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Unlock the value of your tokens1-10 Employees
  • B2C
  • Early Stage
    Startup in initial stages
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Unlock the value of your tokens
Open Dollar ($OD) is a more flexible and powerful governance-minimized stablecoin that seeks to dampen volatility of Liquid Staking Tokens (LST) and boost liquidity between tokens while providing a new tradable vaults primitive. LSTs are the most important yield bearing assets in DeFi, with predictable long term rewards. Long term LST holders wish to access the value of their tokens without selling their assets or missing out on yield. LSTs and other assets can be locked into Collateralized Debt Positions (CDP) via Non-Fungible Vaults (NFVs) in order to borrow the $OD stablecoin. As the first CDP protocol with NFVs, new use cases can be built on Open Dollar, for example an NFT marketplace that automatically sells a vault position before it is liquidated. Governance minimization prevents long term centralized capture of the protocol and creates better security guarantees for users.
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Sascha Mombartz
Avatar for Sascha Mombartz
I'm a brand and product designer with a passion for systems thinking. Over the past 10 years I’ve helped corps and early stage project create clear, concise and actionable products across a wide range of verticals from healthcare to fintech.
Joseph Schiarizzi
Avatar for Joseph Schiarizzi
CEO and Founder of Open Dollar Previously an Engineer at OpenSea, Gitcoin, ConsenSys, Airbus, Discovery.
Jacob Habib
Avatar for Jacob Habib
Valuation

$15M

Funded over

1 round

Latest round

Seed (Jan 2023)

Healthcare benefits

Equity benefits

Remote friendly

Generous vacation

Wellness benefits

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