15% of SALAD rewards donated to projects and organizations.
You only need to stake with us. No extra fees. No hidden costs.
Make your stake count and add value to the Cardano ecosystem.
The vast majority of the Open Source ecosystem is comprised of lone core developers. Often living off of donations, tirelessly spending years of their lives, under-compensated, to maintain critical pieces of infrastructures and software that benefits us all 1. These projects often require great commitment, and have a very low budget as a consequence of erratic funding. While many companies and foundations may support Open Source nowadays, most organizations, projects, associations, and individuals, rely on donations to exist. For everyone's benefit.
The «Love Back» Initiative aims to support those projects with less resources, and those organizations that follow the same open source principles. We are by no means a company, let alone big and rich, but every little helps.
Although «Love Back» donations would only be a fraction of those that big companies can offer, we believe it can help both the purpose of supporting projects and the one of raising awareness. We want to make people aware of the scenario described in the opening paragraph. We want to make people aware of projects that are used by millions on a day to day basis, and also smaller ones. We also want it to work the other way around. We want to make the recipients aware of the Cardano ecosystem, ADA, and our beautiful community. It's a win-win situation.
How can you partake and make this all work, for the greater good.
Participating in The «Love Back» Initiative is as simple as staking with our pool. No extra fees on your rewards nor hidden costs. To help us reach our philanthropic goal, you only need to stake with SALAD. If you are feeling generous, we also accept donations to the dedicated «Love Back» wallet, with each cycle of the initiative.
Another component of the participation is voting, to select the donation recipient. The community chooses each recipient with a multi-option poll. Don't feel like voting? Stake, sit back, and let others vote the recipient of the current cycle. The level of involvement is totally up to you, as long as you stake with us to keep the initiative alive.
Voting is initially operated on Google Forms, and announced on Twitter. All polls history is available online for full transparency, on Google Docs under the Poll Link column associated with each cycle. The resulting donation recipient from each poll, or the fallback organization, are available in the adjacent columns to the Poll Link.
In order for The «Love Back» Initiative to be successful, SALAD needs to stabilize at near-saturation staking, to maximize our initiative donations. Follow @insaladaPool on Twitter for updates and news about the initiative.
Secured with an hardware wallet. Transparent transactions.
The «Love Back» Initiative funds are secured with an hardware wallet, which only ever holds the initiative funds.
We rotate one wallet per project, with each cycle of the initiative. Rotating wallets facilitates keeping track of each project funds, and helps with historical and analytic needs. To said address, we move our 15% of each epochs rewards, according to schedule. Said address also accepts ADA donations, if you please. Show current addresses .
The only time funds move out, is when we pay them into the recipient project ADA wallet, according to schedule. The full history of each cycle donations, with all addresses and transactions, is available here, for anyone to check.
If you have any questions about The «Love Back» Initiative,
feel free to get in touch. We will get back to you shortly.