Open Dollar retweeted
Open Dollar retweeted
With +$100M USD of capital… the Top 10 @arbitrum delegates have more than 132M ARB delegated, just waiting to be deployed in DeFi.
Learn how Open Dollar solves this dilemma with Delegate Vaults
See our post on the Arbitrum forum👇 forum.arbitrum.foundation/t/…
Open Dollar retweeted
📣 Attention GRT Holders
Open Dollar is excited to bring new utility to all GRT holders @graphprotocol!
For the first time, GRT is integrated as a supported collateral type for loans and leverage
Leverage GRT and unlock access to DeFi without selling your tokens!
🧵👇
Open Dollar retweeted
You can now short other tokens using OD as collateral for the first time.
Only on @CreditGuild 💪
What's new @CreditGuild --
End of rewards epoch on Friday, GUILD tokens to be distributed early next week, + ARB tokens for PT collateral users + ODG and matching GUILD for the coincentivized OD pool. Next epoch will keep the same rewards rate.
New markets now live, UI support coming by Monday -- including wstETH, stUSD, and our second coincentivized pool DOLA
Third coincentivized pool coming up -- @reserveprotocol eUSD, plus ETH+ collateral in the existing ETH market
New collateral arrives -- @Dolomite_io pt-dUSDC collateral coming to @open_dollar OD and @InverseFinance DOLA pools
Open Dollar retweeted
Batch of @CreditGuild lending terms being proposed today:
@open_dollar OD collateral in USDC pool for peg arbitrageurs
More LTV for PENDLE thanks to new fast auction house
Lower interest terms in WETH pool
Comment below or on Discord if there’s anything else you’d like to see
Open Dollar retweeted
Very neat modeling approach with pretty graphs by @0xsidequest to predict optimal parameters for @open_dollar's collateral factor and PI controller.
👏
0xside.quest/opendollar_init…
Open Dollar retweeted
Thursday 3:00pm ET | @open_dollar
Jump in with the Open Dollar team who are building a LST ecosystem + a stablecoin protocol on Arbitrum.
We'll be covering
- Open Dollar building journey
- Latest on LST ecosystem
- Why Arbitrum and more!
xitter.cf/i/spaces/1kvJpvbNWwdKE…
Open Dollar retweeted
Reminder to OD holders — single sided yields available on the Credit Guild, help bootstrap the first integrated lending pool for @open_dollar
Open Dollar retweeted
Coming up in a few hours! Hope to see you there
📺 Tune in tomorrow to learn about our new co-incentivized OD pool on @CreditGuild!
🔔 Set reminders here 👇
xitter.cf/i/spaces/1OyKAWWkEkLJb
Open Dollar retweeted
USDC is a vampire attack on decentralized stablecoins
Open Dollar is a vampire attack on the Central Banking system
Open Dollar retweeted
Replying to @scupytrooples
You can open a CDP vault on @open_dollar that is also a tradable NFT. and then list it on opensea or other marketplace to sell your debt position at a premium.
Open Dollar retweeted
Super excited to partner with @open_dollar for active liquidity management!
Replying to @open_dollar
4️⃣/6️⃣
✴️ This Camelot pool is powered by @GammaStrategies, our newest partner for liquidity management
Gamma is integrated with Camelot DEX to provide an optimal user experience with consistent, in-range liquidity
Open Dollar retweeted
Galactic Giving funds are out💫
Project owners - check your wallet for your USDGLO!
HUGE thanks to our amazing sponsors @glodollar @gains_trade @GMX_IO @OctantApp @PublicNouns @arbitrum @kbw @LottoPGF @open_dollar @PremiaFinance @muxprotocol @rage_trade @BreederDodo @_WOOFi
Galactic Giving QF Round Funds Are Already Distributed! 🌌✨
For the 96 verified public goods participating projects, the funds have already been sent in USDGLO to your project recipient address on @Arbitrum.
You can verify the transaction here:
arbiscan.io/tx/0x52e63f731b9…
Open Dollar retweeted

Eldar@eldarcap8 Jun 2024
🇯🇵
JapanConnected via Switzerland App StoreAccount-level information, not a live location or per-post device.
Really interesting approach. It’s smart of @open_dollar to research such a solution in order to grow its supply and revenue.
Other stablecoin could take an hint.
I love this proposal from the @open_dollar team, for funding projects from our DAO treasury without liquidating any $ARB
How is that possible?
They propose a collateralized debt position (CDP) that takes in ARB & gives out stablecoins
Instead of liquidating the $ARB when it falls below collateralization requirement as in a regular CDP, it simply draws more ARB from the treasury to meet collateralization requirements
we need such solutions in the DAO treasury management space that go beyond liquidating the governance (dump) token for funding ecosystem growth.
the proposal builds on research from @hodler69420 from our treasury and sustainability working group , excited to see how it progresses! they should also consider a firestarter to do some active work on it while it works its way through the governance process
Open Dollar retweeted
I love this proposal from the @open_dollar team, for funding projects from our DAO treasury without liquidating any $ARB
How is that possible?
They propose a collateralized debt position (CDP) that takes in ARB & gives out stablecoins
Instead of liquidating the $ARB when it falls below collateralization requirement as in a regular CDP, it simply draws more ARB from the treasury to meet collateralization requirements
we need such solutions in the DAO treasury management space that go beyond liquidating the governance (dump) token for funding ecosystem growth.
the proposal builds on research from @hodler69420 from our treasury and sustainability working group , excited to see how it progresses! they should also consider a firestarter to do some active work on it while it works its way through the governance process
Open Dollar retweeted
Credit Governance Updates Part 2
I got overexcited about the new auction house and hit "send" before I finished what I was supposed to say 🫣
Along with this, we've proposed creation of a new @open_dollar OD debt market. It will take 7 days for it to go live assuming the vote passes and no veto.
This is a proof of concept for longer tail asset lending on the Credit Guild and, if all goes well, will be our first coincentivized market. Links to our proposal and Open Dollar forum discussion below 👇
Credit Governance Updates
Our new 30 minute fast auction house is now live, enabling support for higher LTV lending terms. For starters, I proposed a batch of three new lending terms for WETH collateral, USDC debt with borrow ratios that enable ~5x, ~3.7x, and ~2.9x leverage respectively at current prices
These will be live and available for staking/borrowing on Monday
If you have ideas or requests for other collaterals and configurations using the new auction house, let us know on Discord
Open Dollar retweeted
Replying to @kamikaz_atsuko
































