[PRESS RELEASE – Tel Aviv, Israel, 22nd September 2021] eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of investors, announced today that it is reinforcing its commitment to opening the digital economy to the next billion global crypto users by this week by raising its stake in GoodDollar’s universal basic income (UBI) protocol from $58,000 to $1 million.
The additional capital will fund the expansion of GoodDollar, a protocol that works to further financial education and bridge the growing global wealth gap with a clever combination of smart contract mechanics, decentralized finance (DeFi), and a reserve-backed crypto token — the G$.
The GoodDollar system captures the interest generate ed by staking sponsors’ capital in DeFi protocols such as Aave and Compound and distributes that to a global community of members in the form of GoodDollar tokens. At the same time, GoodDollar fosters financial educa

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Źródło: https://cryptopotato.com/etoro-commits-1m-stake-to-gooddollar-universal-basic-income-project/