Supported Cryptocurrencies

Overview

Give Protocol v1 launch works with cryptocurrencies that meet community-established criteria for security, liquidity, and utility. This ensures charitable organizations can reliably receive and utilize donations while protecting all stakeholders from unnecessary risks.

Governance Framework

Current Implementation

During our initial phase, the Give Protocol core team maintains the supported token list based on the criteria outlined below. All decisions are made transparently with documented rationale.

Future Governance

As Give Protocol matures, token additions and removals will transition to community governance through:

Proposal submission: Any community member can propose new tokens that meet minimum criteria
Technical review: Automated verification of objective metrics (liquidity, security, etc.)
Community discussion: Public forum for stakeholder input
Voting period: Multi-stakeholder voting including donors, verified charities, and protocol contributors
Implementation: Successful proposals automatically trigger technical integration

Minimum Criteria for Token Support

All tokens must meet these objective, verifiable criteria to be eligible for community consideration:

1. Liquidity Requirements

24-hour trading volume: Minimum $10 million USD across verified exchanges
Active trading pairs: Direct fiat (USD/EUR) or major stablecoin pairs required
Market depth: Must handle $50,000 conversions with <2% slippage
Exchange availability: Listed on 3+ reputable exchanges with charity-friendly policies

Rationale: Ensures charities can convert donations without significant loss or delay

2. Technical Standards

Moonbeam compatibility: Full ERC-20 standard or native token support
Security history: No known vulnerabilities or history of exploits in token contracts

Rationale: Protects donation integrity and ensures smooth platform operations

3. Accessibility Metrics

Off-ramp availability: Documented paths to USD/EUR via compliant providers
Wallet support: Integration with MetaMask and/or Polkadot.js
Regulatory status: No active enforcement actions in G20 jurisdictions

Rationale: Ensures charities can actually access and use donated funds

4. Risk Parameters

Volatility limits:

Stablecoins: <2% deviation from peg (95% of time)
Native tokens: <50% 30-day volatility

Audit requirements: Published security audits (stablecoins need reserve attestations)

Concentration limits: No single holder controls >30% of supply

Age requirement: 12+ months since token launch

Rationale: Protects charities from extreme volatility and technical risks

Currently Supported Cryptocurrencies

The following tokens have been verified to meet all criteria and are actively supported:

GLMR (Glimmer)

Classification: Platform native token

Charity benefits: Lowest transaction costs on Moonbeam, direct ecosystem support
Donor benefits: Native integration, no bridge risks

DOT (Polkadot)

Classification: Ecosystem native token

Charity benefits: Deep liquidity, institutional-grade infrastructure
Donor benefits: Wide exchange support, proven security

USDC (USD Coin)

Classification: Regulated stablecoin

Key metrics: <0.5% deviation from peg, Circle attestations
Charity benefits: Direct USD redemption, regulatory clarity
Donor benefits: No volatility risk, wide acceptance

Governance note: Meets all stability criteria with significant margin

USDT (Tether)

Classification: Stablecoin

Key metrics: Highest stablecoin liquidity globally
Charity benefits: Universal exchange support, global accessibility
Donor benefits: Minimal slippage on large donations