How to check eligibility and claim $ONDO Airdrop: 👇
1️⃣ Visit official https://t.co/U3jA5SDXx3
2️⃣ Connect your wallet and complete the verification process
3️⃣ Enjoy your rewards!
We are excited to unveil that $ONDO Airdrop is live! Claim $ONDO now! 🌐
🔗 https://t.co/zTd98JaHZp
650,000 of total $ONDO supply will be distributed to all eligible users of our growing community 🚀
Let's embark on this new journey together! ❤️
Strong demand for high-quality yield continues: The 7-day supply growth of $USDY, a tokenized note secured by short-term US Treasuries, exceeds that of major stablecoins.
🚫 NOTE: USDY is not, and may not be, offered, sold or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act.
🚀 We are thrilled to announce our partnership with @OndoFinance, an institutional-grade onchain financial infrastructure provider! Ondo utilized MSafe’s multi-signature asset management solution to facilitate $USDY minting and other operations on @SuiNetwork.
This collaboration enhances the security of $USDY on Sui, and MSafe will continue to work closely alongside Ondo and their innovative finance ecosystem. 🌐🔒
Swap any token to and from $USDY on Ethereum, Solana, and Mantle.
🚫 NOTE: USDY is not, and may not be, offered, sold or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act.
What sets apart a dollar in a checking account from a dollar in US Treasuries? A dollar in a checking account typically earns no interest 💵, whereas a dollar in US Treasuries earns the "risk-free" rate 💰.
This distinction can be mirrored onchain when comparing stablecoins and yieldcoins, with recent TVL growth underscoring strong demand for more capital-efficient solutions.
📚 Learn more about our offerings: https://t.co/vvWc4cNK74
📢 $rUSDY, a new form of $USDY, is now live on Ethereum Mainnet! 📢
Yield on Mainnet USDY can now be paid out in either an accumulating or distributing form.
USDY is an accumulating token where the yield accrues daily via an increasing redemption value per token. The quantity of tokens in the holder's wallet remains the same, while the redemption value per token increases.
rUSDY, on the other hand, is a distributing token where the yield accrues daily via additional tokens distributed to the holder's wallet. The redemption value per token remains at $1.00, while the amount of tokens increases.
🔄 Token holders can convert between these two forms of USDY at any time, and with zero slippage at: https://t.co/m3nEGzG5U6
🚫 NOTE: USDY is not, and may not be, offered, sold or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act.
DeFi yield farming ignited the 2020 cycle. 👨🌾
LSTs and LRTs have since cemented the idea of productive onchain assets. 🔗
Now, tokenized yield-bearing cash equivalents empower fiat-denominated token holders with the ability to be equally productive onchain. 🔐
Capital efficiency is the name of the game. 🔄
"The RWA market grows by leaps and bounds" says a recent @CoinDesk article, reflecting on recent growth as major institutions enter the tokenization arena.
Most of the TVL in tokenized US Treasuries can be attributed to Franklin Templeton, Blackrock and Ondo Finance. And most recently at Ondo, we have enhanced our $OUSG offering, by:
➡️ Enabling instant 24/7 subscriptions and redemptions
➡️ Lowering investment minimums
➡️ Shifting the backing to Blackrock’s BUIDL
➡️ Launching rOUSG, with a constant $1.00 mint/redeem price
Learn more: https://t.co/NtrPdjFnq1
Ian De Bode, Chief Strategy Officer at Ondo Finance, brings extensive experience from his tenure as Partner and Head of Digital Assets at @McKinsey.
We recently sat down with him to discuss his perspective on tokenization: https://t.co/kliQzdvktp
Stablecoins could reach a market capitalization of $2.8T by 2028 📈, according to @AB_insights in a research report. This projection represents 17.5x growth from today’s $160B market cap.
$1.3B is currently invested in tokenized US Treasuries products, accounting for 0.8% of the total stablecoin market cap. So, in Bernstein’s potential scenario, what could the market cap of these tokenized US Treasuries products become?
At Ondo, we anticipate a rise in dominance of tokenized treasuries relative to stablecoins. If these products achieve just 5% of Bernstein's projected total stablecoin market cap, they would reach $140B in four years—a 107x increase from today's levels.
The potential for further expansion is substantial and exciting, and the opportunities extend far beyond tokenized treasuries.
Learn more about our journey and roadmap here: https://t.co/Dhb6sfn6T7
TVL across Ondo Finance’s yield-bearing products has surpassed $420M, making us the largest tokenized US Treasuries provider. And we are just getting started.