Open Dollar

@open-dollar

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41 Followers

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See you at FarHack in Singapore ✌️🇸🇬

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Another day another Dollar 💸 What collaterals do you want to be able to deposit and take OD loans against with Open Dollar? wrong answers only 😁

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Coming soon, the first governance simulator with an interactive UI 1️⃣ Easily submit on-chain proposals 2️⃣ Preview their effects on the protocol 3️⃣ Reduce error rates and streamline product upgrades 💪 Our devs are cooking to make DeFi faster, safer, and more powerful https://x.com/open_dollar/status/1811846105245577445

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Create vaults instantly w/ frames 👀

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Get on the train, it's not too late $OD $ODG 🚅 Create a vault, unlock them dollars 💸 https://app.opendollar.com/vaults/create

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🆕 There’s a proposal on our governance forum to add 3 new collateral types! $WETH $LINK $GRT Check out the details and leave your comments before it proceeds to voting! 🔗 https://commonwealth.im/open-dollar-governance/discussion/23828-collateral-expansion-to-weth-link-and-grt

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🌉 It’s easier than ever for Open Dollar users to move funds to @Arbitrum with our new, in-app bridge! Currently supporting our accepted collaterals and $ETH on the following chains: ⚪️ @Ethereum 🔴 @Optimism 🔵 @Base 🟣 @0xPolygon

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📺 Tune in tomorrow to learn about our new co-incentivized OD pool on @CreditGuild! 🔔 Set reminders here 👇 https://x.com/i/spaces/1OyKAWWkEkLJb

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Proposal passed! ✅ Integration is underway, keep an eye out for an upcoming announcement when it goes live with full details. 📊Vote results: https://gov.opendollar.com/dao/proposal/18058181889678192205442380079880499152376182558252764923243143927444290837497

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🆕 A new proposal is live on the Open Dollar DAO! If passed, this will result in a new OD lending pool on Credit Guild with incentives of OD and GUILD tokens. 🗳 Vote here: https://gov.opendollar.com/dao/proposal/18058181889678192205442380079880499152376182558252764923243143927444290837497

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⚡️Snapshot voting for Treasury Backed Vaults is live! 🗣 Tell your fellow ARB holders and delegate friends to vote on this important proposal! 🗳 Vote here 👇 https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xa220a80bf17a91c1c67b2c9de430ba0349c5122413644e1df49d34d19c1413bb

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⚡️Snapshot voting for Treasury Backed Vaults is live! 🗣 Tell your fellow ARB holders and delegate friends to vote on this important proposal for Open Dollar! 🗳 Vote here 👇 https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xa220a80bf17a91c1c67b2c9de430ba0349c5122413644e1df49d34d19c1413bb

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Wow, that was fast! 🏎💨 We just submitted this request less than 12 hours ago, and we already have results! Thanks @coingecko for updating our $ODG token information so quickly! https://www.coingecko.com/en/coins/open-dollar-governance

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🦄Uniswap’s progression from V2 ➡️ V4, capital efficiency💰, and ALMs ⚙️ Tune in tomorrow to learn about these and more with an industry leader in liquidity management and our partner of choice powering our Nitro Pool: Gamma Strategies 🔔Set your reminder👇 https://x.com/i/spaces/1RDGllgnYLDGL

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🗓 May was an exciting month for us! See what the Open Dollar team has achieved in our latest blog, and check your inboxes for our newsletter for a glimpse at the month ahead! 📬 https://www.opendollar.com/blog/open-dollar-may-highlights

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Open Dollar has crossed the $1M milestone in Total Value Locked! 🥳 Thank you to our amazing community and earliest mainnet users for helping us transform the DeFi industry 🌐 View our stats here: https://app.opendollar.com/stats

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The proposal for Short Term Liquidity Incentives has passed! Nitro liquidity incentives for the OD/ETH pool on Camelot will go live tomorrow, full details will be released in an announcement to follow https://gov.opendollar.com/dao/proposal/86549330549596934633786813138241122607445294915820292717599552006921309750071

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Thesis: In the long run arbitrum will become more popular than optimism because it is more fun to say. Arbitrum. A R B I T R U M.. arbi arbi arbitrum

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Arbitrum is the best roll up by far. But the ARB token has been cursed in the past. Here's my plan to run it back turbo: Everyone deposits their ARB in open dollar, borrows stablecoins against it at 5%, and buys more ARB.

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📈 DeFi is heating up! Total Value Locked (TVL) surged 85% in Q1, reflecting the growing adoption and activity within the Ethereum ecosystem. More assets locked = more liquidity, fueling the DeFi revolution! Source: https://coinbase.bynder.com/m/30e9d76a4724893b/original/Guide-to-Crypto-Markets-Q2-2024.pdf

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