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Angel Protocol

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Terra

Angel Protocol

Give once, give forever.

Ian
Dec 28, 2021
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Angel Protocol

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Angel Banner

What is Angel Protocol?

Angel Protocol is the world's first Decentralized Autonomous Non-Profit Organization (DANO) that aims to disrupt the charity model.

What's wrong with the way charity is being done you ask?

There's nothing wrong with charity per se, but being a nonprofit means that there is an inherent reliance on a constant stream of donations to survive.

As it is, 30% of nonprofits in the US face liquidity issues and 50% have less than one month of operating reserves.

1


What is Angel Protocol doing to solve this?

Angel Protocol provides a decentralized donation platform that conveniently connects donors to partnered charities.

They’ve constructed a perpetual endowment framework that taps into DeFi products like Anchor & ApolloDAO.

This provides nonprofits with a constant stream of income, without needing to even touch the principal amount in their endowment!

"Give once, give forever"

How does this work?

Angel Protocol’s litepaper explains it best:

Donors can also qualify for tax relief via the tax receipts they get from charities if they opt in to a light KYC.


Governance

Without going into too much detail, there's two levels of governance.

  1. Charity Level Governance

  2. Protocol Level Governance

1. Charity Level Governance

Charity Supporters stake $HALO with their chosen charity in return for Charity Shares, allowing them to oversee charity-level governance.

For example, the Charity DAO can vote on proposals like emergency unlocking of funds, transfer of beneficiary, dissolution, etc

Source: @Delphi_Digital


2. Protocol Level Governance

$HALO stakers are also responsible for overall governance of the Angel DANO

$HALO stakers vote on proposals like treasury spending, development, committee appointments, etc

Source: @Delphi_Digital


In order to incentivize $HALO holders, yield from each charity's endowment is distributed back to both the stakeholders and the charity.

Source: @Delphi_Digital


If you'd like to take a deeper look into the $HALO token design, do check out the full paper below.

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Partnerships

Twitter avatar for @angelprotocol
Angel Protocol 😇 @angelprotocol
Meet the Angel Alliance ❤️‍🔥🤝😇 Over 60 members of Protocols, Validators, and NFT Collections committing at least 1% of their revenues to Angel's charitable endowments.
Image
Twitter avatar for @angelprotocol
Angel Protocol 😇 @angelprotocol
When Angel started, we wanted to make sure any & all projects could utilize our Charitable Endowment infrastructure as their own. We are BEYOND thankful for all the Protocols, Validators, and NFT Collections who joined in generative giving while creating value for all! Long🧵⬇️
9:57 PM ∙ Nov 25, 2021
121Likes35Retweets

Angel Protocol is powered by not just the community, but by partnerships with protocols, validators, and NFTs.

Twitter avatar for @angelprotocol
Angel Protocol 😇 @angelprotocol
1/ Angel Protocol x OlympusDAO (😇,😇) @OlympusDAO is releasing Olympus Give, allowing $OHM yield to be redirected for good. @angelprotocol is proud to be in the 1st cohort of trusted partners! #LUNAtics🤝#OHMies stronger together. Welcome to the @AngelAlliance_ Ohmies! 🧵👇
Image
4:00 AM ∙ Dec 22, 2021
104Likes16Retweets

So how can you contribute?

When Angel Protocol’s V1 goes live in Jan 2022, you'll be able to donate to charities' endowments, stake $HALO, and participate in the Angel DANO.

Besides that, the Restore Earth campaign is currently ongoing til the end of the year.

In collaboration with Galactic Punks, donors are entitled to receive a Galactic Angel which will play a role in the GP metaverse!

Find out more:

Twitter avatar for @angelprotocol
Angel Protocol 😇 @angelprotocol
It's not too late to SAVE THE PLANET . Give through Dec to the Restore Earth campaign. loom.ly/0KfopkQ Donate $BTC, $ETH, $LUNA, or $UST ✦ Avoid capital gains ✦ Enjoy a tax write off ✦ Receive Galactic Angels from the @galactic_punks
Image
6:26 PM ∙ Dec 5, 2021
16Likes3Retweets

You can get $HALO from:

- https://dex.loop.markets/swap#Swap

- https://coinhall.org/charts/terra/terra1yjg0tuhc6kzwz9jl8yqgxnf2ctwlfumnvscupp

At time of writing, DO NOT get $HALO from Terraswap, as the liquidity is on Loop.

Terraswap and Astroport pools will come in the future!

Note that $HALO was launched using the LBP method, this this evident from their price chart.

Hope you learnt more about Angel Protocol and are now inspired to "win and help win"!


Here's a brilliant 1m30s overview of $HALO:

A great recap of Angel Protocol & $HALO:

Twitter avatar for @chauncey_stjohn
Chauncey St. John 🌖😇 $UST @chauncey_stjohn
1/ Whenever I talk about @angelprotocol these days I find it difficult to cover all the highlights. So for myself and all you #LUNAtics out there, I’m consolidating in this thread some fun facts about @angelprotocol & $HALO you may have missed. Strap in, gonna need 2 🧵🧵
Ready Good GIF
3:28 PM ∙ Dec 21, 2021
162Likes70Retweets

Disclaimer:

Nothing in this thread is to be taken as financial advice.

I am not working with or related to @angelprotocol, but I am personally invested in $HALO at time of writing.


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Angel Protocol Official Links

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Share your thoughts and opinions on the topics covered within this blog in the comments below for your chance to win yourself an NFT. Click here for more information on our engagement rewards.

Discord | Twitter | Youtube

1

https://www.oliverwyman.com/content/dam/oliver-wyman/v2/publications/2018/January/FinancialHealthofUS%20Nonprofit%20Sector.pdf

2

https://members.delphidigital.io/reports/angel-protocol-token-design/

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Angel Protocol

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8 Comments
Cryptobricks
Dec 28, 2021·edited Dec 28, 2021Liked by Ian

I love the concept soi donated an eth to see if im wrong. Kept the tax receipt & terra NFT. (nice touch) But do i see a reality where this can go on forever, most likely not. Have i seen many many projects surrounding hold and earn to collapse liquidity... AMAs forced to inject liquidity then ect problem bieng is its all borrowed assests... Love this project to prove me wrong or hear others views about it..!

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Dreamer
Writes Dreamer’s Newsletter
Dec 28, 2021Liked by Ian

Nice project, need to follow, thank you for your introduction.

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