🗳️ Cast a vote to add @pendle_fi PT-rETH & PT-wstETH as supported collaterals to Open Dollar!
📣 Voting closes at 3:42am ET, July 28th
Cast your Vote👇
https://t.co/H934yIRcI4 https://t.co/cfgdj8N5Vy
— Open Dollar (@open_dollar)
Jul 26, 2024
📣 Voting closes at 3:42am ET, July 28th
Cast your Vote👇
https://t.co/H934yIRcI4 https://t.co/cfgdj8N5Vy
— Open Dollar (@open_dollar)
Jul 26, 2024
Tally
Open Dollar | New vault types PT-rETH-26JUN2025 PT-wstETH-26JUN2025
Voting to turn on our PI controller is live 🔥
The PID (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage opportunities
3️⃣ Prevents… https://t.co/AQpRGlzID0 https://t.co/rpc8OH135z
— Open Dollar (@open_dollar)
Jul 26, 2024
The PID (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage opportunities
3️⃣ Prevents… https://t.co/AQpRGlzID0 https://t.co/rpc8OH135z
— Open Dollar (@open_dollar)
Jul 26, 2024
X (formerly Twitter)
Open Dollar (@open_dollar) on X
Voting to turn on our PI controller is live 🔥
The PID (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage…
The PID (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage…
Voting to turn on our PI controller is live 🔥
The PI (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage opportunities
3️⃣Prevents… https://t.co/FxlVivCGlC https://t.co/1YRGA7R8Or
— Open Dollar (@open_dollar)
Jul 26, 2024
The PI (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage opportunities
3️⃣Prevents… https://t.co/FxlVivCGlC https://t.co/1YRGA7R8Or
— Open Dollar (@open_dollar)
Jul 26, 2024
X (formerly Twitter)
Open Dollar (@open_dollar) on X
Voting to turn on our PI controller is live 🔥
The PI (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage…
The PI (Proportional Integral) controller adjusts the redemption rate of OD to maintain OD price stability
The PI controller:
1️⃣ Aligns market price with OD target peg
2️⃣ Automatically creates arbitrage…
Check out our docs to learn more📖🙇♂️ https://t.co/0HLowbC2Bq
Ask questions in our discord⁉️
https://t.co/5T3kL49t49
— Open Dollar (@open_dollar)
Jul 26, 2024
Ask questions in our discord⁉️
https://t.co/5T3kL49t49
— Open Dollar (@open_dollar)
Jul 26, 2024
Opendollar
PID Controller | Open Dollar Docs
The PID (Proportional-Integral-Derivative) controller within the Open Dollar protocol plays a key role in maintaining the stability of the OD stablecoin.
👍1
Holding @pendle_fi PT tokens? Now you can open a CDP and continue building your position however you want.
Just want leverage only? Check out our competitor @marginlycom https://t.co/o9xhlAGrOm
— Open Dollar (@open_dollar)
Aug 1, 2024
Just want leverage only? Check out our competitor @marginlycom https://t.co/o9xhlAGrOm
— Open Dollar (@open_dollar)
Aug 1, 2024
Market: 1 OD = $1.00
Protocol: 1 OD = $1.0087
Even more stability measures are coming https://t.co/Xw5zSY254x
— Open Dollar (@open_dollar)
Aug 13, 2024
Protocol: 1 OD = $1.0087
Even more stability measures are coming https://t.co/Xw5zSY254x
— Open Dollar (@open_dollar)
Aug 13, 2024
Borrowers should buy OD so the redemption rate goes down. https://t.co/li8wZo4Fco
— Open Dollar (@open_dollar)
Aug 21, 2024
— Open Dollar (@open_dollar)
Aug 21, 2024
X (formerly Twitter)
Reflexer (@reflexerfinance) on X
Controller Rate Update 🗿
- Reflexer: 7.996%
- @letsgethai: 25%
- @open_dollar: 29.045%
- Reflexer: 7.996%
- @letsgethai: 25%
- @open_dollar: 29.045%
Open Dollar founder, @CupOJoseph, took the main stage for a keynote on building stable currencies at ETH Tokyo today.
The energy in this room is incredible! https://t.co/VTHIBfUkW1
— Open Dollar (@open_dollar)
Aug 24, 2024
The energy in this room is incredible! https://t.co/VTHIBfUkW1
— Open Dollar (@open_dollar)
Aug 24, 2024
X (formerly Twitter)
ETHTokyo '25 @ Sep. 12-15 (♦️,🗼) (@Ethereum_JP) on X
We’re Kicking Off Day 2 of #ETHTokyo with a fantastic talk on how to build the next generation of Stablecoins by @CupOJoseph 🪙
Liquity V2 (an upcoming decentralized stablecoin) codebase is live so we can share this: their CDP uses the same Non-Fungible Vault design as Open Dollar.
That means Liquity V2 and Open Dollar vaults could each be traded as NFTs. 👀 https://t.co/z2uVNeeKeJ
— Open Dollar (@open_dollar)
Sep 4, 2024
That means Liquity V2 and Open Dollar vaults could each be traded as NFTs. 👀 https://t.co/z2uVNeeKeJ
— Open Dollar (@open_dollar)
Sep 4, 2024
Read more about Non-Fungible Vaults:
https://t.co/w0xxqRRNnP
— Open Dollar (@open_dollar)
Sep 4, 2024
https://t.co/w0xxqRRNnP
— Open Dollar (@open_dollar)
Sep 4, 2024
Opendollar
Open Dollar | Vaults
Open Dollar is a stablecoin protocol built on Arbitrum designed to help you yield and leverage your assets with safety and predictability.
Time to top up those risky vaults. Stay safe, friends. https://t.co/ZDSSWt1xdK
— Open Dollar (@open_dollar)
Sep 7, 2024
— Open Dollar (@open_dollar)
Sep 7, 2024