❤️Philanthropy

The CharityChoice app is currently under active development, with plans for a public beta release in Q1 2025. Until then, all charity donations will go to animal welfare causes selected by the DogWifHeart team.

Community-Driven Philanthropy

DogWifHeart's innovative Philanthropy program transforms token holding into a powerful force for good. The Philanthropy Pillar, represented by the 'P' in PAWS, embodies the project's commitment to making a positive impact through community-driven giving. By simply holding WIFH tokens, community members automatically contribute to charitable causes, demonstrating how cryptocurrency can be a catalyst for meaningful change in the world.

---

Charity Program

The DogWifHeart Charity Program transforms token holding into a force for good:

• Allocation: 79,350,000 WIFH tokens (11.5% of total supply) + 0.75% of all transaction fees

• Monthly Donation: 5% APR (compounded monthly) of eligible held tokens

• Distribution:

  • 40% to animal welfare charity (selected by DogWifHeart team)

  • 60% to community-chosen charity (voted via CharityChoice app)

Eligibility

All WIFH tokens in personal wallets qualify, except those:

• On exchanges

• In DogWifHeart allocation wallets

• Used for farming or liquidity

Impact Example

For 10,000 WIFH tokens held:

• 1 month: 41.67 tokens donated (16.67 to animal welfare, 25 to community-selected charity)

• 3 months: 125.52 tokens donated (50.21 to animal welfare, 75.31 to community-selected charity)

• 6 months: 252.62 tokens donated (101.05 to animal welfare, 151.57 to community-selected charity)

• 1 year: 511.62 tokens donated (204.65 to animal welfare, 306.97 to community-selected charity)

As the community grows, so does the collective impact on charitable causes.

---

CharityChoice: Empowering Cross-Chain Philanthropy

CharityChoice is DogWifHeart's in-house developed off-chain voting application that empowers WIFH token holders to participate in selecting charitable causes. The app facilitates a two-wave monthly voting process:

1. Wave 1: Users vote on charitable categories

2. Wave 2: Users choose specific charities within the winning category

Each WIFH token counts as one vote, with ownership verified through wallet transaction signature signing. This system ensures secure, transparent voting across multiple blockchains as DogWifHeart expands.CharityChoice embodies DogWifHeart's commitment to community-driven philanthropy, allowing token holders to directly influence the allocation of 60% of monthly charitable donations.

For technical details on CharityChoice, click here

Note: CharityChoice will be updated during multichain expansion to support all WIFH users across supported blockchains, ensuring inclusive participation regardless of which network holds their native WIFH tokens.

CharityChoice Voting Process

Voting Wave 1

Charitable Category Selection

Duration: 1st - 12th of each month

Purpose: To determine the preferred charitable category for the month

How it works:

1. All WIFH token holders are eligible to participate

2. Each WIFH token in a user's eligible wallet counts as one vote

3. Users vote on their preferred charitable category

4. The category with the most votes wins and moves to the next stage

Charity Assessment Process

Charity Assessment Process

Duration: 13th - 17th of each month

Purpose: For the DogWifHeart team to evaluate potential charities within the winning category

Process:

1. The team researches organizations within the winning category

2. Charities are evaluated based on:

   • Financial transparency

   • Governance and oversight

   • Impact and effectiveness

   • Donor accountability

   • Alignment with Community Values

Voting Wave 2

Specific Charity Selection

Duration: 18th - End of the month

Purpose: To choose the specific charity that will receive the 60% community-selected donation

How it works:

1. WIFH token holders vote again, this time on the three pre-selected charities

2. Each WIFH token in a user's eligible wallet counts as one vote

3. The charity with the most votes wins the donation

4. In case of a tie, the funds are split between the top two organizations

Final Steps

Final Steps

• The winning charity is announced

• Funds are manually distributed by the DogWifHeart team

• Transaction details and charity information are made available on the HoundView platform for transparency

Note: The CharityChoice voting process described above is currently under development and subject to refinement. DogWifHeart is committed to delivering an optimal user experience and may adjust certain aspects of the application before its official beta release Q1 2025. The team encourages community members to stay informed about updates and improvements as the launch date approaches.

Charity Assessment Process

DogWifHeart is committed to ensuring that all charitable donations are directed towards reputable and impactful organizations. The selection process for both the monthly animal welfare charity and the three community-voted charities is guided by five key values:

1. Financial Transparency: Organizations must provide audited financial reports and demonstrate responsible fund allocation. DogWifHeart evaluates program expense ratios to ensure efficient use of donations.

2. Governance and Oversight: Priority is given to charities with independent boards and robust anti-fraud policies. This ensures accountability and maintains the integrity of the selected organizations.

3. Impact and Effectiveness: DogWifHeart favors charities with measurable goals, evidence-based programs, and a proven track record of making a difference. The team looks for organizations that can demonstrate tangible results from their efforts.

4. Donor Accountability: Respect for donor privacy and ethical fundraising practices are essential. Selected charities must show a commitment to responsible donor management and transparent communication.

5. Alignment with Community Values: Organizations that resonate with the DogWifHeart community's ethos and the project's mission are prioritized. This ensures that the charitable efforts align with the broader goals of the DogWifHeart ecosystem.

In line with the Alliance and Security pillars of the Paws Protocol, detailed profiles of each selected charitable organization are published through official community channels and verified on WatchDog. These comprehensive write-ups demonstrate how each organization aligns with this 5 step charity assessment process while also maintaining transparent operations for the community to review and understand the selection process.

Fund Distribution and Transparency

DogWifHeart ensures accountability in its Charity Program through:

• Manual distribution of funds to chosen charities by the team

• Secure wallet management system aligned with the Security Pillar of the Paws Protocal

• Transparent fund flow: vesting contract → cold storage → hot wallet

• All transactions and partner information logged on HoundView

This comprehensive approach to fund management and disclosure exemplifies DogWifHeart's commitment to full transparency, enabling the community to track and verify charitable contributions from start to finish.

---

Empowering Change Through Community-Driven Giving

DogWifHeart is dedicated to harnessing the power of cryptocurrency for positive change through its innovative Charity program. The project encourages community members to participate in charitable giving simply by holding WIFH tokens, fostering a culture of impact and engagement. By implementing transparent processes, facilitating community-driven decision-making, and supporting reputable organizations, DogWifHeart sets a new benchmark for philanthropy in the cryptocurrency space. As the community expands, so does its collective ability to effect meaningful change, demonstrating that meme coins can indeed be a powerful force for good in the world.