Open Dollar Anouncements
615 subscribers
6 photos
590 links
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
Download Telegram
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
👏1
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
Congrats on this milestone to our friends at HAI 🎉

The demand for LST backed stablecoins just keeps getting higher https://t.co/KgGvWEzTg5
— Open Dollar (@open_dollar)
Mar 17, 2024
👏1
Introducing the new Open Dollar Governance Dune Dashboard! 📊

Thanks to whale_hunter_ you can now easily track the ODG market cap, holder count, circulating supply, liquidity, & more

Dive into detailed charts for a comprehensive view of ODG's stats

https://t.co/8nNEdAJaWy https://t.co/n33ZYhJZtN
— Open Dollar (@open_dollar)
Mar 18, 2024
🔥1
We’re pleased to announce our newest partner: @useteller, a non-custodial DeFi loan protocol and the first to support ODG as collateral!

Learn more about Teller and our collaboration: https://t.co/NGMSV5lejq
— Open Dollar (@open_dollar)
Mar 19, 2024
🔥1
1️⃣ 🎙️ Join us for our #DeFi Hour live stream with @TimeswapLabs!

We’ll be joined by Timeswap’s Growth Lead @mimiLFG to dive into their fully permissionless, oracle-less AMM protocol for lending and borrowing

🗓️ Thursday 21st, 10 AM EST

https://t.co/Z7wkbBYDRc https://t.co/Dp6Jmcpgz1
— Open Dollar (@open_dollar)
Mar 20, 2024
@TimeswapLabs @mimiLFG 2️⃣ 🔗 The event will be hosted in our Discord⁠’s Community Event Stage https://t.co/aM2ieFZrdz and also broadcasted here on our Twitter

Join our Discord to ask questions during the event!
— Open Dollar (@open_dollar)
Mar 20, 2024