Breadchain Cooperative ár 

BREAD

The Breadchain Cooperative builds what it calls "Solidarity Primitives" - development tools which help to forge solidarity between individuals and collectives. The first solidarity primitive created by the Breadchain Cooperative is called the Crowdstaking Application.

The Crowdstaking Application is a smart contract on the Polygon network that accepts a user’s $DAI and forwards it to an AAVE lending pool. In exchange, stakers receive $BREAD tokens, minted at a 1-to-1 ratio with the collateralized $DAI. $BREAD is the digital community currency of Breadchain.

All of the interest earned on the staked $DAI is automatically sent back to Breadchain to help fund the collective and its various member projects. The Crowdstaking Application functions as a fundraising engine for the Breadchain Cooperative, while the $BREAD token acts as a local currency within the ecosystem, promoting financial sustainability.