Verified OGs:
8
CryptoFam:
202
Projects:
25051
BTC:
$117906
-0.08%
ETH:
$2964.75
-1.26%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.75T
Fear&Greed:
79

Compounding OpenDollar CUSDO Logo
Compounding OpenDollar CUSDO
$1.02 0.02%
OG Score 34.99
Reviews 2
Compounding OpenDollar CUSDO Logo Compounding OpenDollar CUSDO Price
$1.02 0.02%
Low All Time High
$0.985919 $1.038
About Compounding OpenDollar

Compounding OpenDollar $CUSDO is a wrapped version of the USDO token, designed to maintain value stability and compatibility across various platforms. More

OG Score 34.99
Reviews 2
Market Cap $290.37M
Market Cap Rank # 246
Token Stats
Fully Diluted Valuation $290.37M
24H Trading Volume $1.26M
24H Low / High $1.02 / $ 1.02
Circulating Supply 284.60 M
Total Supply 284.60 M
Max Supply 0.00
Info
Categories Base Ecosystem 2 more
Founder Anonymous
Website openeden.com
Socials
Chains Ethereum Ecosystem 1 more
Explorer Ethplorer 3 more
Contracts Compounding OpenDollar 0xad5....3e7c0 1 more
CUSDO/USD Price Chart
Loading...

OG Evaluation

OG Score
OG Score Rank #829
Reviews 2
Gem Score 1.00
Innovation 42 .40
Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
Security 33 .60
Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
Community 0 .00
Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
Tokenomics 29 .15
Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
Team 36 .75
Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
Roadmap 33 .05
Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

OG Reviews

Markets

Name Pair OG Score

About Project

What is Compounding OpenDollar (CUSDO)?

In the evolving landscape of Decentralized Finance (DeFi), stablecoins play a pivotal role by providing price stability amidst the volatility of cryptocurrencies. Compounding OpenDollar $CUSDO emerges as an innovative solution tailored to address specific challenges associated with rebasing tokens like $USDO. By offering a wrapped version of USDO, $CUSDO ensures broader compatibility across platforms that may not support rebasing mechanisms.

Compounding OpenDollar $CUSDO is issued by OpenEden Digital (OED), a digital asset issuer licensed by the Bermuda Monetary Authority (BMA). This regulatory oversight ensures adherence to stringent standards, providing users with confidence in the token's legitimacy and operational integrity.

The value of $CUSDO is underpinned by high-quality, liquid reserves, primarily consisting of U.S. Treasury bills and reverse repurchase agreements. This robust backing enhances the token's stability and reliability, aligning with its goal of providing a secure stablecoin option within the DeFi space.

Key Features of Compounding OpenDollar $CUSDO

  1. Internal Yield Accumulation: Unlike $USDO, which distributes yield daily through rebasing, $CUSDO accumulates yield internally. This approach leads to an appreciation in the token's value over time, making it particularly suitable for platforms that require stable token values or have compatibility issues with rebasing tokens.
     
  2. Seamless Conversion: Users can effortlessly convert between USDO and $CUSDO at any time by interacting with the $CUSDO smart contract. This flexibility ensures that users can choose the token format that best suits their needs without compromising on yield or stability.
     
  3. Composability and Interoperability: $CUSDO is designed to be composable and interoperable, allowing it to integrate seamlessly with various DeFi protocols and platforms. This design enhances the token's utility and broadens its potential use cases within the DeFi ecosystem.

Detailed Use Cases of Compounding OpenDollar $CUSDO

  1. Enhanced Platform Compatibility: Some DeFi platforms and protocols may not support rebasing tokens due to technical constraints or design choices. $CUSDO addresses this limitation by offering a stable, non-rebasing alternative, enabling users to participate in a wider array of DeFi opportunities without compatibility concerns.
     
  2. Stable Collateral for Lending and Borrowing: In lending and borrowing platforms, stability and predictability of collateral value are crucial. $CUSDO provides a reliable collateral option, as its value appreciates internally without the fluctuations associated with rebasing, thereby reducing risks for both lenders and borrowers.
     
  3. Yield Optimization Strategies: Yield farmers and DeFi strategists can incorporate $CUSDO into their portfolios to optimize returns. By holding $CUSDO, users can benefit from its internal yield accumulation while leveraging its compatibility with various protocols to implement complex yield-generating strategies.

Conclusion

Compounding OpenDollar $CUSDO represents a significant advancement in the stablecoin sector of the DeFi ecosystem. By addressing compatibility issues associated with rebasing tokens and offering a stable, yield-bearing alternative, $CUSDO enhances user experience and broadens the applicability of stablecoins across various platforms. Its regulatory compliance, transparent backing, and user-centric features position $CUSDO as a valuable asset for participants seeking stability, yield, and versatility in their DeFi engagements.

