GoodUpdate — April 2024
Welcome to the GoodUpdate, your monthly update on the latest happenings in the GoodDollar ecosystem.
Key Takeaways:
- GoodDollar is part of the Gitcoin 20 Climate Solutions Round! Raising funds to support the further development of the GoodCollective dApp. Today is the last day to contribute! Make sure to support before the round closes May 7th at 11.59pm UTC!
- Have you ever wondered how many G$ are in circulation and how many G$ have been minted or allocated anywhere? 36.6% of the total circulating supply of G$ is in the hands of UBI members! Check out the new G$ token supply board.
- The GoodDAO has elected a new group of Community moderators. Get to know them and what initiates are they championing.
Highlights
There’s so much to look forward to! Here are some things that we’re excited about for this month and beyond.
🌍 GG20 is here! Support GoodCollective in the Climate Solutions round
GoodDollar is excited to be part of the Gitcoin GG20 Climate Solutions round. This season will be focused on raising funds to propel the development of the GoodCollective dApp, which will facilitate direct payments to stewards for their verified climate-positive contributions. With $300k available in matching pools, every dollar donated makes a difference.
🌱 Why Your Contribution Matters
By supporting GoodDollar in GG20, you enable GoodCollective to become permissionless and accessible to any climate community project worldwide. Initiatives such as DeTrash and Neduc in Brazil, focusing on recycling, and Silvi Protocol in Kenya, dedicated to reforestation, are live examples of the types of projects that launched on the GoodCollective dApp.
Your support will help these initiatives expand to more communities, enabling local stewards to be compensated for making positive steps towards perservation of natural resources.
✨ Double the Impact with Quadratic Funding
Remember, thanks to Quadratic Funding (QF), even the smallest donations can unlock more funds. To participate and ensure donations are amplified, verify the activity of your Ethereum wallet on the Gitcoin passport. Unlike previous rounds, GG20 is hosted on Arbitrum, so make sure to bridge your ETH/USDC or get ARB ready for donation action.
🎯 Support the mission by spreading the word to your community and donating.
💛New Dashboard: G$ circulating supply
There are more than 8B G$ in circulation! All G$ tokens have been issued through the Reserve, triggered by new deposits. This supports various ecosystem benefits, including direct UBI distribution, funding for liquidity, incentives, community projects, and more.
🤝 36.6%, is in the hands of UBI members thanks to direct daily distribution (The largest portion of G$ circulation to date!)
💙 22.91% in Sponsor holdings
👋 20.87 in supporters holding more than 1M G$
👥 10.03% in the DAO Treasury
🌟9.29% in Core Protocol Contracts
🦾0.28% in Ecosystem contracts
Every G$ contributes to the ecosystem’s strength. Simply by holding onto G$ instead of cashing out, you’re actively supporting the protocol’s resilience
Explore further insights in the new dashboard by selecting the distribution tab.
💛 GoodDollar is taking part in the Celo RPGF
Excited to share that GoodDollar has been approved to take part of CeloRPGF0, a gran program dedicated to supporting Celo ecosystem projects. This program will distribute 250,000 CELO to projects based on their past contributions.
Since expanding to Celo in March 2023, GoodDollar has become the most widely used project on the chain, onboarded 312,000 new users and maintaining an 50,000 daily users! Learn more about GoodDollar contributions to Celo.
Celo’s key Community stewards will be voting to allocate the funds, with results announced during Celo Gather on May 24 in Berlin. Stay turned!
🗳️ What’s New in the DAO?
Exciting times ahead at the DAO! Following the latest election, the GoodDollar community welcomed new members to its community moderation team. This new moderation team will have the community’s best interest at heart, working to ensure the community remains a safe, constructive space for everyone to contribute and share ideas.
👉 Meet the GIMT Team and their work plan
👉 Reflect on the recent GoodDAO election and its outcomes
Ecosystem Stats
There’s always something happening in the GoodDollar ecosystem. Explore a roundup of our major wins from last month.
The GoodDollar ecosystem saw major growth and activity this past month. Here’s a look at the latest numbers.
Want to see this data in real time? ⬇️
Get Involved
Feeling inspired and eager to get involved? You can get started right now.
- Claim G$ daily with the GoodDapp or GoodWallet
- Use G$ to claim your soulbound .celo domain
- Support G$ and DeFi by providing liquidity to Uniswap’s G$/cUSD and CELO/G$ liquidity pool
- Support the protocol by adding to the GoodReserve via swapping or staking
- Donate to a GoodDollar cause
- Join the conversation on Discord
Thanks for reading the April GoodUpdate!
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