🔄 Real-World Lending Meets UBI
🔄 Real-World Lending Meets UBI
🔄 Lending Meets UBI
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.
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.
Capital that funds opportunity and opportunity that generates more capital Real-world lending → repayments → G$ → UBI → more capital → more lending. Now live on @CeloOrg 💙 with @quipulatam + @TextileProtocol Do good while doing good Grow the cycle 👇
Good Labs, the foundation behind @GoodDollarOrg just seeded $100K into @quipulatam 's lending pool on Textile. This is a new model for self-reinforcing financial inclusion. Good Labs provides the capital. Quipu lends it to micro-businesses in Colombia. Borrowers repay with
GoodDollar Governance Redesign Moves to Action Phase
**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.
💰 Commons Funding Crisis
**Why does funding public goods consistently fail?** GoodDollar's @HadarRot is hosting an open discussion exploring: - How current money systems work - What G$ could become for supporting commons - Building money that truly backs public goods **Session Details:** - Date: Tuesday 16th - Time: 4pm GMT - Format: Open discussion [RSVP here](https://luma.com/67vy4rv2) This follows previous workshops on programmable money designed for everyone, not just the few. The session aims to reimagine how digital currency can better serve collective needs. **Join the conversation** about creating sustainable funding mechanisms for public goods.
GoodDollar Launches Universal Basic Income Token on XDC Network
**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 Launches $4,000 Open-Source Contributors Pool on Gardens Fund
**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.