What is unique about Compounding OpenDollar (CUSDO)?

$CUSDO accumulates yield internally, increasing in value over time, making it compatible with platforms that do not support rebasing tokens.

Who are the founders of Compounding OpenDollar (CUSDO)?

The specific founders of Compounding OpenDollar $CUSDO are not publicly disclosed.

Who are the backers/investors of Compounding OpenDollar (CUSDO)?

Compounding OpenDollar $CUSDO is issued by OpenEden Digital (OED), a digital asset issuer licensed by the Bermuda Monetary Authority (BMA).

Where can I buy Compounding OpenDollar (CUSDO)?

 Aerodrome (Base), Curve (Ethereum)

What are Compounding OpenDollar (CUSDO) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Compounding OpenDollar CUSDO. To access these ratings, evaluations, and comments, click here.

How to mine Compounding OpenDollar (CUSDO)? How can I stake Compounding OpenDollar (CUSDO)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Compounding OpenDollar (CUSDO)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Compounding OpenDollar (CUSDO) is ($284,597,084), max supply of Compounding OpenDollar  CUSDO is ($0) and the market cap of Compounding OpenDollar  CUSDO is ($290,370,059)

What is the Compounding OpenDollar (CUSDO) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Compounding OpenDollar (CUSDO)?

The current market price of Compounding OpenDollar (CUSDO) is $1. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Compounding OpenDollar (CUSDO) a good investment?

It is important to do comprehensive research before deciding whether Compounding OpenDollar (CUSDO) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Compounding OpenDollar CUSDO) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Compounding OpenDollar (CUSDO) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Compounding OpenDollar (CUSDO) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

Read More
Update

FAQ

OGAudit is the First Social Audit Platform for Web3 - Your Crypto Playbook!

  • Clear, easy-to-understand insights on popular crypto projects
  • News and updates on major protocols
  • Comprehensive token statistics and price data
  • Most trusted Cryptocurrency Exchanges
  • Expert evaluations and OG Scores on coins and exchanges
  • Uncensored user reviews!

Explore the Crypto Topics section to discover what OGs are discussing and gain insider knowledge on trending crypto topics.

There are many ways to conduct business in the crypto space, but we’ve chosen the most challenging path: shedding light on the unknown. Social media interactions and transaction volumes of exchanges and crypto assets can easily be manipulated by bots and whales, often misleading researchers and opening doors for scams by bad actors. Scammers have cost the crypto industry billions of dollars. Major red flags often slip past traditional technical or KYC audits, but OGAudit tackles this with its unique social auditing mechanism!

We believe in creating a safer, more thriving, and equal-opportunity crypto space for everyone. Our sole motivation is you 💗

We trust that authentic reviews from OGs will help you find the most reliable crypto exchanges and Web3 solutions you need! Additionally, we aim to simplify your crypto DYOR process with clear, up-to-date content.

OGs are the most experienced, reputable members of the crypto community, serving as independent auditors on the OGAudit platform.

Becoming an OG is not granted; it’s earned! Anyone with at least 1,000* days of on-chain experience and who adheres to OGAudit Community Guidelines can qualify as an OG.

The OG onboarding and rating mechanism is fully automated. OGs' wallet addresses and contributions are publicly verifiable on-chain**. The decentralized, permissionless, and transparent OGAudit consensus**, along with OGAudit Community Guidelines, ensures the elimination of spam and fraudulent content.

*500 days of on-chain experience qualifies you during the OGAudit Alpha! **to be Announced

 

Yes, it is—and all basic features will always remain free for personal use!🔥

Unfortunately, we do not have a token, and investing in the OGAudit platform is not an option. However, we greatly appreciate any donations!💗

If you meet the requirements and share our values, you can become a contributor to our community as an OG⭐️

By joining us, you'll help make crypto a safer place, earn rewards, perks, all while building your reputation along the way!⬆️

OGAudit is a collective movement of the crypto OG community. It has no affiliations with VCs, centralized exchanges, or other entities. Founded and funded by the Chief OG in 2023, OGAudit has been built by a dedicated team of crypto enthusiasts, researchers, web developers, and community leaders.💪

We have witnessed many market cycles, experienced the highs of the bull runs and the lows of the bear markets, and even faced rug pulls. Yet, we have remained resilient and are devoted to making Web3 accessible to everyone in the most secure way possible!

🚀