Quick refresher: how our zero-cost philanthropy model works

Here's what happens when you buy and hold Glo Dollars:

1. The fiat backing Glo Dollar is invested and earns revenue (similar to other stablecoins).
2. We donate 100% of our profits on these investments to public goods and charities.
3. Holding Glo Dollars, you're funding public goods and charities at no cost.

Learn more about how Glo Dollar works.

Holding Glo Dollars, you can fund Web3 public goods, combat climate change, fight extreme poverty, or fund a wider range of 50+ charities

Holding Glo Dollars, you decide which public goods and charities we’ll fund... 👇

The cause areas include:

• ^{Web3 public goods}. The profits earned through your Glo Dollar holdings will be donated to Giveth, Gitcoin, and Protocol Guild.
• ^{‍Fight extreme poverty}. The profits earned through your Glo Dollar holdings will be donated to GiveDirectly's basic income program. Each $40 donated lifts one person out of extreme poverty.
• ^{Help refugees}. The profits earned through your Glo Dollar holdings will be donated to The International Rescue Committee (IRC). The IRC helps people affected by humanitarian crises to survive, recover and rebuild their lives.
• ^{Combat climate change}. The profits earned through your Glo Dollar holdings will be donated to The Giving Green Fund. It's a simple way to support several high-impact climate action nonprofits, including Project Innerspace, Clean Air Task Force, and GFI.
• ^{Endaoment's Universal Impact pool}. The profits earned through your Glo Dollar holdings will be donated to Endaoment's Universal Impact Pool. You're automatically generating funds for the top 50+ most popular nonprofits on Endaoment.
• ^{Celo Public Goods}. The profits earned through your Glo Dollar holdings will be donated to Celo Public Goods, generating funds for teams and individuals who are building a digital regenerative economy leveraging the Celo blockchain.
• ^{Optimism Retro Funding}. The profits earned through your Glo Dollar holdings will be donated to Optimism Retro Funding.

All of our donations are made onchain and reported on our website.

How to select the public goods that matter to you

Using our app, you can choose which public goods and charities receive the profits generated with your Glo Dollar holdings. Here's how that works:

1. Go to app.glodollar.org and connect your wallet. With Metamask, WalletConnect, Freighter, or with your email or social accounts (through Sequence) you connect your wallet to our app.
2. You'll automatically see your Glo Dollar holdings and the expected funding generated with your Glo Dollars.
3. Click on the cause area shown next to the ⚙️ symbol, and choose your funding recipient.

You can change your selected funding recipients as often as you like.

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