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Glo Dollar 2.0: the stablecoin that funds public goods. Learn more.

Using Glo Dollars, you fund what matters to you

As a Glo Dollar holder, you choose the cause your funds will support: fighting extreme poverty, combating climate change, or advancing Web3 public goods. Learn where the funds from your holdings are allocated.

by
Bram
Voets
May 27, 2024
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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 revenue earned through your Glo Dollar holdings will be donated to Giveth, Gitcoin, and Protocol Guild.
  • Fight extreme poverty. The revenue 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.
  • Combat climate change. The revenue 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 revenue 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.

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 revenue 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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In this program, GiveDirectly identifies impoverished African villages to give their citizens $30 per month, transferred via mobile money technology, for 3-5 years. For people living on less than $2/day this is a transformational amount.
Glo's economic model is to invest its reserve in short-term Treasury bills and give the proceeds away entirely to GiveDirectly.

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Articles
Fund what matters to you

Using Glo Dollars, you fund what matters to you

As a Glo Dollar holder, you choose the cause your funds will support: fighting extreme poverty, combating climate change, or advancing Web3 public goods. Learn where the funds from your holdings are allocated.

Everyone on this page is going to buy Glo at launch 👇

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 revenue earned through your Glo Dollar holdings will be donated to Giveth, Gitcoin, and Protocol Guild.
  • Fight extreme poverty. The revenue 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.
  • Combat climate change. The revenue 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 revenue 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.

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 revenue 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.

Alexander Drummond
Director of Partnerships
Deborah Lightfoot
Head of Finance & Reserves
Garm Lucassen
Co-founder & CTO
Jeffrey Milewski
Co-founder & CEO
Jasper Driessens
Co-founder & Head of marketing
Bram Voets
Growth
Alexander Drummond
Director of Partnerships
Deborah Lightfoot
Head of Finance & Reserves
Garm Lucassen
Co-founder & CTO
Jeffrey Milewski
Co-founder & CEO
Jasper Driessens
Co-founder & Head of marketing
Bram Voets
Growth

Worldwide   •   Full remote

Worldwide   •   Full remote

Worldwide   •   Full remote
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