Introducing YIELD MINTING: A DeFi Industry First on Binance Smart Chain Featuring the USDO Stablecoin
The ultimate way to supercharge your assets, earn more of them while having a way to buy more. Congratulations, you can tell your friends you’re one of the first.
Find out more below:
WHAT IS YIELD MINTING?
Yield minting is the ability to stake a single asset (or LP token) and earn an auto-compounding APY while simultaneously being able to mint USDO stablecoins. That’s right, you can be earning from your staked assets AND THEN mint stablecoins from them while that’s happening.
Further, the auto-compounding SAVES YOU MONEY!
On non-compounding platforms, you have to check periodically, harvest your rewards, and reinvest them; thus not autocompounding leaves your incentives collecting dust, requires frequent attention, and often leaves you with a platform token you’re not excited to accumulate.
OmniVault lets you do DeFi “hands off!”
Enjoy the highest non-leveraged APYs available, stake & wait, then earn more of what you already have, all while yield minting that sweet sweet USDO stablecoin.
As far as we know, this is an industry first.
WHERE TO YIELD MINT
There’s only one place, and it’s only just begun: OmniVault.OCP.Finance
Stake $CAKE to start, with many many others soon to follow. If you want your favorite project to be available for yield minting, pop into our telegram and let us know! (Telegram: t.me/opendao)
While you’re at it, take 20 seconds and check out OmniSteaks.OCP.Finance too!
WHO MADE IT POSSIBLE
OpenDAO, in coordination with Omni Consumer Protocols, has made this feat of FinTech possible. This feature allows the DAO to promote and fortify the USDO-stablecoin ecosystem. We look forward to seeing you more in the future.
USDO: BSC’S MULTI-COLLATERAL STABLECOIN
What is USDO?
Great question.
USDO is the flagship stablecoin from OpenDAO, and meant to be a multi-collateral decentralized stablecoin capable of expanding to the size of any economy. Backed by crypto. Backed by stocks. Backed by real estate.
Backed by the world around you.
The USDO stablecoin is fairly new, but gaining traction and use cases quickly. It maintains it’s peg tightly, and we expect its usage rate to go parabolic in the near future.
If you’d like to mint some USDO, or just to take a look, head over to:
THANK YOU!
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