For a few months now, OpenDAO's platform has been running with some functions being beta tested and adjusted. The Open Market Protocol is open for you to deploy DAI and other stablecoins to earn a steady ~8-10% APY. After the governance token launch on November 26th, they enabled Liquidity Provider Staking on their website, and incentives have been active since then. Now, because of some concerns users had with security and trust, the team has decided to move their farming operations to Unicrypt.
The Liquidity Provider page is updated to include tabs for both the Unicrypt farms.
https://openlp.opendao.io
OpenDAO team has also chosen to lock their own liquidity tokens for 12 months to assure users that it will not be going anywhere.
ETH/OPEN: https://v2.unicrypt.network/pair/0x1ddf85abdf165d2360b31d9603b487e0275e3928
USDT/OPEN: https://v2.unicrypt.network/pair/0x507d84fe072fe62a5f2e1f917be8cc58bdc53ef8
Providing Liquidity for the $OPEN governance token will allow for it to be traded and distributed to people who can be involved in governance decisions down the line. When the team has released the OpenDAO stablecoin, it will be integrated into the existing systems, so that people who put new collateral assets on the blockchain via OpenDAO will receive the minted stablecoin, similar to MakerDAO's DAI.
https://info.uniswap.org/token/0x69e8b9528cabda89fe846c67675b5d73d463a916
Watch This Video!
"HOW TO: Stake Uni LP tokens from Uniswap at OpenDAO"
Read More!
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Website: https://opendao.io
Medium: https://medium.com/OpenDAO
Telegram: https://t.me/opendao
Whitepaper: https://www.opendao.io/Whitepaper-OpenDAO.pdf
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