The eToro multi asset brokerage has opted to make use of decentralized finance (DeFi) technology for it’s newly-launched Universal Basic Income (UBI) distribution platform, going by the name of GoodDollar. This will allow the platform to hand out crypto-backed stablecoins free of charge. Providing Financial Services To The Unbanked
GoodDollar stands as a registered non-profit, and will allow anyone to receive its native stablecoin ($G). Anyone with a phone number can create a wallet, as well.
This distributed platform will be capable of using the yield farming protocol, having recently been popularized, in order to sustain deposits made on the […]
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