Welcome to the Open Dollar January highlights!
Here we’ll share the month’s most important developments and highlights from the Open Dollar protocol.
We've announced the launch of the Open Dollar Governance (ODG) token! Airdrop recipients can claim their ODG on our governance page and begin participating in the Open Dollar DAO. The ODG token has been officially listed on Camelot, and for those who thrive on details, our freshly updated docs have more information on tokenomics and governance. Read more here.
We are pleased to announce our first airdrop of $ODG tokens to over 78,000+ eligible addresses from the Arbitrum ecosystem.
This marks the kickoff of many major events for the Open Dollar protocol, including opening up the call for delegates and the beginning of DAO operations ahead of our mainnet launch scheduled for mid-February.
🏅 Mint your very own limited edition “OD OG” NFT and earn an exclusive Discord role.😎 Bragging rights forever: Show off your “OG” status with pride.🎁 Future Perks: Stay tuned for more exciting benefits coming your way
We’ve also launched a new campaign on Zealy! Earn points for daily check-ins, attending our events, content creation, and more.
What is Open Dollar? We’ve created a shareable, 1-minute explainer video to introduce all the highlights for newcomers to the Open Dollar protocol.Let us know what you think!
We’ve published a highly anticipated update to the Open Dollar Docs to include information on: 🗳️ Proposals & voting ⭐ The ODG token 📈 ODG tokenomics
Check out the update here.
ODG is now officially listed on @coingecko! Upvote and add ODG to your watchlist to earn points in our new zealy_io quests. We’ve also applied to list on CoinMarketCap and other popular cryptocurrency platforms. Watch this space!
A huge thank you to all the publications that featured us!
Check it out here.
Our friends over at @reflexerfinance congratulated us on our successful ODG airdrop!
Check out their tweet here.
We had a great AMA session with our CEO Joseph and RAI’s Co-Founder Ameen.They discussed the philosophies behind the creation of Open Dollar and RAI as well as their thoughts on the evolution of the DeFi space and much more!Listen to the recording here.
There’s still time to step up or nominate your choice for Open Dollar delegates. Holders of ODG may choose to create proposals or vote independently, or assign their voting power to their delegates of choice on the governance page.
Electing experienced and reputable delegates will ensure efficient DAO operations and has been shown to increase voting participation rates versus DAOs without delegation functions.
If you know an ideal candidate who embodies the qualities needed to represent you and your interests on the Open Dollar platform, now is the time to extend an invitation to them.
Visit our Tally page today and make your voice heard in shaping our DAO's future!
Let's learn about DeFi together - introducing the DeFi Hour live stream! Here we take a deep dive on our favorite DeFi protocols. On this episode, we explored @LiquityProtocol.
Watch it here.
Our dynamic control system adjusts the redemption rate, ensuring stability against market fluctuations. It's stablecoin innovation in motion – any imbalance presents an arbitrage opportunity to restore it.
Read more about it here.
Our latest blog explores the most popular LSTs on the Arbitrum network: wstETH, rETH, and cbETH.
Discover their unique characteristics, why so many use them, and their impressive stats!
Read the blog here.
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Head over to our website and sign up today so you can stay informed with our upcoming events. Also, be sure to try our testnet app and follow us on our socials to stay up to date with all the latest developments. Thank you for your support!
-The Open Dollar team