Ondo Finance
ONDO
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Ondo Finance is a pioneering DeFi (Decentralized Finance) platform with a focus on integrating traditional finance (TradFi) and decentralized finance. The organization believes in a future where these two worlds merge, with public blockchain technology as the underlying foundation. Ondo Finance is establishing itself as a leader in the tokenization of real-world assets (RWAs), which is a significant step in bridging the gap between on-chain and off-chain financial systems. With its innovative approach, Ondo Finance has already managed to capture a notable market share in tokenized securities, illustrating the success and potential of its vision.
Ondo Finance has made significant strides in the tokenization of real-world assets, offering products like USDY, an interest-bearing stablecoin, and OUSG Fund, which provides exposure to short-term US Treasuries. The platform also supports Flux Finance, a decentralized lending protocol for tokenized securities. These products demonstrate Ondo Finance's commitment to providing institutional-grade financial products on public blockchains, catering to both individual and institutional investors. The integration of traditional financial assets onto blockchain platforms is a core part of Ondo Finance's strategy to democratize access to institutional-grade finance, making it more accessible to a global audience.
In 2024, Ondo Finance made significant strides in expanding its ecosystem and solidifying its position as a leader in the tokenization of real-world assets (RWAs). In collaboration with BlackRock and Securitize, Ondo became the first provider of tokenized US Treasuries to surpass $600 million in Total Value Locked (TVL). This milestone highlights Ondo’s growing influence in bringing institutional-grade financial products onto public blockchains.
Furthermore, Ondo's yield-bearing token USDY was integrated into the Cosmos ecosystem via Noble, allowing it to be accessible across more than 90 chains. This expansion has also included its launch on Aptos, where USDY is used in various DeFi applications, such as enhancing liquidity pools and acting as collateral in lending markets.
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Q&A about Ondo Finance Tokenomics
Explore the tokenomics of Ondo Finance(ONDO) and review the project details below.
What is the allocation for Ondo Finance(ONDO) ?
Community Access Sale: Approximately 2.0% of the total supply, equating to 198,884,411 ONDO tokens. These were sold to early community members through a sale facilitated on the CoinList platform.
Ecosystem Growth: Around 52.1% of the total supply, which amounts to 5,210,869,545 ONDO tokens. This allocation is set aside for growth incentives like airdrops and for contributors to the Ondo ecosystem, including developers, educators, researchers, and strategic contributors.
Protocol Development: Constituting 33.0% of the total supply, with 3,300,000,000 ONDO tokens allocated. This portion is dedicated to core contributors focused on developing infrastructure, products, and protocols to expand the Ondo ecosystem.
Private Sales: Making up 12.9% of the total supply, or 1,290,246,044 ONDO tokens. This category represents funding rounds for strategic contributors who invested in Ondo Finance's equity rounds.
What is the supply schedule forOndo Finance(ONDO)?
Total Max Supply is 10,000,000,000 ONDO tokens, and Initial Circulating Supply is approximately 14.3%, amounting to 1,426,647,567 ONDO tokens. More than 85% of ONDO tokens are initially locked, with a gradual unlock planned at intervals of 12, 24, 36, 48, and 60 months after the initial token unlock, unlock details are as follow:
Community Access Sale: Participants in this sale through CoinList had a substantial portion of the initial circulating supply. These tokens were set to be released entirely from the global lock-up at the public launch.
Ecosystem Growth: 52.1% of the total supply, or 5,210,869,545 ONDO tokens, is allocated for ecosystem growth. 24% of these tokens were unlocked at the public launch, with the rest following the unlock schedule.
Protocol Development: 33.0% of the total supply, equating to 3,300,000,000 ONDO tokens, is for protocol development. All these tokens were locked for at least 12 months following the public launch, subject to the unlock schedule.
Private Sales: 12.9% of the total supply, or 1,290,246,044 ONDO tokens, represents funding rounds for strategic contributors. All these tokens were also locked for at least 12 months following the public launch, subject to the unlock schedule.
Ondo Finance Token Allocation
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Ondo Finance is a pioneering DeFi (Decentralized Finance) platform with a focus on integrating traditional finance (TradFi) and decentralized finance. The organization believes in a future where these two worlds merge, with public blockchain technology as the underlying foundation. Ondo Finance is establishing itself as a leader in the tokenization of real-world assets (RWAs), which is a significant step in bridging the gap between on-chain and off-chain financial systems. With its innovative approach, Ondo Finance has already managed to capture a notable market share in tokenized securities, illustrating the success and potential of its vision.
Ondo Finance has made significant strides in the tokenization of real-world assets, offering products like USDY, an interest-bearing stablecoin, and OUSG Fund, which provides exposure to short-term US Treasuries. The platform also supports Flux Finance, a decentralized lending protocol for tokenized securities. These products demonstrate Ondo Finance's commitment to providing institutional-grade financial products on public blockchains, catering to both individual and institutional investors. The integration of traditional financial assets onto blockchain platforms is a core part of Ondo Finance's strategy to democratize access to institutional-grade finance, making it more accessible to a global audience.
In 2024, Ondo Finance made significant strides in expanding its ecosystem and solidifying its position as a leader in the tokenization of real-world assets (RWAs). In collaboration with BlackRock and Securitize, Ondo became the first provider of tokenized US Treasuries to surpass $600 million in Total Value Locked (TVL). This milestone highlights Ondo’s growing influence in bringing institutional-grade financial products onto public blockchains.
Furthermore, Ondo's yield-bearing token USDY was integrated into the Cosmos ecosystem via Noble, allowing it to be accessible across more than 90 chains. This expansion has also included its launch on Aptos, where USDY is used in various DeFi applications, such as enhancing liquidity pools and acting as collateral in lending markets.