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Ideal Collateral for Decentralized Lending

Flux Finance’s introduction of DeFi loans collateralized by US Treasuries represents a groundbreaking development for the crypto industry.  Why is this, and how does lending against US Treasuries collateral compare to lending against other types of crypto collateral, such as Bitcoin or stablecoins?  Before delving deeper, let's revisit what

Bringing Money Market Funds On-Chain

Just over two months ago, we launched the world’s first tokenized US Treasuries exposure in OUSG, bringing the risk-free rate on-chain. Our initial focus has been to use OUSG to help large stablecoin holders more easily tap into Treasuries. We also fostered early on-chain utility for OUSG by developing

Bond ETFs vs Direct Bond Exposure in Tokenized Products

The Ondo Short-Term Investment Grade Bond Fund (OUSG) invests its assets into the Blackrock’s iShares Short Treasury Bond ETF (SHV), a more than $23 billion ETF that trades several hundred million dollars a day, in order to deliver tokenized U.S. Treasuries exposure with direct stablecoin onramp and offramp

Welcome Justin Schmidt, Ondo's new President and COO

I am thrilled to announce that Justin Schmidt is joining Ondo as our President and COO. Justin joins us with an over 19-year track record in financial services including as Head of Digital Assets at Goldman Sachs, where he spearheaded the firm’s overall digital asset strategy, and as Head

Announcing Tokenized US Treasuries and Bonds

I am delighted to announce that Ondo is bringing the risk-free rate on-chain. We have launched a tokenized fund that allows stablecoin holders to invest in bonds and US Treasuries, making traditional capital markets more accessible to investors who collectively hold more than $100 billion of non-yield-bearing stablecoins. Investors will

Ondo Token Sale On CoinList Drives Over 18,000 New Token Holders

We are excited to announce the sale of ONDO tokens via CoinList to over 18,000 purchasers. Over $10MM was raised via the sale across two tranches at a weighted average network valuation of $525MM. The success of the sale in these turbulent market conditions is a testament to the

Ondo Bi-Monthly Recap | Apr-May 2022

Welcome to the very first edition of our bi-monthly recap. We first released this content via email, so please subscribe here if you don’t want to miss our latest updates! Announcements 📣 Coinlist We were delighted to share the launch of the Ondo token and DAO governance, via initial listing

Introducing agEUR-as-a-Service with Angle & Paladin

On April 30, the Angle community approved a partnership with Paladin to utilize Ondo’s Liquidity-as-a-Service offering. This partnership will enable the use of $agEUR as liquidity for $PAL. Angle will become the first project to utilize Liquidity-as-a-Service with a euro-pegged stablecoin. Angle’s approval follows an initial proposal by

Ondo Raises $20M in Series A investment round led by Founders Fund and Pantera Capital

We’re delighted to announce that Ondo Finance has raised $20M in Series A funding to accelerate the adoption of DeFi through the servicing of key stakeholders, including decentralized autonomous organizations (DAOs), institutions, and retail investors. The equity round was led by Peter Theil’s Founders Fund, and Pantera Capital.

AMP to utilize FRAX-as-a-Service from Ondo Finance

Amp has joined FRAX-as-a-Service to establish a brand new ~$20m FRAX-AMP liquidity pool on Uniswap by utilizing Ondo Finance vaults. This will be the deepest $AMP liquidity pool on any DEX. Amp will provide $10m worth of $AMP to the Ondo vault, with Frax providing the stablecoin side of the

Introducing FRAX-as-a-Service

We’re excited to announce that Frax’s governance process has approved a partnership with Ondo! This partnership will build on Ondo’s Liquidity-as-a-Service offering and enable the use of $FRAX (provided by the protocol itself) as liquidity for token issuers. Based on the design of the proposal, a portion

The Limits of Liquidity Mining

By Justin Bram Background on Liquidity Mining At a high level, Liquidity Mining is a way for a protocol to bootstrap its growth and liquidity by rewarding users with tokens for providing liquidity or other services for the protocol. Why do projects want to increase liquidity in their own tokens?

Introducing Flipped Vaults

Introducing Flipped Vaults! Ondo’s new flipped vaults allow users to choose which assets to receive fixed yield or variable yield exposure in. Today’s vaults will be the first time Ondo is offering flipped vaults to the community. Ondo and the BitDAO community are pleased to offer two new

Introducing Fei-as-a-Service with $100M in Committed Capital

Ondo Finance and Fei Protocol have partnered with several cutting-edge DeFi protocols to help them increase their decentralized exchange liquidity. The Liquidity-as-a-Service (“LaaS”) offering allows protocols to phase out longstanding liquidity mining campaigns, which many argue is unsustainable, costly, and leads to unwanted volatility. Fei’s initial commitment of $50M

Aggregation Theory & Value Capture in DeFi

By Gabriel Bianconi I’m excited to join Ondo Finance as the Chief Product Officer. Nathan — Ondo’s CEO and founder — is a long-time friend I really respect. I was fortunate to make a small angel investment in Ondo’s seed round, and now I’m doubling down by becoming

Ondo Finance Admin Actions

Dear Ondo Finance community, This past week we discovered a subtle bug in an audited contract that manages Sushiswap vaults for ETH/CVX and ETH/YGG. All customer funds are safe. All funds will be available to withdraw at the conclusion of these vaults’ 30 day terms. This bug required

Introducing Ondo Yield Guild Vaults

Bridging NFT and DeFi communities We are excited to announce a new partnership with Yield Guild Games, a pioneer in the NFT and gaming space that is bringing players together to earn yield via NFT games. For those new to our community, Ondo is building a suite of on-chain banking

APY Calculations Methodology

There are so many ways to calculate projected APY, after all estimating the future is hard! In this post we will briefly go over our methodology for calculating APYs. Upcoming Vaults To calculate the APY for upcoming vaults we take the previous 7 day yield and extrapolate that for the

Ondo Raises $4M to Balance Risk and Reward for the DeFi Ecosystem

We’re excited to announce today that Ondo Finance has raised $4M in funding to accelerate the growth of DeFi by offering tailored returns to investors with a wide array of risk preferences. The equity round was led by Pantera Capital with participation from Genesis, Digital Currency Group, CMS, CoinFund,

Analyzing Return Scenarios

Case Study using Ondo Alchemix Vaults Introduction We often get asked how to compare yields for different farms and how they might compare with the Ondo Tranches. We noticed that this is not always straightforward, so we have created a tool to help you with this analysis. The breakeven yield

Introducing Ondo Finance

Risk Management Meets DeFi Welcome to Ondo, a DeFi protocol built to balance risk appetite against yield for every type of DeFi user. Today we are excited to announce Ondo Finance. Ondo is a permissionless protocol built to accelerate decentralized finance (“DeFi”) adoption among mainstream investors by enabling the granular