Staking for Charity
The EverGreenCoin ‘Dynamic Stake for Charity’ feature is one of EverGreenCoin’s greatest attributes. Dynamic Staking for Charity allows EverGreenCoin community members to give 1% to 100% of their 7% annual network reward installments to charities or other EverGreenCoin accounts. The 'Dynamic Stake for Charity' feature has many more applications than just for charity. Staking rewards / network rewards could also be used by businesses, crowdfunding, and even for college savings. Let’s explore some of the many possibilities.
Charities
When you find a charity of your liking that accepts EverGreenCoin; you are only a few clicks away from making a lasting impact. Simply by imputing the amount you would like to stake to your charity of choice and pressing enable; you can start staking almost immediately.
Charities could then stake the coins that are staked to them; allowing them to make an additional 7% network rewards on what has already been donated. Finally, charities can do more, with more.
With EverGreenCoin a public ledger is always available. Unlike corrupt charities that hide their funding, EverGreenCoin allows everyone to see what transactions have been made. The documentation of transactions aims to legitimize charities’ spending by, showing the contributor where the funds have been sent. No longer will you have to guess where the charities funds went, you can look for yourself. EverGreenCoin is an admirable and trustworthy transfer of wealth.
Savings
Savings for college, home improvement, and even for a trust just got easier with the EverGreenCoin ‘Stake for Charity’ feature. Simply stake whatever percentage helps reach your goals at the time you intend to reach them. A little bit is put away every time you make a stake at fractions so small, you won’t even notice.
You could, for example, stake your network rewards into your exchange account.
Crowdfunding
Staking for crowdfunding is already in operation and adopted by many EverGreenCoin community members. Crowdfunding on the EverGreenCoin website allows members to stake or make direct donations to crowdfunding projects. Community members can stake their network rewards back into EverGreenCoin crowdfunds. This doesn’t have to be used just on the EverGreenCoin website, anybody can crowdfund with EverGreenCoin. Get involved with some of the EverGreenCoin crowdfunds here.
In Business
What if you could stake your coins for that new television or stake to go on that long awaited cruise? With the EverGreenCoin ‘Stake for Charity’ feature you can make small payments that won’t hurt your financial wallet. Imagine getting a call for the business you stake to; telling you your purchase was ready. With staking you can make micro payments and put your goals on autopilot.
-Learn how EverGreenCoin can be used in Food Coops here.
-Learn how EverGreenCoin can be used in Community Gardens here.
Think about the lives that you will change just by occasionally running your EverGreenCoin software unlocked, synced with the network, and with any size balance. All while preserving, protecting, and nurturing our environment, that’s EverGreenCoin.