wincy.eth

@gusik4ever

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OpenEden bridges TradFi and DeFi by tokenizing U.S. Treasury Bills (T-Bills). It offers ~5% APY through a secure on-chain infrastructure. Also: the first DeFi protocol rated by Moody’s. Let’s break it all down 🧵👇🏼

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→ TL;DR OpenEden is a regulated, institution-ready RWA infrastructure unlocking secure U.S. yield in DeFi. If you’re looking for: ▸ Yield on USDC ▸ Full transparency ▸ On-chain access ▸ Institutional-grade regulation OpenEden is one of the strongest RWA plays in crypto!

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→ The team ▸ Jeremy Ng — CEO, ex-Gemini, ex-Deutsche Bank ▸ Wayne Tan — General Counsel, ex-Sygnum Bank ▸ Duke Du — CTO, ex-Bybit ▸ Amandis Dhillon — Product Lead, ex-Gemini OpenEden is led by a team that understands regulation, liquidity, and long-term infrastructure — not just crypto narratives.

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➤ Strategic partnerships This infrastructure is already supported by key players: ▸ Arbitrum DAO allocated $4M into TBILL ▸ Ripple integrated TBILL on XRP Ledger ($10M initiative) ▸ Binance Labs participated in early-stage funding

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➤ dApp for investors OpenEden offers a simple interface to mint, redeem, and monitor TBILL positions. ▸ Available on Ethereum, Arbitrum ▸ Supports KYC onboarding ▸ Full asset breakdown + NAV tracking Designed for both institutions and on-chain power users.

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➤ Audited smart contract vaults User deposits are handled via audited smart contracts that mint TBILL, redeem USDC, and reflect NAV updates in real-time. ▸ Chainlink oracles track market prices ▸ Multisig governance ensures secure control

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➤ Licensed fund structure OpenEden operates through a BVI-registered Professional Fund. Asset management is handled by an entity licensed by the Monetary Authority of Singapore. This setup ensures regulatory compliance and auditable capital flows — a rare standard in DeFi.

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➤ Custodians & prime brokers Assets backing TBILL and USDO are held by regulated custodians like Zodia Custody, with prime brokerage partners involved in execution and safekeeping. Off-chain storage and MPC-style security help reduce counterparty and custody risk.

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→ OpenEden Is More Than a Startup It’s building an institutional-grade infrastructure layer for RWA on-chain, including: ▸ Licensed fund structure ▸ Regulated custodians & prime brokers ▸ Audited smart contract vaults ▸ User-friendly investor dApp ▸ Strategic partnerships

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→ How users generate yield via OpenEden Here's how the user flow works: ▸ Deposit USDC → receive TBILL, backed by short-term U.S. Treasuries ▸ TBILL appreciates as interest accrues ▸ Optionally wrap into cUSDO to auto-accrue yield via rising token price

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→ Product #2 — USDO This is a new stablecoin backed by TBILL, but with a twist: it’s yield-bearing. ▸ 1 USDO = $1 ▸ Yield accrues via cUSDO ▸ Fully regulated (Bermuda-based)

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➤ How TBILL works: ▸ Deposit USDC → receive TBILL ▸ Interest accrues through price appreciation ▸ Redeem at any time to receive your principal plus yield Straightforward and clean — kinda like BlackRock, but running on Ethereum.

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→ Product #1 — $TBILL $TBILL is a token backed by a pool of real U.S. Treasury bills. ▸ Average yield: ~4.8–5.2%. ▸ Backed exclusively by real bonds ▸ Operates via smart contracts, with no intermediaries involved It is essentially a money market fund — but crypto-native.

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→ Funding Open Eden has secured $5M from YZi Labs (Prev. Binance Labs), UXD Protocol! Additionally, in August 2024, Ripple invested $10 million in OpenEden’s tokenized Treasury bonds.

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→ About @OpenEden_X Open Eden is a platform that turns real-world assets — mainly short-term U.S. T-Bills — into yield tokens like $TBILL and $USDO. Its goal is to bring “risk-free” yield into DeFi and make it accessible 24/7.

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OpenEden bridges TradFi and DeFi by tokenizing U.S. Treasury Bills (T-Bills). It offers ~5% APY through a secure on-chain infrastructure. Also: the first DeFi protocol rated by Moody’s. Let’s break it all down 🧵👇🏼

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🔴👀 @nodefoundation

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→ Be sure to follow me in telegram ➣ https://t.co/Bs7rSEbPur And remember to turn on notifications!

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→ Check my map with all links • Go to https://xmind.ai/share/BOiJ8fxW?xid=7tBl7SKr • Use it for FREE

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