Weekly: $7.50
Annual: $42.55

FAQ

Below are frequently asked questions about the BDONATION platform.


General Questions

What is BDONATION?

BDONATION is a community-driven platform where users can donate USDC on the Stellar Network to support others. In return, contributors have a chance to be selected as "donees" and receive support when needed. The system operates with transparency, fairness, and blockchain technology.


How does BDONATION work?


Can I also be a donee?

Yes! As a contributor, you have a chance to be selected as a "donee" and receive support from the community. The selection process is completely random, meaning any contributor could be chosen to receive funds when needed. This ensures fairness and equal opportunity for all participants.


Donation Process

What is USDC, and why is it required?

USDC (USD Coin) is a stablecoin pegged to the U.S. dollar, issued by Circle. It ensures stability and transparency for donations on the Stellar Network. All payments must be made in USDC via Stellar.


Can I donate from an exchange like Binance or KuCoin?

No. Donations from exchanges are not allowed. Exchanges use shared wallet addresses, making it impossible to track your unique sender address. Use a personal wallet like LOBSTR, Ledger, or similar for donations.


What happens if I donate less than 5.00 USDC?

If the selected recipient received less than 5.00 USDC, we'll return exactly that amount to their wallet. The remaining budget will carry over to next week's donation pool.


Selection Process

How are donees selected?

const findDonee = (contributors: TransactionTypeDB[], hash: string) => {
    const hexToDec_10_chars = parseInt(hash.substring(0, 10), 16);
    return hexToDec_10_chars % contributors.length;
}

Is the selection process fair and transparent?

Yes! The algorithm is publicly verifiable using blockchain data. All transactions are recorded on the Stellar Blockchain, ensuring no manipulation or bias.


Payment & Security

How do I receive my donation if selected as a donee?


What if I send funds from an exchange?

If you donate from an exchange, we cannot detect your address. This may result in:


Security & Privacy

Does BDONATION collect or store user data?

No. We do not collect, store, or share any personal data about users. All transactions are anonymized and handled via blockchain.


How is my privacy protected?


Technical Notes

Can I use a hardware wallet like Ledger?

Yes! Hardware wallets like Ledger are recommended for secure transactions. Ensure your wallet supports the Stellar Network for donations and withdrawals.


What if I encounter issues with my transaction?


Additional Resources

For step-by-step guides on using USDC on Stellar or LOBSTR Wallet, visit our Complete Guide.


Last updated: May 4, 2025