GoodUpdate — February 2024
Welcome to the GoodUpdate, your monthly update on the latest happenings in the GoodDollar ecosystem.
Key Takeaways:
- GoodDollar surpassed 700,000 members! 🥳
- Join the GoodDAO Protocol and Liquidity working group in developing viable pathways to enhance G$ liquidity and redeploy the GoodDollar protocol! Sign up here to participate. The group will kick off on March 7th!
- GoodDollar is participating in Glo Dollar’s quadratic funding round, which ends March 13th. All funds will go towards the USDGLO<>G$ liquidity pool on Celo (toggle to the Celo network to see the correct liquidity pool). Donate today!
- GoodDollar was at ETHDenver! Executive Director, Anna Stone, took center stage at CarbonSmart 2024 alongside industry leaders from Mento Labs, Flowcarbon, M⁰ Labs, and Reserve.
- Invite friends and earn rewards! Invite your friends to join GoodDollar, and as a token of appreciation, you’ll receive 1000 G$ for each friend who comes on board. Plus, your friend will get a welcome bonus of 500 G$ for joining!
What’s on the Horizon
There’s so much to look forward to! Here are some things that we’re excited about for this month and beyond.
1. GoodDollar is LIVE on Glo Dollar’s QF Round
GoodDollar is thrilled to announce its participation in Glo Dollar’s quadratic funding round, which is currently underway and will be concluding on March 13th.
In an effort to reestablish the USDGLO <> G$ liquidity pool on Celo (toggle to the Celo network to see the correct liquidity pool), all funds raised during this quadratic funding round will be dedicated to this purpose.
📢 Contributions of all kinds matter! Spread the word and donate today!
2. GoodDAO Protocol and Liquidity Working Group
The GoodDAO Protocol and Liquidity working group is calling for proactive members and experts to help enhance G$ liquidity and revitalize the GoodDollar protocol.
Take advantage of this opportunity for hands-on DeFi learning and explore tokenomics principles like supply mechanisms, utility, and governance roles.
Join us starting March 7th in building a stronger GoodDollar ecosystem. The working group begins March 7th!
✅ Sign up to participate in the GoodDAO Working Group
3. Recap of Community Feedback for the Protocol Redeployment Proposal Review
We’re thrilled to see the community turn out with enthusiastic and valuable feedback regarding the Protocol Redeployment Proposal.
Your insights highlight several key areas for improvement such as, the importance of G$ stability, the need for enhanced liquidity through a new working group, the benefits of a multichain reserve for smoother interactions, and the crucial role of GoodDAO activation in shaping our future.
Recognizing the critical impact of the community’s input on the protocol’s direction, we’re eager to assemble a more hands-on involvement in its redeployment. Join the Protocol and Liquidity Working Group starting March 7th to contribute to the protocol’s future.
💬 Join the conversation, and let’s work together to make GoodDollar better for all!
Ecosystem Stats
There’s always something happening in the GoodDollar ecosystem. Explore a roundup of our major wins from last month.
As we close another month, the GoodDollar ecosystem continues to showcase significant growth and global reach. Here’s a look at the latest numbers.
- GoodDollar’s UBI distribution has crossed an impressive milestone, reaching over 3.3 billion G$
- The past 30 days welcomed +12,923 new claimers, pushing our total to 710,500 unique individuals who’ve benefited from the GoodDollar UBI.
- Engagement remains strong, with 100k monthly active users exploring and utilizing our ecosystem.
- Our global footprint has expanded into 14,806 cities, highlighting the widespread appeal and accessibility of GoodDollar.
- Peer-to-peer transactions have seen a healthy volume of 37,601 transactions over the last month, showcasing the vibrant activity within the GoodDollar community.
📈 View GoodDollar’s Live Dashboard
Community Updates
There’s always something happening in the GoodDollar ecosystem. Explore a roundup of our community’s major wins from this past month.
GoodDollar Brazil’s Good Folio Carnival 2024
In the spirit of celebration, GoodDollar Brazil proudly sponsored the 2024 Good Folio Carnival, offering a grand prize of 500,000 G$! This generous reward was shared between two lucky contestants!
Get Involved
Feeling inspired by the GoodUpdate and eager to get involved? You can start right now!
- Claim G$ 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 February GoodUpdate!
