USD Open Dollar price

USDO

USDO (USD Open Dollar) is a multi-collateral backed stablecoin by OpenDAO.

USDO takes the multi collateral and overcollateralized philosophy of DAI and scales it to support an ever growing collateral list of both crypto and real world assets in a permissionless manner

Whilst USDO’s purpose is simple, its ecosystem is rich and deep. Minters can participate in all stages of the minting lifecycle, from staking their assets right through to liquidity farming. New applications of USDO get added regularly.