Skip to content

Commit

Permalink
updating GIV token info
Browse files Browse the repository at this point in the history
added liquidity pools and gurves info with some other small adjustments
  • Loading branch information
WhyldWanderer committed Jul 11, 2024
1 parent 98268b9 commit 5e80fb2
Showing 1 changed file with 29 additions and 22 deletions.
51 changes: 29 additions & 22 deletions dapps/giveconomy.md
Original file line number Diff line number Diff line change
Expand Up @@ -6,18 +6,19 @@ slug: giveconomy/
import useBaseUrl from '@docusaurus/useBaseUrl';


Giveth is building a culture of giving that empowers and rewards those who give -- to projects, to society, and to the world. We aim to inspire our community to participate in an ecosystem of collective support, abundance and value-creation. **Welcome to the GIVeconomy.**
Giveth is building a culture of giving that empowers and rewards those who give -- to projects, to society, and to the world. We aim to inspire our community to participate in an ecosystem of collective support, abundance and value-creation.

**Welcome to the [GIVeconomy](https://medium.com/giveth/welcome-to-the-giveconomy-b3e372da63dd)!**

## About GIV

GIV is the governance token that fuels and directs the GIVeconomy. GIV holders are empowered to collectively coordinate around shared resources and fund initiatives that shape the Future of Giving.

At launch, our community can participate in the GIVeconomy in the following ways:
- From December 24, 2021 onward, eligible recipients can claim their [**GIVdrop**](./givdrop) on Gnosis Chain (formerly xDai Network).
- Donors to [verified projects](https://giveth.io/projects) on Giveth get rewards from [**GIVbacks**](./givbacks).
- Liquidity providers and stakers can earn rewards in the [**GIVfarm**](./givfarm).
Our community can participate in the GIVeconomy in the following ways:
- GIV stakers can earn rewards in the [**GIVfarm**](./givfarm).
- Donors to [verified projects](https://giveth.io/projects/all?filter=Verified) on Giveth get rewards from [**GIVbacks**](./givbacks).
- GIV holders can stake their GIV to get [**GIVpower!**](./givpower). With GIVpower they can boost projects they love to increase their rank as well as the percentage of GIVbacks rewarded to their donors.
- Anyone who claims GIV from their participation in the GIVeconomy gets a continuous flow of GIV from the [**GIVstream**](./givstream) until December 23, 2026.
- You can stake your GIV to get [**GIVpower**](./givpower) and boost projects you love, increase their rank and increasing the amount of GIVbacks given to their donors.

### Token Adresses

Expand All @@ -26,39 +27,45 @@ At launch, our community can participate in the GIVeconomy in the following ways
- Optimism: [`0x528CDc92eAB044E1E39FE43B9514bfdAB4412B98`](https://optimistic.etherscan.io/token/0x528cdc92eab044e1e39fe43b9514bfdab4412b98)
- Solana : [`3Xi3EhKjnKAk2KTChzybUSWcLW6eAgTHyotHH1U6sJE1`](https://solscan.io/token/3Xi3EhKjnKAk2KTChzybUSWcLW6eAgTHyotHH1U6sJE1)

### Distribution
### GIV Token Distribution

An amount of 1 billion GIV tokens were minted at the onset of the GIVeconomy. 100 million of the GIV tokens are liquid and available for use immediately, and the other 900 million have been allocated to the [GIVstream](./givstream) and are being released continuously throughout the entire "GIViverse" over a period of 5 years (until December 23, 2026). The distribution of the total supply of GIV throughout the GIViverse is outlined in the following graphic:

<img alt='givbacks round 8 sample' src={useBaseUrl('/img/content/giveconomy/giveconomyDistro.jpg')} />

The GIVeconomy has been built thanks to our dedicated community of Givers. Giveth has been growing since 2016 on a foundation of donations, time, skills, sweat, generosity & love! We are proud to launch an economy by and for the donors, with no money gleaned from presales or venture capitalists.

## The GIVeconomy Future
### DAO Owned Liquidity Pools

The launch of GIVeconomy with all the features described above is only the beginning - we are already crafting the next phase of the Future of Giving. We're developing systems that will completely change the way societies create and reward the creation of public goods.
These are liquidity pools that are supported by the Giveth DAO. Refer to this table to find GIV liquidity pools; it is organized by network, paired token, and size of the pool:

