Distribution of Charity Funds
Our system ensures transparency and accountability in the distribution of funds, while empowering the community to choose which initiative receives additional support
Last updated
Our system ensures transparency and accountability in the distribution of funds, while empowering the community to choose which initiative receives additional support
Last updated
Charity funds are split into three portions
Every single cent is a subject to be accountable.
70%
divided between all the Charity Initiatives in equal proportions. Before these funds sent to Charity Funds - they are accumulated in the Charity Temporary Wallet. All the payouts are made once every two weeks.
25%
held in the Charity Temporary Wallet and is a subject to vote. After the voting is over - this amount is sent to the winner of voting.
5%
held to Reserve Wallet. Here we accumulate funds for urgent situations such as natural disasters, immediate medical care, and all kinds of pressing issues. When there is no time to hesitate, the Reserve Wallet comes into play.