Bimoo

See you at FarHack in Singapore ✌️🇸🇬

Another day another Dollar 💸

What collaterals do you want to be able to deposit and take OD loans against with Open Dollar?

wrong answers only 😁

Coming soon, the first governance simulator with an interactive UI

1️⃣ Easily submit on-chain proposals
2️⃣ Preview their effects on the protocol
3️⃣ Reduce error rates and streamline product upgrades

💪 Our devs are cooking to make DeFi faster, safer, and more powerful
https://x.com/open_dollar/status/1811846105245577445

Create vaults instantly w/ frames 👀

Get on the train, it's not too late $OD $ODG 🚅

Create a vault, unlock them dollars 💸
https://app.opendollar.com/vaults/create

🆕 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!

🔗 https://commonwealth.im/open-dollar-governance/discussion/23828-collateral-expansion-to-weth-link-and-grt

🌉 It’s easier than ever for Open Dollar users to move funds to @Arbitrum with our new, in-app bridge!

Currently supporting our accepted collaterals and $ETH on the following chains:

⚪️ @Ethereum 🔴 @Optimism 🔵 @Base 🟣 @0xPolygon

📺 Tune in tomorrow to learn about our new co-incentivized OD pool on @CreditGuild!

🔔 Set reminders here 👇

https://x.com/i/spaces/1OyKAWWkEkLJb

Proposal passed! ✅

Integration is underway, keep an eye out for an upcoming announcement when it goes live with full details.

📊Vote results: https://gov.opendollar.com/dao/proposal/18058181889678192205442380079880499152376182558252764923243143927444290837497

🆕 A new proposal is live on the Open Dollar DAO!

If passed, this will result in a new OD lending pool on Credit Guild with incentives of OD and GUILD tokens.

🗳 Vote here: https://gov.opendollar.com/dao/proposal/18058181889678192205442380079880499152376182558252764923243143927444290837497

⚡️Snapshot voting for Treasury Backed Vaults is live!

🗣 Tell your fellow ARB holders and delegate friends to vote on this important proposal!

🗳 Vote here 👇
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xa220a80bf17a91c1c67b2c9de430ba0349c5122413644e1df49d34d19c1413bb

⚡️Snapshot voting for Treasury Backed Vaults is live!

🗣 Tell your fellow ARB holders and delegate friends to vote on this important proposal for Open Dollar!

🗳 Vote here 👇
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xa220a80bf17a91c1c67b2c9de430ba0349c5122413644e1df49d34d19c1413bb

Wow, that was fast! 🏎💨

We just submitted this request less than 12 hours ago, and we already have results!

Thanks @coingecko for updating our $ODG token information so quickly!

https://www.coingecko.com/en/coins/open-dollar-governance

🦄Uniswap’s progression from V2 ➡️ V4, capital efficiency💰, and ALMs ⚙️

Tune in tomorrow to learn about these and more with an industry leader in liquidity management and our partner of choice powering our Nitro Pool: Gamma Strategies

🔔Set your reminder👇
https://x.com/i/spaces/1RDGllgnYLDGL

🗓 May was an exciting month for us!

See what the Open Dollar team has achieved in our latest blog, and check your inboxes for our newsletter for a glimpse at the month ahead! 📬

https://www.opendollar.com/blog/open-dollar-may-highlights

Open Dollar has crossed the $1M milestone in Total Value Locked! 🥳

Thank you to our amazing community and earliest mainnet users for helping us transform the DeFi industry 🌐

View our stats here: https://app.opendollar.com/stats

The proposal for Short Term Liquidity Incentives has passed!

Nitro liquidity incentives for the OD/ETH pool on Camelot will go live tomorrow, full details will be released in an announcement to follow

https://gov.opendollar.com/dao/proposal/86549330549596934633786813138241122607445294915820292717599552006921309750071

Thesis:

In the long run arbitrum will become more popular than optimism because it is more fun to say.

Arbitrum. A R B I T R U M.. arbi arbi arbitrum

Arbitrum is the best roll up by far. But the ARB token has been cursed in the past.

Here's my plan to run it back turbo:
Everyone deposits their ARB in open dollar, borrows stablecoins against it at 5%, and buys more ARB.

📈 DeFi is heating up! Total Value Locked (TVL) surged 85% in Q1, reflecting the growing adoption and activity within the Ethereum ecosystem.

More assets locked = more liquidity, fueling the DeFi revolution!

Source: https://coinbase.bynder.com/m/30e9d76a4724893b/original/Guide-to-Crypto-Markets-Q2-2024.pdf

Join our CEO, @CupOJoseph, on a Community Call with @Rocket_Pool on their Discord, hosted by @drjasper_eth!

Now that we’re live on mainnet, it’s time to formally introduce Open Dollar to our good friends in the Rocket Pool community 🌊

May 14th, 16:00 UTC

https://discord.gg/R5CfzQcp?event=1238502861499793419

Learn how to create your first vault in under 90 seconds! ⏰

This quick video guide covers the basics of vault creation, depositing collateral, and borrowing $OD.

🎥 Watch now: https://vimeo.com/941409534

If you need help or have any questions, we’re happy to assist in our Discord 👋

🌟 Shoutout to Ivan and Jacob from Open Dollar for their amazing presentation at GovHack ETH Denver!

They delved deep into what Open Dollar offers and demonstrated the app in action 🚀

Watch the full presentation here: https://youtu.be/nhwxlYDO6KU

Try the Open Dollar App today! https://app.opendollar.com/