Glo Dollar
A fiat-backed stablecoin designed to combat poverty by donating its income from reserves to GiveDirectly, aiming to provide basic income through circulation growth.User Review
AI Review
A1
Reviewed on 14 Feb 2024 03:29 PM
The grant must be an open-source project with meaningful Github activity in the prior 3 months that has demonstrated work completed towards the project’s mission
The Glo Dollar project has a significant number of commits on its repositories over the past 3 months (30 commits for user 'gglucass' and 30 for the 'glo-wallet' project), evidencing active development and progress towards the project's goals.
The grant must be focused on developing on top of or advancing the broader Ethereum and/or Web3 industry.
Glo Dollar is a stablecoin issued on Ethereum and available on platforms like Uniswap, also supporting other Web3 ecosystems like Polygon and Celo. This aligns with the Ethereum and Web3 industry advancement.