GoodDollar is a social-impact protocol that harnesses decentralized finance to create a global Universal Basic Income (UBI) through its native cryptocurrency, G$. The initiative aims to provide individuals with the opportunity to learn about and utilize digital currency, ensuring wealth distribution while offering returns for social investors. The G$ token operates on a reserve-backed model, utilizing a pricing mechanism based on the AMM Bancor Formula. This approach determines the token's value according to a reserve ratio policy and adjusts the supply to meet the demands of buyers, holders, merchants, and liquidity providers. Additionally, it allows these participants to receive cash back from the reserve in line with established contract policies. GoodDollar is committed to fostering a sustainable UBI ecosystem by incentivizing DeFi investors to contribute to GoodDollar Trust Funds. These smart contracts collect yields generated by deposits in various third-party DeFi protocols, such as Compound and Aave. This yield is then funneled into the GoodDollar Reserve contract, allowing for the generation of G$ tokens, which are distributed equally among UBI claimants. By ensuring that UBI is backed by real value rather than merely relying on coin inflation, GoodDollar seeks to create a robust and sustainable economy. The protocol is designed to empower individuals globally, promoting financial inclusion and education in the digital currency space. With its innovative approach to UBI and focus on social impact, GoodDollar represents a significant advancement in the quest for equitable wealth distribution through blockchain technology.