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Cryptoknowmics 2022-03-16 11:58:45

UkrainianPool Invites Crypto Investors to Stake their Funds for Donation

The world’s first ISPO-based charity crypto fundraising called UkrainianPool has invited crypto enthusiasts to stake their crypto funds to a pool in an effort to raise funds to support Ukrainians affected by the war. The #UkainianPool initiative is LIVE! Calling the international #cryptocommunity to unite their forces in response to the tragic events in #Ukraine🇺🇦 100% of fundraising proceeds go directly to the Ukrainian government. Join the fight for freedom now⤵https://t.co/4aaHsop3Lf pic.twitter.com/DXQo889cOI — Ukrainian Pool (@UkrainianPool) March 16, 2022 Backed by the Ukrainian and Lithuanian governments, the initiative has set an initial target of $10 million in funding for humanitarian efforts. The locked funds are linked to a specific stake pool. As soon as the pool is closed, the user gets a reward in the form of donated funds to Ukrainians. The funds are then transferred to the Ukrainian government’s official wallet every 5 days. Acta Finance Supports UkrainianPool The project operates with support from the Ministry of Digital Transformation of Ukraine and plans to pay out the accumulated rewards every five days post the 14-days maturity period. Acta Finance, a delegated staking pool on Cardano blockchain, has already contributed to the staking poola, according to an official announcement. Infact when checking the open-source protocol, there are two pool IDs each with a contribution of around $ 20,000 in ADA toke...

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