The Vault Keeper Program has officially begun! 🥳
🔩 Earn Bolts and get rewarded for using and promoting the Open Dollar protocol
Register today and be the first to share your referral link with your friends - they get a welcome bonus and you get 10% of all the Bolts they earn!
📢See our announcement to get started: https://t.co/1B6ejgnYt9
Liquity V2 (an upcoming decentralized stablecoin) codebase is live so we can share this: their CDP uses the same Non-Fungible Vault design as Open Dollar.
That means Liquity V2 and Open Dollar vaults could each be traded as NFTs. 👀
The Liquity V2 codebase is now public! 🚨 📣
https://t.co/0JiAXZvzEY
This opens the doors for developers to build on top of V2, and redefines the future of borrowing in DeFi
A 🧵 on the endgame for borrowing 👇
Open Dollar founder, @CupOJoseph, took the main stage for a keynote on building stable currencies at ETH Tokyo today.
The energy in this room is incredible!
Voting to turn on our PI controller is live 🔥
The PI (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage opportunities
3️⃣Prevents bad debt and maintains a healthy protocol
Cast your vote below👇
https://t.co/dPdLN3Fsbv
🗳️ Cast a vote to add @pendle_fi PT-rETH & PT-wstETH as supported collaterals to Open Dollar!
📣 Voting closes at 3:42am ET, July 28th
Cast your Vote👇
https://t.co/H934yIRcI4