Project Overview

A cross-chain layer 2 stable assets issuance platform for greater DeFi

The OINDAO is a cross-chain decentralized stable coin issuance platform based on Ethereum. Different from an existing strategy where whitelisted assets are all staked or leveraged to issue one universal stablecoin, OINDAO is aiming to build a multi-function stablecoin issuance platform enables projects to issue their own stablecoin autonomously by collateralizing their native tokens. This will not only allow the projects a direct onramp to a defi platform and serve the needs of the investors and projects with staking, leverage, and stablecoin, but also bring them onto the OINDAO platform. The value of OIN token is supported by the voting right to govern the platform and transaction fee sharing.