GoodUpdate — May 2024
Welcome to the GoodUpdate, your monthly update on the latest happenings in the GoodDollar ecosystem.
Key Takeaways:
- GoodDollar is the #1 recipient from the Celo Retroactive Public Goods Program (CeloRPG0)!
- Check out the Messari report, “State of Celo Q1 2024”, to see how GoodDollar contributed to 48.9% of Celo’s daily active addresses in Q1.
- Huge thanks to everyone who supported GoodCollective in Gitcoin 20! 130 donations that raised $734.44 and contributed to provide a total $10,000 USD matching funds.
- GoodDollar was at #CeloGather in Berlin! Executive Director Anna Stone participated in the Minipay Builder Ecosystem panel alongside founders from Impact Market, Silvi Protocol, and HaloFi!
- Curious about GoodDollar? Dive into our brand new official FAQ for all the answers you need! Complete with a troubleshooting section for any bumps along the way.
- RSVP to the Community Call on June 13 at 1pm UTC.
Highlights
There’s so much to look forward to! Here are some things that we’re excited about for this month and beyond.
- GoodDollar is the #1 recipient from the Celo Retroactive Public Goods Program! 💛
GoodDollar has been recognized as the #1 Public Good Project leading impactful change within the Celo Ecosystem. This recognition comes directly from Celo Community Stewards through the CeloRPG0 program.
Retroactive public goods funding (RetroPGF) is a decentralized mechanism that delivers crypto-incentives to public goods projects based on impact.
This initiative, CeloRPG0, is designed to distribute 250,000 CELO tokens to projects based on their substantial contributions, and GoodDollar has been granted the largest allocation: 10,000 CELO. These funds will be strategically deployed to nurture continued impact, growth, and development.
Contributions to GoodDollar to Celo ✨
Since expanding to Celo in March 2023, GoodDollar has become the most widely used project on the chain, driving 49% of daily active addresses on Celo Q1 2024 and engagement across the ecosystem.
GoodDollar is the most active protocol by users on Celo:
👥 +300,000 unique members onboarded to Celo from all over the world
💪100,000 monthly active users
🌱642,600 peer-to-peer transactions
The impact of GoodDollar on Celo extends through seamless integrations with pivotal projects in the ecosystem. Integrations such as Halofi to embrace the world of DeFi, facilitating easy G$ swaps for mobile minutes through Fonbnk, interact with DeFi protocols like Uniswap or Ubeswap. Notably, G$ claiming has been integrated into MiniPay and Valora, allowing users to effortlessly claim G$ within these applications. And that’s just the beginning!
🚀 Check out more growth stats in the Messari State of Celo Q3 2023, Q4 2023 and Q1 2024.
2. Gitcoin Grants 20 Recap 🌱
A huge thank you to everyone who supported GoodCollective during Gitcoin Grants GG20!
Grateful for the 130 donations that raised $734.44 and contributed to provide a total $10,000 USD matching funds.
The matching amount and contributions will be used to propel the development of GoodCollective, enhancing its climate impact and expanding segmented Universal Basic Income (UBI) capabilities.
💡 Check out the GG20 Climate Solution Round Results and Round Report Card.
Ecosystem Stats
There’s always something happening in the GoodDollar ecosystem. Explore a roundup of our major wins from last month.
As we close another month, the GoodDollar ecosystem continues to showcase significant growth and global reach. Here’s a look at the latest numbers.
Want to see this data in real-time? ⬇️
GoodDAO and Community Update
- The GoodDollar Community Moderation Team launched GoodDollar Crypto Academy! This groundbreaking initiative marks the beginning of an educational journey designed to empower the GoodDollar community with the essential knowledge and tools to thrive in the dynamic landscape of Web3!
Upcoming events
📅 There’s always something going on in the GoodDollar ecosystem! Add these upcoming events to your calendar.
- June 13h: Join us for our next Community Call!
🎟️ Reserve your spot for the community call! - July 8th–11th: Meet the team and community members at EthCC. Stay tuned for more details!
Get involved
Feeling inspired by the GoodUpdate and eager to get involved? You can start right now!
- Claim G$ 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
- Donate to a GoodDollar cause
- Join the conversation on Discord