CUBI (Cardano Universal Basic Income) New

In development
Conceptual proposal published as a GitBook by "ancientkraken".

CUBI is a documented proposal for a universal basic income funded by Cardano staking yield: ADA is delegated to dedicated CUBI stake pools and the roughly 5% annual return is distributed to participants through smart-contract wallets that behave like prepaid debit cards, with unspent ADA returning to the pool each period to prevent accumulation.

Funding
Non-state
Blockchain

Cardano

Social mining

- Funded purely by delegation rewards (~5%/yr), not by new issuance
- Payouts held in smart-contract wallets that expire each period so recipients cannot hoard

Token economics

Denominated in ADA; value tracks the ADA market price.

Locations
Proposal uses Sacramento, California as a case study
Notes

Conceptual proposal published as a GitBook by "ancientkraken". No launch date, operating organisation, pilot or on-chain deployment is documented; the paper itself calls it an "experimental solution" and names obtaining initial ADA funding and merchant acceptance as open problems. Sacramento, California is used as a worked example.

- Included as the clearest documented Cardano-ecosystem UBI design; treat as a paper, not a running programme
- Same yield-funded model as Cardano-adjacent proposals and as impactMarket's original interest-funded UBI