Baobab Labs · Stellar Wave
Ajo doesn't stop
at the border.
Rotating savings circles — the same trusted Ajo/Esusu your family already runs — but a relative in London or Toronto can contribute their turn in seconds, without a treasurer, without a wire fee eating half the amount.
The mechanism
Four steps, enforced by the contract — not a person
-
01
Create a circle
Fix the contribution amount, the member list, and the schedule. Members are invited — same trust model as a real Ajo group.
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02
Contribute from anywhere
Each member sends their share in XLM or USDC. A member in Abuja and a member in Houston both settle in seconds.
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03
Funds held in escrow
The contract holds the pot. No treasurer ever has custody of the group's money.
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04
Automatic payout
Once everyone has paid in, the pot releases to that round's recipient automatically. The circle advances to the next round.
Why not just use a bank transfer
Because 15% in fees isn't a rounding error
when the contribution is $20
Traditional remittance rails were built for occasional large transfers, not small recurring contributions to a family circle. Stellar was built for exactly this.