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MUNCH Project Reaches $1 Million Milestone in Charitable Donations

PRESS RELEASE. DeFi project Munch has raised over $1 million USD in two weeks, to aid community-chosen global causes in developing nations, through non-profit organization GiveWell.
May 7th, 2021, London, UK — MUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million USD, in ETH, in just 14 days since its launch. This represents a huge achievement from the MUNCH community and a tremendous boost to the efforts of the GiveWell team.
100% of Fees Go To Charity and Holders
The Munch project applies a 10% transaction fee to every buy and sell made. This transaction fee is then split in two, with half redistributed to other holders of the token and half converted to Ethereum (ETH) which is then automatically donated to charity.
Rodrigo Silva, CEO at MUNCH voiced his strong appreciation to the community for its generosity, stating:
“We’ve been utterly blown away by the reaction from the community. It proves that people want their financial systems and services to

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Źródło: https://news.bitcoin.com/munch-project-reaches-1-million-milestone-in-charitable-donations/

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