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OpenEden Documentation
OpenEden Documentation
  • 👋Welcome To OpenEden
  • 🔵TBILL
    • Introduction
    • Product Structuring
    • Investor Onboarding
    • Subscriptions
    • Redemptions
    • Fees
    • Token Price
    • Risks
    • Trust & Transparency
    • Smart Contract Addresses
    • On-chain Governance & Controls (I)
    • Off-chain Governance & Controls (II)
    • FAQ
    • Legal
      • User Agreement
      • AML/CFT Policy
      • Cookie Policy
      • Electronic Signature Policy
      • Privacy Policy
  • 🟣USDO
    • Introduction
      • Product Structuring
      • Bankruptcy Remoteness
      • USDO Reserves
      • Eligibility
        • Prohibited Jurisdictions
        • Onboarding Steps
      • Service Providers
    • USDO Token
      • Minting Workflow
      • Redemption Workflow
      • Cut-Off Time
      • Bonus Multiplier
      • Fees
      • Reserve Assets
    • cUSDO Token
    • Collateralization Ratio
    • Transparency
    • Risks
      • Smart Contract Risk
    • FAQs
    • Developers
      • Integration Guide
      • Contracts
    • Legal
      • User Agreement
      • Cookie Policy
      • Electronic Signature Policy
      • Privacy Policy
    • Guides
      • USDO Instant Mint via Etherscan
      • USDO Redemption via Etherscan
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  1. USDO

Introduction

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Last updated 29 days ago

The OpenEden OpenDollar ("USDO") is a rebasing yield-bearing stablecoin issued by OpenEden Digital ("OED"), a Bermuda Monetary Authority ("BMA") licensed digital asset issuer. OED is a wholly owned subsidiary of OpenEden Group ("OEG"). The value of USDO is fixed at $1, providing stability to its holders while offering a yield on the underlying reserve assets.

USDO rebases daily, which allows holders to earn yield generated from reserves backed by U.S. Treasury bills and reverse repurchase agreements. This unique mechanism ensures that USDO maintains a stable value while distributing yield to token holders.

USDO is available in two token formats, each accruing value differently:

Token

Balances

Price

Rebases Daily

Fixed at $1

Constant

Increases over time

🟣
USDO
cUSDO