OINDAO V3 Launched!
The OINDAO V3 has finally ARRIVED!!
The Partner Launch is now here, opening up the OINDAO to those in line to release their stablecoins. In the run-up to the public deployment, we have a great Launch Roadmap, so stay tuned!
The team has been focusing on V3 product development over the past few months. Today, we are pleased to announce that the V3 product development stage is at completion, and is ready to be deployed to our Constellation Partners’ network. The OIN Finance team will be working closely with the Constellation Partners in the following weeks to confirm final product configuration, and prepare for the ultimate public deployment.
With the public deployment of OINDAO V3 just a stone’s throw away, we wanted to show you a sneak peek into the next step in DeFi and stablecoin evolution!
Quick Features List
As seen in the screenshots, the V3 is a turnkey stablecoin issuance solution that will be deployed to the Constellation Partners network to enable them to issue their own private-labelled stablecoins. The system brings with it a robust set of features that is completely new to OIN Finance. Along with it, brings great utility and governance to the OIN token itself!
- Each wallet address is tied its own Vault
- Can mint or repay stablecoins until the Minimum Collateralization Ratio (MCR)
- Single-vault liquidations for those Vaults that fall below the MCR
- On-chain staking and rewards in the Stability Pool (stake stablecoins!)
- All fees paid in the OIN token
- Fees governed by the OIN token
Partner Launch of OINDAO
Our great Constellation Partners now have access to the OINDAO, and we are currently onboarding and making final tweaks before having the public release of their stablecoins. These tweaks include final refinements to the front-end, system setting customizations e.g., MCR, stability rates, and the full and final seeding of the stablecoins, collateralization pools, associated DEX listings (if there are any), and other off-ramps / use cases.
The above is just the hidden work we do on our (and our partner’s) end. As for our community, you can expect the following to the run-up until public release:
- Audit report of V3 on CertiK (near completion)
- Reveal of 1st Constellation Partner to launch on V3
- Reveal of stablecoin listing on an on-chain DEX
- Tutorial
- Frequent AMAs to answer any questions in between
- And more Constellation Series (including co-branded NFTs)!
- Listing of 1st Constellation Partner’s Stablecoin, and public release of OINDAO
All this and more are planned, so keep in touch and up to date until our public release!
In the meantime, be sure to check out the OINDAO Docs for detailed information about the platform!
ABOUT OIN FINANCE
OIN is a decentralized multi-chain stablecoin issuance platform. With a robust set of features such as single-vault liquidations and own-brand-labelled stablecoins, we bring the turnkey stablecoin issuance solutions for all, including layer-1 partners.
For all the recent updates and progress, connect with OIN Finance and become a part of our community at:
