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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Is DeBank your favorite source of Web3 news? πŸ“°

You can follow us there to get all the major updates from Open Dollar without missing a beat!

πŸ‘‡
https://t.co/2IJiyohvmA https://t.co/ZV2huQ0LEr
β€” Open Dollar (@open_dollar)
Jun 29, 2024
USD-backed stablecoins dominate with 90% of crypto transactions in 2024, averaging $270bn weeklyβ€”70x more than EU counterparts. Euro-backed stablecoins now at an all-time high, though only 1.1% of transactions.

Read more: https://t.co/Wy0zUwA16F https://t.co/GmhmTdQTgt
β€” Open Dollar (@open_dollar)
Jun 30, 2024
πŸ‘1
πŸ†• There’s a proposal on our governance forum to add 3 new collateral types!

$WETH
$LINK
$GRT

Check out the details and leave your comments before it proceeds to voting!

πŸ”— https://t.co/XhgsCyMBKM https://t.co/t37mUUztDQ
β€” Open Dollar (@open_dollar)
Jul 1, 2024
The Open Dollar ecosystem is expanding rapidly!πŸͺ

More details will be released soon after we're live, stay tuned! πŸ“Ί https://t.co/cQuB1eJk3L
β€” Open Dollar (@open_dollar)
Jul 2, 2024
πŸ“° The Open Dollar Newsletter is out!

πŸ“₯ Check your inboxes for June’s highlights & a preview of what’s to come.

πŸ“¬ If you haven’t yet, be sure to subscribe to stay updated with all the latest news!

πŸ”— For the highlights, visit our blog:

https://t.co/jprPfq4AXK
β€” Open Dollar (@open_dollar)
Jul 3, 2024
OD lending and borrowing is live on @CreditGuild πŸ”₯

Users can lend or use OD as collateral to:
1️⃣ Arbitrage the peg single sided and harvest rewards (ODG + GUILD + Interest) πŸ’°πŸšœ
2️⃣ Borrow USDC against OD to do levered arbitrage with no expiry ⏳

Arbitrage opportunity below ‡️ https://t.co/RaFuceJBbv
β€” Open Dollar (@open_dollar)
Jul 3, 2024
@CreditGuild /2
Obtain OD at ~10% discount on @CamelotDEX or easily create a vault on Open Dollar in under 90 seconds ⏰

Deposit wstETH, rETH, or ARB into Open Dollar, receive your NFV token and OD!

Peek this quick tutorial πŸ‘‡
https://t.co/Onh9puOxaK https://t.co/U2nBU42Q5y
β€” Open Dollar (@open_dollar)
Jul 3, 2024
@CreditGuild @CamelotDEX /3

The opportunity to earn high yields on your OD is here and ripe for the picking!

First, acquire OD (~10% discount at current market prices) on @CamelotDEX πŸ‘‡https://t.co/vY4wR8kNtV
β€” Open Dollar (@open_dollar)
Jul 3, 2024
@CreditGuild @CamelotDEX /4

Next, take your OD on over to @CreditGuild and deposit OD to borrow USDC to do a levered arbitrage.

Get started borrowing USDC against OD πŸ‘‡
https://t.co/xRODJQ6LUW https://t.co/dZd5XBEoyt
β€” Open Dollar (@open_dollar)
Jul 3, 2024
πŸ—³οΈVote to add $WETH collateral

Voting period ends on July 9th, 2:24am ET

Cast your VoteπŸ‘‰https://t.co/nP1WSFht0Q https://t.co/lkAU4ohPTu
β€” Open Dollar (@open_dollar)
Jul 8, 2024
New governance home page looking fresh @tallyxyz πŸ”₯

Tap in, Vote with ODG πŸ—³οΈ
https://t.co/uFcqg9UkB1 https://t.co/UmZ2OR35r9
β€” Open Dollar (@open_dollar)
Jul 8, 2024
Proposal to add $WETH as a collateral type has passed πŸŽ‰

Soon, borrowers will be able to mint OD against $WETH!
https://t.co/nP1WSFht0Q https://t.co/JHI3LpIjdc
β€” Open Dollar (@open_dollar)
Jul 9, 2024
ETH collateral deposits are live on Open Dollar πŸ”₯

Borrow OD against ETH at the lowest rates in the industry, borrow rates are currently ~1.5%!

https://t.co/ySu2udlURr https://t.co/mG2xNWvL2u
β€” Open Dollar (@open_dollar)
Jul 10, 2024
πŸ”₯1
Borrow OD against ETH at 1.5% in less than one minute 🀯 https://t.co/gjbmy46DSz
β€” Open Dollar (@open_dollar)
Jul 10, 2024
Lend or borrow against OD on @CreditGuild!

Gain access to 1500 ODG + 223000 GUILD, and receive variable yield rewards! https://t.co/75F3jHMgye
β€” Open Dollar (@open_dollar)
Jul 11, 2024