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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
  2. USDO Token

Bonus Multiplier

The bonus multiplier is the key component behind the dynamic rebase mechanism of USDO balances which can be illustrated in the following balance formula of USDO:

USDOBalance=shares∗bonusMultiplierUSDO Balance= shares *bonusMultiplierUSDOBalance=shares∗bonusMultiplier

The bonus multiplier will be programmatically updated daily including weekends to give users a fair reflection of the interest earned at a predetermined rate set by OpenEden Digital (“OED”) the issuer of the USDO stablecoin. USDO token holders should expect to see their balances increase daily due to this adjustment in bonus multiplier.

Note: The APY will be preset by the issuer and may be adjusted periodically based on market conditions.

PreviousCut-Off TimeNextFees

Last updated 1 month ago

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