A New Era of Financial Inclusivity Onchain
The Ondo Foundation’s mission is to usher in a new era of financial inclusivity and market efficiency through onchain institutional-grade financial products and services.
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Ecosystem
Explore the robust ecosystem of the future of finance. Unleash financial inclusivity and efficiency onchain.
Ondo Finance
The market leader in the tokenization of real world assets (RWA)
Flux Finance
The leading DeFi protocol supporting tokenized RWAs, governed by Ondo DAO
The Ondo Ecosystem is supported by a diverse range of institutional and crypto-native partners and service providers
Governance
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Insights
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What is the Ondo Foundation?
The Ondo Foundation (formerly known as the Neptune Foundation) was founded in 2022 as an independently governed and nonprofit Cayman Islands Foundation Company with no beneficial owners. The Ondo Foundation assisted in the launch of the Ondo DAO, which deployed and currently governs Flux Finance, the first lending protocol supporting tokenized securities as collateral.
What is the Foundation's mission?
The Ondo Foundation has a mission
of democratizing access to institutional-grade finance. We are focused on supporting
decentralized protocols like Flux, participating in the Ondo DAO community and, more recently,
supporting tokenized real world assets like USDY.
Notably, the Ondo Foundation,
through its subsidiaries, owns 99% of the common equity in Ondo USDY LLC, the issuer of USDY.
The Ondo Foundation therefore benefits from the growth of USDY and uses proceeds from this
growth in furtherance of its mission.
On which key areas does the Foundation focus?
Ondo Foundation’s mandate is focused on several key areas:
- Supporting Innovation: Financing and endorsing projects that responsibly advance the adoption of tokenized real world assets and their use in onchain financial protocols.
- Educating and Promoting Awareness: Increasing public understanding of our ecosystem and the benefits of asset tokenization.
- Treasury Management: Overseeing a treasury to facilitate strategic ecosystem growth.
- Contract Deployment: Issuing governance tokens and deploying protocol smart contracts.
- Web Application Management: Hosting web applications for certain platforms in the ecosystem.
- Strategic Partnerships and Engagement: Collaborating with businesses, regulators, and other stakeholders.
- Intellectual Property Management: Acquiring and handling IP rights.
- Community Events and Engagement: Organizing events to strengthen community ties.
The Ondo Foundation also works with Ondo Finance as a commercial partner that is focused on the provision of certain technology and business development services and the management of certain tokenized real world assets like USDY.
What is the ONDO Token?
In mid-2022, Ondo Foundation, through its subsidiaries, sold ONDO tokens to over 18,000 individuals through CoinList. ONDO token holders are entrusted with shaping the future of the Ondo DAO so that it continues to pursue its mission to democratize access to institutional-grade finance. The Ondo DAO gives ONDO holders specific rights pertaining to Flux Finance, which is currently governed by the Ondo DAO.
What is the Ondo Ecosystem?
The Ondo Ecosystem encompasses the full set of partners working with or affiliated with the Ondo Foundation that are aligned with the mission of bringing institutional-grade financial products and services to everyone. Contributors to the Ondo Ecosystem include developers, educators, researchers, partners, and strategic contributors.
Few projects are marrying the innovation of DeFi with the ubiquity & trust of traditional financial assets via RWA like Ondo and Flux Finance.
@MMInstitutional
Unlocking $ONDO: A Proposal from the Ondo Foundation. The Ondo Foundation is thrilled to present our proposal to release $ONDO tokens from the global lock-up, a major step in aligning our community toward a future of open, transparent, and efficient global finance...
@OndoFoundation
If you're building RWA-focused crypto products, follow @OndoFinance's lead - integrate with blockchains that have action and liquidity. Focus on market demand and PMF, prioritize nimbleness and interoperability. Flow with the money.
@g_djuric
Well there's $135B of tokenized dollars that are already being permissionlessly composed into applications today @FluxDeFi takes an interesting approach to enabling yield on permissioned assets (treasuries) to flow to permissionless assets (USDC)
@ChainLinkGod
The integration of Real World Assets into DeFi is critical for retail and institutional adoption. Perhaps just importantly, it enables on-chain users to gain access to the risk-free rate, earning yields between 4-8%, without leaving the Web3 space. Excellent work by @OndoFinance
@Mega_Fund
1/ Will the #RealWorldAssets please stand up? Capitalizing on more appealing Treasury yields, several protocols have emerged that aim to bring off-chain yields onto the blockchain. @FTI_US' Government Money Market Fund & @OndoFinance's OUSG stablecoin are most notable. 🧵
@MessariCrypto
Ingenious idea! Compound V2 fork with OUSG (permissioned short dur USTs), DAI and USDC. KYCed entities can leverage with OUSG to provide TradFi yield to DAI/USDC depositors. What you get is a virtually unlimited sink of 2-3% permissionless yield in DeFi. More of this!!
@hexonaut
Few projects are marrying the innovation of DeFi with the ubiquity & trust of traditional financial assets via RWA like Ondo and Flux Finance.
@MMInstitutional
Unlocking $ONDO: A Proposal from the Ondo Foundation. The Ondo Foundation is thrilled to present our proposal to release $ONDO tokens from the global lock-up, a major step in aligning our community toward a future of open, transparent, and efficient global finance...
@OndoFoundation
If you're building RWA-focused crypto products, follow @OndoFinance's lead - integrate with blockchains that have action and liquidity. Focus on market demand and PMF, prioritize nimbleness and interoperability. Flow with the money.
@g_djuric
Well there's $135B of tokenized dollars that are already being permissionlessly composed into applications today @FluxDeFi takes an interesting approach to enabling yield on permissioned assets (treasuries) to flow to permissionless assets (USDC)
@ChainLinkGod
The integration of Real World Assets into DeFi is critical for retail and institutional adoption. Perhaps just importantly, it enables on-chain users to gain access to the risk-free rate, earning yields between 4-8%, without leaving the Web3 space. Excellent work by @OndoFinance
@Mega_Fund
1/ Will the #RealWorldAssets please stand up? Capitalizing on more appealing Treasury yields, several protocols have emerged that aim to bring off-chain yields onto the blockchain. @FTI_US' Government Money Market Fund & @OndoFinance's OUSG stablecoin are most notable. 🧵
@MessariCrypto
Ingenious idea! Compound V2 fork with OUSG (permissioned short dur USTs), DAI and USDC. KYCed entities can leverage with OUSG to provide TradFi yield to DAI/USDC depositors. What you get is a virtually unlimited sink of 2-3% permissionless yield in DeFi. More of this!!
@hexonaut