With the GoodDollar Proof of Concept (POC) having demonstrated the protocol’s ability to sustainably mint cryptocurrency for all, the time is right

GoodDollar V2 Roadmap: The Impact Revolution is Coming To DeFi

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2021-08-02 16:30:01

With the GoodDollar Proof of Concept (POC) having demonstrated the protocol’s ability to sustainably mint cryptocurrency for all, the time is right to embark on the next crucial step in the project’s growth: the launch of GoodDollar V2.

Quick POC recap: $16,000 USD worth of G$ was minted based off of an original stake of $50,000. Over 220,000 members have been served up GoodDollars, spanning the globe from almost 200 countries.

V2 is the next evolution of GoodDollar—simpler, cleaner, and equipped with a raft of new and enhanced capabilities key to the protocol delivering on its mission for a scalable universal basic income system. With this release, we open staking and rewards via the GoodDollar Trust (the set of staking contracts that fund GoodDollar’s model) to anyone who wants to support the GoodDollar mission. And because of GoodDollar’s ability to “wrap” around popular staking protocols such as Compound and more, now supporters can “Stake for Good ” via a range of protocols, and earn returns while helping generate more G$ for all. 

The launch of V2 will include upgrades to the smart contracts that drive the protocol, launch of the GoodDollar Protocol dapp, stability enhancements to the GoodDollar wallet dapp. Most significantly of all, the launch of V2 introduces the decentralized governance model, which will place all future upgrades in the hands of the community. 

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