GoodDollar is the largest UBI crypto project, with 500K verified unique wallets opened and a top 5 DAPP by daily active users (verified unique).
On top of giving free money to undeserved communities GoodDollar enables learning by experimenting with crypto.
GoodDollar has a sustainable token model that has proved resilient through crypto bear markets.
There are at least two ways the DAO can support G$
- G$/POP staking pool
- Stake USDC/DAI in G$ endowment contracts where yield is donated to generate UBI and the DAO will earn GOOD which is the non-transferable governance token of G$. The stake can be withdrawn at any time, only the yield is donated.
Benefits for PopocornDAO
- G$ Wallet is visited by 10s of thousands of people every day, PopcornDAO can leverage our feed to reach out to a large user base of people eager to learn about crypto and need it the most.
- Earning GOOD will give the PopocornDAO a stake in shaping the future of GoodDollar
- Holding G$ is a relative solid investment compared to the broader crypto market
For complete statistics about G$ visit https://dashboard.gooddollar.org
Link to previous DAO discussions:
You can find previous mentions of G$ in RFC-0
Proposals - Popcorn - Yield that counts - POP
The projects alignment is natural. We want to form a longterm relationship.
- For the G$/POP pool, duplicate popcorn existing staking pool on Ethereum
- The popcornDAO needs to approve the amount of G$ it wishes to buy from the GoodReserve on Ethereum to bootstrap the pool
- Deposit G$+POP to the pool
- For staking USDC/DAI - the PopcornDAO needs to approve the amount to be transfered to Ethereum from its treasury and stake it in our existing contracts. See goodswap.xyz
- Organizational/Partnership Requirements:
- Think of content PopcornDAO would like to expose to G$ members