Protocol V2
An introduction to the key components and users in the GoodDollar protocol.
GoodDollarV2 is a smart contract upgrade that enables core functions for the GoodDollar protocol to scale.
- GoodDollar leverages yield farming and liquidity mining rewards to encourage capital to flow towards the protocol, enabling the sustainable generation of UBI.
- V2 is a smart contract upgrade to expand functionality and open-source launch of a protocol user interface, deployed by community members.
- V2 enables members to stake in Compound or Aave and earn #GoodRewards while at the same time funding #CryptoUBI for all.
- Now, members can buy and sell G$ directly in the GoodDollar Reserve, a key feature that enables the economy to scale.
- V2 introduces a new governance model with the launch of the community-owned GoodDAO, which will determine the protocol’s future direction.
V1 (POC) vs. V2
- Get benefits from the Liquidity Rewards Scheme
- Earn G$X by buying G$ from the reserve, a token that enables users to sell to the GoodReserve without penalty.
- Community governance for all smart contract upgrades
- Integrate Your Protocol with GoodDollar and assign G$ rewards
- Integrate your Protocol with GoodDollar (coming soon!)
Last modified 1yr ago