Keep reading to learn more about some of the raw, exciting and beautiful ideas that we intend to bring to fruition. If you want to have a hand in shaping the next generation of philanthropy, start to [explore GIVeconomy](https://giveth.io/) and [join our team](https://giveth.io/join)!
| Gnosis | [GNO](https://info.honeyswap.org/#/pair/0x5aa67e24ba8a3fbdc553e308d02377e03ce9e94f) | [FOX](https://info.honeyswap.org/#/pair/0x75594f01da2e4231e16e67f841c307c4df2313d1) | [WATER](https://info.honeyswap.org/#/pair/0xe96adbd48d57ef7a5ee8fa622c1cd7fc7731630e) | [WETH](https://www.sushi.com/pool/100%3A0x55ff0cef43f0df88226e9d87d09fa036017f5586) | [BRIGHT](https://info.honeyswap.org/#/pair/0x094cf5da3f313747f460f1e410e0daefcad6c0c8) | [HNY](https://info.honeyswap.org/#/pair/0x08ea9f608656a4a775ef73f5b187a2f1ae2ae10e) | [xDAI](https://info.honeyswap.org/#/pair/0xb7189a7ea38fa31210a79fe282aec5736ad5fa57) |
|:---|:---:|:---:|:---:|:---:|:---:|:---:|
| **Optimism** | [**OP**](https://velodrome.finance/deposit?token0=0x4200000000000000000000000000000000000042&token1=0x528CDc92eAB044E1E39FE43B9514bfdAB4412B98&type=-1) | [**DAI**](https://app.uniswap.org/explore/pools/optimism/0x969e1D236289742C9D36eA1c7124cdDb84397772) | [**TEC**](https://velodrome.finance/deposit?token0=0x528CDc92eAB044E1E39FE43B9514bfdAB4412B98&token1=0x8Fc7C1109c08904160d6AE36482B79814D45eB78&type=-1) | [**USDGLO**](https://app.uniswap.org/explore/pools/optimism/0x165E6DAD9772C8CB44015eDD5bd8b012A84bd276) | | | |
| **Mainnet** | [**ETH**](https://info.uniswap.org/#/pools/0xc763b6b3d0f75167db95daa6a0a0d75dd467c4e1) | [**MATIC**](https://app.uniswap.org/explore/pools/ethereum/0x46ad345fff4aec9990a4f20e829c50fbf291db0e) | | | | |
| **Solana** | [**SOL**](https://www.orca.so/liquidity?address=E7yVYRW2HZVXcreRE2asLs4HmtyviGbnnTXTarj7uDjc) | | | | | |

<img alt="GIVfi diagram" src={useBaseUrl('img/content/giveconomy/GIVfi.jpg')} />

### **GURVES**
Our biggest dream is to support for-good projects on Giveth to become their own microeconomies. The idea is when a donor gives to a verified project on Giveth, they get some GIV from the GIVbacks program. When this happens, some GIV is put into a [bonding curve](https://thegraph.academy/curators/introduction-to-bonding-curves/) that is uniquely generated for the project. The donor then receives freshly minted "project tokens" from the bonding curve. Projects are in effect being gifted their own token economy, opening up endless possibilities for incentives and system design!
## The GIVeconomy Future

The launch of the GIVeconomy with all the features described above is only the beginning - we are already crafting the next phase of the Future of Giving. We're developing systems that will completely change the way societies create and reward the creation of public goods.

Keep reading to learn more about the raw, exciting and beautiful ideas that we intend to bring to fruition. If you want to have a hand in shaping the next generation of philanthropy, start to [explore the GIVeconomy](https://giveth.io/giveconomy) and [join our community](https://giveth.io/join)!

<img alt="GIVfi diagram" src={useBaseUrl('img/content/giveconomy/GIVfi.jpg')} />

<details>
<summary><h3><i>*Interacting using the Torus Wallet</i></h3></summary>
<div><p>To interact with the <a href='https://giveth.io/giveconomy' target='_blank' rel='noreferrer noopener'>GIVeconomy</a> and other dApps using the Torus wallet, you will have to connect your wallet. To connect, click the “Connect Wallet” icon in the upper right corner of the site, then select Torus and verify. The Torus wallet allows users to sign in with accounts from many different web services, so be sure to sign in with the same account you used to set up the wallet.</p>
### Gurves

<img alt="Signing in with Torus on the GIVeconomy" width="50%" height="auto" class='center' src={useBaseUrl('img/content/giveconomyTorusConnect.png')} />
A major problem that exists within today’s society is that public goods creators rely on donations and, ultimately, sacrifice to get by. Unlike in the private goods sector, there are no market dynamics in the public goods sector to drive innovation and growth.

<p>If you are using the Brave browser, you will need to turn off Brave’s Shield feature. To do this, click the Brave logo to the right of the search bar, then toggle the Shield to off.</p>
The GIV token will introduce the power of open markets to the public goods sector through Gurves. Gurves will use [bonding curves](https://thegraph.academy/curators/introduction-to-bonding-curves/) to enable projects to launch their own GIV-backed microeconomies, connected to the real-world value they provide. Bonding curves are smart contracts that hold collateral and mint or burn tokens according to a mathematically determined price curve. This provides stability to the new project’s token economy and built-in liquidity.

<img alt="Turning shields off with Brave" class='center' width="35%" height="auto" src={useBaseUrl("img/content/giveconomyShieldsDown.png")} />
</div>
</details>
Gurves will allow projects to tokenize their impact and, thanks to the [augmented bonding curve](https://www.commonsstack.org/augmented-bonding-curve), will offer built-in revenue streams that thrive with speculation.

Gurves is our biggest dream and the central point of our [long-term roadmap](https://blog.giveth.io/evolving-nonprofits-into-regen-economies-f8282f97f8d3).

-----

Giveth's mission is to reward and empower those who give. [The GIVeconomy](https://giveth.io/) is a major milestone in the Future of Giving and is enabling our collective of projects, donors, builders, and community members to give in new ways that support projects, society & the world!
**Giveth's mission is to reward and empower those who give.**

[The GIVeconomy](https://giveth.io/giveconomy) is a major milestone in the Future of Giving and is enabling our collective of projects, donors, builders, and community members to give in new ways that support projects, society & the world!

0 comments on commit 5e80fb2

Please sign in to comment.