iMe Platform x OpenDAO x OCP: Auto-compounding on Binance Smart Chain

Logan F
OpenDAO
Published in
4 min readNov 12, 2021

It’s official!

OpenDAO, in coordination with OCP, is joining forces with iMe Platform:

The Smart Platform with built-in Artificial Intelligence and Crypto Wallet, powered by none other than Telegram…

  • SUMMARY
  • USDO
  • HOW TO
  • ABOUT iMe
  • ABOUT OCP
  • ABOUT OPENDAO
  • THANK YOU

SUMMARY

OpenDAO will establish a USDO/LIME liquidity pool Pancake Swap. Furthermore, in coordination with OCP a USDO/LIME LP farm will be created on their STEAKS platform.

Rewards start very soon on Start block 12585000 here and will run for six months!

Over 2.6MILLION $LIME token rewards for LP providers!

Open DAOists can also look forward to seeing USDO integration with iMe’s platform in the future!

That’s just the tip of the ice berg…

USDO

USDO is an over-collateralized stablecoin pegged to the US dollar, it is also multi-collateral, thereby making stocks, real estate, crypto currencies, and nearly any real world asset a viable candidates for minting a stablecoin.

Yield Minting is a feature we hope to turn on for $LIME holders in the future.

This allows users to stake their assets into a liquidity pool (thereby earning interest,) AND simultaneously mint a stablecoin from those holdings while they’re staked. It’s a unique feature not seen anywhere else in the space.

Of course, USDO is also jam packed with utility and is available for use across a growing number of platforms. Welcome. You’re early!

Stay tuned for more!

HOW TO

[1] Add $LIME and $USDO to PancakeSwap Pool

Got some $LIME? Good.
Got your $USDO? Even Better.
CLICK HERE TO GO TO THE POOL (Give it a second to load.)
You’ll need to approve everything in you wallet first! Then add add add!

[2]Go to OmniSteaks.OCP.Finance

GO! DIRECT LINK TO COMPOUNDING STEAKS FARM!

Well done, AND rare.

[3] Find the USDO-LIME LP — Click!

That’ll be roughly 78293649234679324623746237462384792834% per day?

[4] Approve + Confirm in Wallet

[5] Deposit All

[6] Done! Auto-Compounding

How easy was that? Your rewards are converted into LIME and USDO, then added back to your underlying LP position!

What does that mean?

— No more daily rewards harvesting
— No more wonky **** coin rewards
— Yes, more APY!

ABOUT iMe

iMe is an entire ecosystem with a Telegram-based messenger, Crypto Wallet, and DeFi tools… Not to mention, its native utility token $LIME.

With robust DeFi capabilities integrated into the messenger (Uniswap, Binance Smart Chain, Ethereum,) iMe is on a mission to make DeFi more accessible to a wider population.

The platform enables sending any crypto via Telegram handles in a few clicks. Notably, iMe is the first project to add Binance Pay functionality to its wallet.

iMe app NOW AVAILABLE for Android and iOS users!

ABOUT OCP

Omni Consumer Protocols is a BSC native DeFi conglomerate.

It’s the friends we meet along the way…

OCP were the grant recipient’s in OpenDAO’s grant to build a minter for $USDO on BSC, which is live now at omnicomp.ocp.finance. There are also farms at omnifarms.ocp.finance. Omnitrade.ocp.finance. Omni… Oh. As they would say, that’s board member info, and — “be worth a damn, join up.”

The OCP philosophy is simple: if it makes money, OCP will build it.

ABOUT OpenDAO

OpenDAO (OPEN) serves as a bridge for real-world assets to cross over into the growing DeFi infrastructure. The goal is to bring more value into the space by providing exposure to real estate, stocks, and more… all in a uniquely permissionless and seamless manner.

The DAO is nearly finished with the architecture for the creation of a superior stablecoin, one backed entirely by the world around you.

Join our Telegram if you haven’t already! t.me/opendao

WOW… Thank you!🥰

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I put a lot of hard work into it, and I hope you got something useful out of it.

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Logan F
OpenDAO

Blockchain-Brained Creative Futurist: Make your own future