Great proposal @climateXcrypto - the team here at Glo Dollar is stoked to see two of our favorite initiatives come together like this!
Coincidentally Glo Dollar is about to become available on Celo, which got me thinking…: If we might be so bold, we’d like to propose that some (or all) of the 267k cEUR be disbursed in Glo Dollars. Glo Dollar is a fully-backed stablecoin pegged to the dollar that generates basic income payments for people in extreme poverty — so extremely concordant with Celo’s and ReFi DAO’s goals. Our thinking is that we can accomplish all the goals that John lays out here and simultaneously help lift people out of extreme poverty.
Huge fans of USDGLO and the work you guys are doing! I think this one needs to be denominated in CELO as that’s what’s available in the community fund at this stage, but as far as I understand you could always submit a separate proposal about diversifying the community fund to include USDGLO!
I’m new to the forum but everyone here has been super helpful and the cross-pollinations emerging are really encouraging.
Would be awesome to hav Glo Dollar at the Davos for ReFi! Will drop Jasper a message with the partnerships deck.
Hey Garm!
Happy to see Glo Dollar here adn many thaks fro the support!
I’ve been talking to Bram about a partnership between Glo and ReFi DAO - let’s see if we can make something happen in the next weeks
You’re absolutely right - I had missed the note by Juan on how there is only CELO in the community fund at the moment
Good note on submitting separate proposal(s) to diversify stablecoin holdings, we’ll get cracking on that as soon as we’re formally available on Celo Uniswap! In the mean time I’m very happy to see the proposal getting four yesses out of the gate, looking forward to it getting accepted
@ricaax I can’t wait for a Glo and ReFi DAO partnership to materialize - let me know if I can help somehow.
I have nothing, but great things to say about the ReFi DAO team They’re great connectors, people, and leaders in the space. IMO, there’s no better group to solve global coordination within ReFi and move the space forward as a whole.