FreeDona
  • FreeDona Protocol
  • Introduction
    • What is FreeDona
    • Architecture
  • How it works
    • Ledger structure
    • Main functions
    • Fund controller
      • Authority management
      • Fund transfer control
      • Access to supported assets
    • Yield distribution
  • Security
    • Funds security
    • Codes security
    • Test plan
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  1. Introduction

What is FreeDona

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Last updated 3 years ago

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After users deposits the principal to FreeDona protocol, FreeDona will act as a fund manager to deposit the user's principal in batches into mainstream DeFi projects (such as Compound, Aave, etc.) to generate yields.‌

These revenues will continue to accumulate over time and become the source of the fund for donations. To boost the Ethereum developer ecosystem, FreeDona will withdraw and donate the yields to the designated Ethereum project in accordance with the EF or the results of community voting in future.

Figure 1