$HALO: The Charitable Token — part 1

Imagine you wanted to design a crypto-token with huge fundamental value not only for token holders, but for the entire crypto ecosystem.

Here’s what you’d need that token to have:

✦ Access to recurring, predictable cash flows with the potential for massive increases via access to a trillion-dollar market

• In other words: value based on growth in new users (driven by narrative) and robust future cash flows (driven by programmatic growth)

✦ Supported by a large and growing community of passionate believers

✦ Cross-chain exposure that taps into the blossoming growth of cryptocurrency as both an asset class and a means of value transmission

✦ Easy to use, via crystal-clear options to acquire, stake and swap the token, and to generate yield

✦ Full transparency from a well-respected, deeply experienced team that enjoys goodwill across the Terra ecosystem and among charities and nonprofits

✦ Strong incentives against token dumping to preserve token price stability

✦ A native stablecoin to enable deep liquidity, underpinned by fast, frictionless, low-fee transactions. Bonus points if that stablecoin were decentralized and thus resistant to the regulatory risks that plague other widely used stablecoins, e.g. USDT, USDC and DAI

✦ Powerful protection against downside risk. i.e. you’d want to provide mechanisms to ensure your token’s underlying price floor

Lastly, you’d hope for a compelling growth narrative. Put simply: you’d want a project that can change the world.

$HALO is that token: the “Charitable Giving Token” that rewards charitable givers and charities themselves with stable, protected yield and the potential for massive upside.

This is a bold promise. The following series of four articles show how Angel Protocol is already fulfilling it and outlines what $HALO holders can expect in the coming weeks, months and years: a future where giving and earning are two sides of one token.

Alone, we are one drop. Together, we are an ocean.

Let’s dig in.

Follow us on medium to be informed as soon as the next articles are published, or keep an eye on the usual social media. In article 2, we describe how $HALO works.