Open Dollar Anouncements
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Official announcement channel for Open Dollar

There is no official Open Dollar chat on Telegram, beware of copycats!

All of our socials and official links can be found here: https://linktr.ee/opendollar
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🚀 The TVL in DeFi lending has seen steady growth from the bear market lows in 2022

📈 This highlights the growing interest of users in decentralized lending, eager to unlock the value of their assets to support a thriving crypto ecosystem

Thanks to @TheBlock__ for the chart! https://t.co/ovCnf60jX6
— Open Dollar (@open_dollar)
Mar 4, 2024
🛡️ Open Dollar now supports @safe!

Safe enhances asset security by requiring multiple approvals for transactions, ideal for teams and DAOs.

Try it out on our testnet app today! 📲
https://t.co/f1KExHcIMr https://t.co/lQDFewQXTg
— Open Dollar (@open_dollar)
Mar 5, 2024
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1️⃣ Dive into the governance of Open Dollar DAO, using insights from @tallyxyz

🌐 Plus, check out the fresh updates on our DAO documentation

📜 Now let’s breakdown our top delegates and stats!
— Open Dollar (@open_dollar)
Mar 6, 2024
2️⃣ 🏛 Meet the largest delegates of Open Dollar DAO: RikaGoldberg, dnkta, paveldcr, foundation_rai & cultivator.eth

These delegates currently command the most voting power in the DAO 📊 https://t.co/EdSKnsjogV
— Open Dollar (@open_dollar)
Mar 6, 2024
4️⃣ 🎉 Open Dollar is growing fast!

In just 49 days post-TGE we've exceeded 4K ODG holders on Arbiscan

We surprised everyone with our first distribution and the number continues to climb as more users claim their tokens and discover us https://t.co/bQ8mPSRer0
— Open Dollar (@open_dollar)
Mar 6, 2024
5️⃣ The leaderboard is very fluid 🌊

This graph shows how the voting power has shifted over time, with the leaders of January far outpaced by the current top delegates!

As we get closer to mainnet, we may see more rising stars in the OD DAO 🌠 https://t.co/d8bxA6iCHg
— Open Dollar (@open_dollar)
Mar 6, 2024
6️⃣ Be sure to check out our governance docs page to see the DAO parameters and its official links!

🔗 https://t.co/BNCO4QZzYp
— Open Dollar (@open_dollar)
Mar 6, 2024
Congrats to our friends at HAI on the first of many!

Get ready for floatcoin summer 🌤️ https://t.co/4KFdj6rPd5
— Open Dollar (@open_dollar)
Mar 9, 2024
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1️⃣ What is the #Dencun upgrade, & how will @arbitrum users benefit?

This major upgrade to ETH, EIP-4844, known as “Dencun”, or “The Surge” is set to be implemented on March 13th, bringing a number of benefits to both Ethereum’s mainnet & ETH L2 users

IMG Credit @VitalikButerin https://t.co/GTHGQp5tJb
— Open Dollar (@open_dollar)
Mar 11, 2024
2️⃣ As Arbitrum is an L2 on Ethereum, any upgrade to Ethereum translates to benefits for it’s L2s

This includes:
Throughput
Efficiency
Security
And more

As Arb was already built to be faster and cheaper, it stands to become even more so by an order of magnitude!
— Open Dollar (@open_dollar)
Mar 11, 2024
3️⃣ One of the most exciting benefits is the projected reduction in gas fees, which has soared as ETH enjoys ATHs of network usage lately

While ETH swaps are projected to be ~2x cheaper, Arb will become even more efficient, boasting 650x cheaper tx fees than ETH mainnet on swaps https://t.co/QZwEphphGx
— Open Dollar (@open_dollar)
Mar 11, 2024
4️⃣ In addition to cheaper gas fees and higher throughput, ETH's security protocols will be further fortified, ensuring safer transactions & smart contract interactions

In summary, the Dencun upgrade is good for ETH users, & great for those of us on Arbitrum!
— Open Dollar (@open_dollar)
Mar 11, 2024
Did you know that over 96% of stablecoin marketcap is comprised of only USDT and USDC? 🤔

Regardless of how you feel about these two centralized stablecoins, their dominance poses a potential security risk to the Ethereum ecosystem itself, according to @VitalikButerin
— Open Dollar (@open_dollar)
Mar 12, 2024
In addition to possible de-peg or attack scenarios affecting 96% of all stablecoin holdings, DeFi platforms, & trading pairs, these two entities could decide the future of the ecosystem in the event of a contentious fork

Read More:
https://t.co/xFqwKTHZ6N

IMG: @stablediversity https://t.co/I0yu2IV4zk
— Open Dollar (@open_dollar)
Mar 12, 2024
🗳️ How much of your ETH portfolio is in Liquid Staking Tokens?
— Open Dollar (@open_dollar)
Mar 14, 2024