💰 Commons Funding Crisis

A new lending cycle has launched on Celo, connecting real-world credit with G$ UBI distribution. The system works through a self-reinforcing loop: - Real-world lending generates repayments - Repayments fund G$ UBI distribution - UBI creates more capital - More capital enables additional lending The initiative is live through a partnership between Celo, Quipu Latam, and Textile Protocol. Users can participate in the lending pool at [app.textilecredit.com](https://app.textilecredit.com/pool/0x78b8d4FFF956d605c562e46E036bfb8194E6fa7d/42220). This builds on GoodDollar's existing ecosystem of 250k+ users, where previous initiatives have included quadratic funding pools, mobile money on-ramps, reforestation verification, and food rescue programs—all integrated with G$ payments and UBI distribution.

**GoodDollar launches action phase** of its governance redesign initiative, inviting community participation to shape a fairer decision-making system. **Key developments:** - Transition from planning to implementation stage - Open community contribution through dedicated forum - Focus on creating more equitable governance structure **Background context:** - Process began with core mission and vision discussions - Part of broader governance overhaul for the UBI protocol - 900k+ users and $600k+ in G$ tokens distributed since launch **How to participate:** - Join discussions at [GoodDollar forum](https://discourse.gooddollar.org/tag/cogov) - Contribute ideas for governance improvements - Help design fairer community decision-making processes The initiative represents a significant step toward **community-led governance** for one of Web3's largest Universal Basic Income projects.

**GoodDollar has launched its G$ cryptocurrency UBI on XDC Network**, marking the protocol's first multi-chain expansion. **Current Features Available:** - Daily G$ token claims on XDC via [GoodWallet](http://goodwallet.xyz) and [GoodDApp](http://gooddapp.org) - Cross-chain G$ bridging capabilities - USDC/G$ liquidity pool on XSPSwap **Key Benefits:** - **Lower fees** and faster transactions through XDC - Increased protocol resilience across multiple chains - Enhanced accessibility for global users **Coming Soon:** A dedicated GoodDollar Reserve on XDC will enable: - Native G$ minting and burning - Sustainable funding mechanisms - Full multi-chain protocol architecture The expansion builds on XDC Network's $900K grant to advance financial inclusion. Users can start claiming daily G$ tokens immediately. [Learn more about the XDC integration](https://ubi.gd/gooddollar-xdc)

**GoodDollar has launched a $4,000 USD pool** on Gardens Fund to reward open-source contributions to their ecosystem. **Who can participate:** - Contributors: developers, designers, builders proposing work - Governance Committee: reviews proposals and guides funding **Funded work includes:** - Third-party integrations (WalletConnect, bridges) - Core protocol improvements - SDK and dApp enhancements - Bug fixes and new features - Ecosystem tools and documentation **How it works:** 1. Post proposal on [GoodDollar Discourse](http://ubi.gd/devdiscourse) 2. Align with ecosystem goals 3. Deliver your PR 4. Request G$ payment through Gardens **Key features:** - Community-governed and transparent - On-chain payments - Open to any builder - Self-managed funding decisions This represents a shift toward **decentralized development** where the community leads GoodDollar's growth. [Join the pool](https://ubi.gd/gardenspool) to start contributing.