GIP: [GIP-25] Expansion of the GoodDollar Protocol to XDC Network Title: Expansion of the GoodDollar Protocol to XDC Network Author: Good Labs Foundation Status: Stage IV Track: Protocol TLDR:
The aim of this proposal is to expand the GoodDollar Protocol to the XDC Network, supported by a grant agreement with XDC Foundation and Good Labs Foundation.
The deployment includes:
Deploying the G$ token on XDC and mint natively on XDC Deploying a new GoodDollar Reserve on XDC, funded with $200k from the grant, to mint G$ natively on XDC Deploying bridge infrastructure to connect G$ between Ethereum, Celo, and XDC Activating UBI distribution and a gas faucet for verified users Governance model is not deployed to XDC at this moment Protocol Guardians authorized to manage Reserve parameters, collateral choice, and arbitrage dynamics between both Reserves for the health of the ecosystem and to avoid value extraction.
Full proposal on the link.