Open Dollar Anouncements
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Millions of dollars worth of gov tokens are delegated in DAO governance and unable to participate in DeFi.

What if you could do both?

Now you can with Delegate Vaults πŸ”₯

πŸ§΅πŸ‘‡ https://t.co/GlNuPiRZPg
β€” Open Dollar (@open_dollar)
Jul 19, 2024
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πŸ•ΊDelegators: Delegate your gov tokens and simultaneously leverage them as collateral to take low-interest loans so you can participate in DeFi.

πŸ‘©β€βš–οΈDelegates: Gain more voting power, rally support for proposals, and unlock new value for your DAO.
β€” Open Dollar (@open_dollar)
Jul 19, 2024
How it works:

1️⃣ Deposit your governance tokens into a Delegate Vault
2️⃣ Borrow OD and participate in DeFi @CamelotDEX, @curvefi, @creditguild etc.
3️⃣ Your voting power is automatically delegated via your delegate vault πŸ“ˆπŸ—³οΈ
β€” Open Dollar (@open_dollar)
Jul 19, 2024
Leading to:
1️⃣Higher participation rates in governance
2️⃣Improved capital efficiency
3️⃣Increased decentralization
β€” Open Dollar (@open_dollar)
Jul 19, 2024
Your voices were heard loud and clear!

A forum proposal to add @pendle_fi PTs, rETH & wstETH as supported collaterals types to Open Dollar up!

Weigh in belowπŸ‘‡
https://t.co/wYcOYEe9Ws https://t.co/TNsj8V4pns
β€” Open Dollar (@open_dollar)
Jul 19, 2024
πŸ—³οΈ Cast a vote to Add GRT as a supported Collateral type to Open Dollar

πŸ“£ Voting closes at 10:17pm ET, June 21st

Cast your Vote πŸ‘‡
https://t.co/CkTuVJGDNJ https://t.co/E8yovAJfv1
β€” Open Dollar (@open_dollar)
Jul 20, 2024
The Gov Simulator cuts proposal review time from hours to minutes πŸ”₯
1️⃣ Test + submit proposals easily with an interactive UI
2️⃣ Ensure proposals are error-free and ready for implementation
3️⃣ Validate proposals quickly, spend more time building

Future of DAO governance is nowπŸ‘‡ https://t.co/gQMimts8dz
β€” Open Dollar (@open_dollar)
Jul 20, 2024
Why have just one when you can have both?

Delegate Vaults FTW πŸ™Œ https://t.co/3eqQzYr885
β€” Open Dollar (@open_dollar)
Jul 20, 2024
πŸ—³οΈ Don’t forget to vote on adding GRT as collateral to Open Dollar!

⏰ Voting period ends July 21st at 10:17pm ET

Cast your vote below πŸ‘‡
https://t.co/CkTuVJGDNJ https://t.co/nOj2gmNNbY
β€” Open Dollar (@open_dollar)
Jul 21, 2024
Work smarter, not harder with Delegate Vaults🧠

πŸ’ͺDelegates: Empower gov token holders to gain access to leverage
πŸ’°Delegators: Borrow stablecoins against gov tokens + participate in DeFi

Register belowπŸ‘‡ https://t.co/9kqN3PfxpY
β€” Open Dollar (@open_dollar)
Jul 22, 2024