Difference between revisions of "Ondo Finance (ONDO)"
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==Basics== | ==Basics== | ||
*Based in: | *Based in: | ||
*Started in / Announced on: | *Started in / Announced on: [https://www.theblock.co/post/156116/ondo-finance-raises-10-million-in-public-token-sale?utm_source=twitter&utm_medium=social 2021] | ||
*[[Testnet]] release: | *[[Testnet]] release: | ||
*[[Mainnet]] release: | *[[Mainnet]] release: | ||
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==Token== | ==Token== | ||
===Launch=== | ===Launch=== | ||
* Ondo Finance has raised $10 million in a [[token]] sale via [[CoinList]]. Around 2% of ONDO's total supply was offloaded through the sale, Nathan Allman, co-founder and CEO of Ondo Finance, [https://www.theblock.co/post/156116/ondo-finance-raises-10-million-in-public-token-sale?utm_source=twitter&utm_medium=social told] [[The Block]] (6-7-2022). | |||
===Token Allocation=== | ===Token Allocation=== | ||
===Utility=== | ===Utility=== | ||
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*[[Latency]]: | *[[Latency]]: | ||
===How it works=== | ===How it works=== | ||
* [https://www.theblock.co/post/156116/ondo-finance-raises-10-million-in-public-token-sale?utm_source=twitter&utm_medium=social From] [[The Block]] (6-7-2022): | |||
''"The products, known as "vaults," offer fixed and variable yields. Depositors in fixed yield vaults receive a fixed percentage of yield over their initial investment. Depositors in variable yield vaults receive all excess returns after the fixed yield vaults receive their payout."'' | |||
===Fees=== | ===Fees=== | ||
===Upgrades=== | ===Upgrades=== | ||
| Line 55: | Line 63: | ||
===Team=== | ===Team=== | ||
*Full team can be found [here]. | *Full team can be found [here]. | ||
*Nathan Allman; co-founder | |||
*Ondo was [https://www.theblock.co/post/156116/ondo-finance-raises-10-million-in-public-token-sale?utm_source=twitter&utm_medium=social founded] by Allman and Pinku Surana — two former [[Goldman Sachs]] employees | |||
===Funding=== | ===Funding=== | ||
* Had a [https://twitter.com/TheBlock__/status/1519331478265606146 $20 million Series] A led by [[Peter Thiel]]'s [[FoundersFund|Founders Fund]] (27-4-2022). | * Ondo Finance has raised $10 million in a token sale via [[CoinList]] (6-7-2022). | ||
*Had a [https://twitter.com/TheBlock__/status/1519331478265606146 $20 million Series] A led by [[Peter Thiel]]'s [[FoundersFund|Founders Fund]] (27-4-2022). | |||
===Partners=== | ===Partners=== | ||
Revision as of 16:03, 11 July 2022
Ondo Finance is a decentralized investment bank, offering structured products such as tranched liquidity provision vaults, and in conjunction with Fei Protocol, liquidity-as-a-service (LAAS) solutions for DAOs wishing to rent their liquidity.
Basics
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
- Ondo Finance has raised $10 million in a token sale via CoinList. Around 2% of ONDO's total supply was offloaded through the sale, Nathan Allman, co-founder and CEO of Ondo Finance, told The Block (6-7-2022).
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on:
- Programming language used:
Transaction Details
How it works
"The products, known as "vaults," offer fixed and variable yields. Depositors in fixed yield vaults receive a fixed percentage of yield over their initial investment. Depositors in variable yield vaults receive all excess returns after the fixed yield vaults receive their payout."
Fees
Upgrades
Mining
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
- Nathan Allman; co-founder
- Ondo was founded by Allman and Pinku Surana — two former Goldman Sachs employees
Funding
- Ondo Finance has raised $10 million in a token sale via CoinList (6-7-2022).
- Had a $20 million Series A led by Peter Thiel's Founders Fund (27-4-2022).
Partners
(:
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