Major OpenDAO Updates:
⚡ATTENTION OPEN Owners & pOPEN pOwners!
We have an announcement explosion for you today!
- Single. Asset. OPEN Staking!
- Stake OPEN, earn OPEN.
- PLUS, Mint $USDO with your staked OPEN to earn OMNIC.
👇The information below is essential DAO knowledge. Check it out!
Single Asset OPEN Staking is Finally Here!
That’s right. Live now, the OmniCOMP platform is rolling out $OPEN staking.
OPEN token holders will be able to stake their OPEN and earn...
MORE OPEN!!!!!!!!!!!
This is HUGE news, so make sure you are positioned appropriately to take advantage of the value inherent in your holdings! (And let other people know too.)
How To
Step 1️⃣: Make sure you have pOPEN (the BSC version of OPEN). You can convert your OPEN from the Ethereum Chain to BSC by clicking this text.
Step 2️⃣: Stake your pOPEN at OmniCOMP.ocp.finance
Boom💥: You’re earning more pOPEN!
Bonus Step🎁: Click the big Mint USDO button on OmniCOMP to mint $USDO stablecoins using your pOPEN as collateral. Minters earn $OMNIC tokens as additional rewards.
4D Chess Step🧠: Big brain OPEN holders have been staking their OPEN tokens to earn OCP. You can now also stake this OCP on OmniCOMP to earn even more OCP and do even more minting to earn even more OMNIC!
Walkthrough🚶♂️: For more details on OmniCOMP V2, check out this article by our partners, OCP.
Minting USDO - OpenDAO’s Own Next-Gen StableCoin
Put your holdings to work!
Stake Assets like, $OPEN, $OCP, $OMNIC, and soon many others - then mint some USDO and voila!
Usable convertible value without having to sell the underlying assets!
USDO minters are rewarded with OMNIC tokens, the platform token of the OmniCOMP minter.
Lastly, we will be deploying a USDO/BUSD Cashbox for 1:1 non-slippage swaps between the currencies, plus a whole range of farming options for LPs.
What is OCP?
Omni Consumer Protocols is a BSC native DeFi conglomerate.
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
Head over to their Medium and see what they have to say, with a beautiful walkthrough too!
Their philosophy is simple, if it makes money, OCP will build it.
Psst… Hey you… like what you read? Make sure others know what’s going on by showing your appreciation! Simply smash that clap button a few times! 👏
