OpenDAO’s Stablecoin Minter is a powerful DeFi tool that allows you to unlock the value inherent in a variety of assets while earning more of those assets in the process.
It’s simple!
Stake LAND in the vaults to mint USDO → Supply USDO alongside LAND at a high native APY → Lend USDO to earn → Repay to unlock collateral. EASY!
Details Below
[STEP 1] Go to https://mint.opendao.io/
⚈ NOTE KEY DETAILS:
{2} Quick Links: Takes you to buy, add liquidity, and staking sites for the selected asset
{3} Your Info: Very important information about your position and assets
{4} Stablecoin Module: Stake, Mint, and Lend! This is where the action happens. See more below.
[STEP 3] Stake Asset
⚈ Click “Approve” and confirm in your wallet.
NOTE: For first time stakers, there will be TWO Metamask transactions — one to stake and another to enable collateral
The staking options should be active (highlight pink) by default
⚈ Enter the amount you’d like to stake, or click the “% or MAX” buttons
⚈ Click “SUBMIT”
You can disable collateral minting with the toggle above the submit button on the right
⚈ Your collateral is staked, and you can now start minting
[STEP 4] Mint USDO
⚈ Choose the top center tab — “Mint USDO”
⚈ The “Mint” subtab should be automatically selected
⚈ Click “APPROVE” — Confirm in wallet
⚈ Enter the quantity
⚈ Click “SUBMIT” — Confirm in wallet
⚈ NEW squeaky clean USDO! Cha-ching!
Hey USDO Holder!
With your newly minted USDO, you can supply liquidity to various LPs to earn trade fees. Once you’re an LP, stake in the auto-compounding farms to earn more.
INSTRUCTIONS BELOW!
NOTE: DO NOT exceed your “Mint Limit” + Remember that changing market prices may affect your limit too! DeFi wisely!
[STEP 5] Add USDO + LAND to a Liquidity Pool
This is how we get more of your favorite asset!
Let’s start by adding $LAND and $USDO to the Liquidity Pool.
⚈ Follow this link here to PancakeSwap or…
⚈ Click the “ADD LAND-USDO LP” button on the site.
⚈ You will now being earning fees whenever anyone uses the pool to go back and forth between LAND and USDO!
[STEP 6] Auto-compound LP Tokens for a High APY
⚈ Follow this link here to our partner Omni Consumer Protocols, or…
⚈ Click the “STAKE LAND-USDO LP FOR XXX% APY” button on the site.
Approve, Confirm, Deposit All, Confirm!
⚈ Congratulations!
Your USDO and LAND LP position is now auto-compounding, earning more of itself and reinvesting itself every 24 hours!
What does that mean?
❇️ No more daily rewards harvesting
❇️ No more wonky **** coin rewards
❇️ Yes, more APY!
Instead of seeing rewards, you should see your underlying deposited LP position increase, putting your tokens to work so you don’t have to… and with more of what you love!
[STEP 7] Lend USDO
This is a great option for those who want to put some stable coins to work! Probably after having been active in the pools for a while, or during a bear market!
⚈ Choose the top right tab — “Lend USDO”
⚈ The “Lend” subtab should be automatically selected
⚈ Enter the quantity
⚈ Click “SUBMIT” — Confirm in wallet
⚈ Start to EARN!
ABOUT USDO
USDO is an over-collateralized multi-collateral stablecoin pegged to the US dollar, thereby making stocks, real estate, crypto currencies, and nearly any real world asset a viable candidate as collateral for minting it.
One by one, assets are being added as approved collateral for minting our stablecoin, and over the next year, we can expect to see larger, more illiquid, and more ‘tangible’ assets added to our platforms.
Of course, USDO is also jam packed with utility and is available for use across a growing number of platforms. Read more here.
Welcome. You’re early!
Join us in OpenDAO Telegram to get the latest news too!
ABOUT LANDSHARE
Landshare is bringing real estate to the Binance Smart Chain, allowing you to invest fractionally in real world assets directly on the blockchain.
Each Landshare property’s ownership is represented by unique Asset Tokens that can be bought, sold, or traded from your BSC wallet.
Asset Token holders receive monthly rental yields and benefit from the appreciation of the underlying asset. Landshare investments are legally compliant, seamless, and provide access to the real estate market without ever leaving the blockchain.
ABOUT OpenDAO
OpenDAO (OPEN) is the home of the multi-collateral over-collateralized stablecoin, and we serve as a bridge for real-world assets to cross over into the growing DeFi infrastructure.
The goal is to bring more value into the space by providing exposure to real estate, stocks, and more… all in a uniquely permissionless and seamless manner.
Real world industries’ business models will be completely transformed as a result of our success.
Join our Telegram if you haven’t already! t.me/opendao
