users and enthusiasts, blockchain users join in positively impact your environment and climate, and make the world a better place.
To learn more and contribute, see Return Protocol’s twitter -