Landshare x OpenDAO x OCP: Real World Assets + Auto-Compounding + Stablecoins
It’s official!
OpenDAO, in coordination with OCP, is joining forces with Landshare, and for the $LAND holder community, this means:
❇️ No more “rewards harvesting” required
❇️ No more **** coin rewards
❇️ Yes, more APY!
❇️ Yes, Stablecoin borrowing
❇️ Learn more below
- SUMMARY (TL;DR)
- USDO
- HOW TO
- ABOUT LANDSHARE
- ABOUT OCP
- ABOUT OPENDAO
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SUMMARY (TL;DR)
OpenDAO and Landshare have established a USDO/LAND LP with a start block date on 25 Nov 2021 01:12:45 GMT which runs for approximately six months.
Furthermore, in coordination with OCP, the new USDO/LAND LP will be added to their auto-compounding platform, Steaks, along with the existing Apeswap BNB/LAND LP!
This means less work, with a higher APY for EVERYONE. [details below]
Finally, LAND will be made available as collateral for borrowing USDO, thereby enhancing the utility and underlying value already inherent in LAND tokens. This should be live in the first week of December.
As a final note, we see a lot of potential in this partnership, particularly related to the nature of land and property on the blockchain, and we are hoping to see a lot more overlap in the future as we begin to add more real-world assets to the platform.
The pieces continue to fall into place!
USDO
USDO is an over-collateralized multi-collateral stablecoin pegged to the US dollar, thereby making stocks, real estate, crypto currencies, and nearly any real world asset a viable candidate as collateral for minting it.
One by one, assets are being added as approved collateral for minting our stablecoin, and over the next year, we can expect to see larger, more illiquid, and more ‘tangible’ assets added to our platforms.
Of course, USDO is also jam packed with utility and is available for use across a growing number of platforms. Read more here.
Welcome. You’re early!
Join us in OpenDAO Telegram to get the latest news too!
HOW TO
[1] Add $LAND and $USDO to the Pool
Got some $LAND? Good.
Got your $USDO? Good. Good. (Also available at PancakeSwap)
Then…
CLICK HERE TO GO TO THE POOL
Enable the assets, Approve in wallet! Then add!
Already in Apeswap? Unstake your LP tokens from there & head to step #2
[2]Go to https://steaks.ocp.finance/#/bsc
[3] Find the USDO-LAND LP or BNB-LAND LP — Click!
[4] Approve + Confirm
Once on the app and once in your wallet
[5] Deposit All
Or adjust the slider and click “DEPOSIT”
Approve in wallet.
[6] Done! Auto-Compounding
How easy was that? Your rewards are converted back into their underlying positions. That means more LAND and USDO, or more LAND and BNB!
What does that mean?
❇️ No more daily rewards harvesting
❇️ No more wonky **** coin rewards
❇️ Yes, more APY!
Instead of seeing rewards, you should see your underlying deposited LP position increase, putting your tokens to work so you don’t have to… and with more of what you love!
ABOUT LANDSHARE
Landshare is bringing real estate to the Binance Smart Chain, allowing you to invest fractionally in real world assets directly on the blockchain.
Each Landshare property’s ownership is represented by unique Asset Tokens that can be bought, sold, or traded from your BSC wallet.
Asset Token holders receive monthly rental yields and benefit from the appreciation of the underlying asset. Landshare investments are legally compliant, seamless, and provide access to the real estate market without ever leaving the blockchain.
ABOUT OCP
Omni Consumer Protocols is a BSC native DeFi yield optimizing protocol. They supercharge the inherent value in all tokens on their platform and are responsible for the OCP effect, in which tokens on the platform tend to increase in value significantly shortly after.
They were the recipients in OpenDAO’s grant to build a minter for $USDO on BSC, which will soon be live on the OpenDAO platform. They continue to operate the ultimate DeFi lego set up, and very very soon, OCP is going to…
Oh. As they would say, that’s board member info, and — “Be worth a damn, join up.”
ABOUT OpenDAO
OpenDAO (OPEN) is the home of the multi-collateral over-collateralized stablecoin, and we serve 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.
Real world industries’ business models will be completely transformed as a result of our success.
Join our Telegram if you haven’t already! t.me/opendao
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Just wanted to say thanks, to you, dear reader.
If you’re clappy and you know it…
Be sure to smash that clap button on the left a few times.
