OINDAO Token Emission Strategy Update

We are pleased to announce that our OINDAO system has made some significant updates to our token emission policies in order to provide a healthier tokenomic environment for our users.

With our growing list of accepted collateral as well as integrations into other platforms, such as farms and yield aggregators, time has come for us to pull back on our emissions to ensure we don’t go overboard. The OINDAO platform will continue to add the best yield farming strategies for our users, and through this change we will ensure the longevity of our user’s leveraged plays and the health of the OINDAO ecosystem.

OINDAO’s New Emission Strategy

OINDAO going forward:

• New collateral listings will have a 1-month period of 10,000 OIN rewards for its vaults to encourage users to familiarize themselves with the Stability Pool
• Any extensions thereof will be communicated along with ites reasoning
• The focus of future emissions will be on increasing the depth of the OIN stablecoin’s liquidity pools and strengthening their pegs

This has the following effects for the current listings:

• aUSDO token emission has been discontinued as it’s been 1-month since its launch
• Emissions for VIPERDAIUSDC and wONE vaults will be discontinued on April 26th (Tuesday)
• stNEAR incentives will be maintained for the time being to support its upcoming developments (e.g. Jumbo Exchange, DeBio & Octopus Network, etc.)

These changes are to take effect immediately, and will be a supporting force in the development of the OINDAO ecosystem. As a balance between rewarding and incentivizing early adopters, and facilitating a healthy market for our users and partnered ecosystems, we’re confident that our growth will be more stable than ever.

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Again, we are grateful to our growing community for their unwavering support, which has allowed us to implement these protocol changes. We promised that we will continue to strive hard to provide the best service and use cases to the community.

And now, without further ado, please enjoy the OINDAO V3 in all its glory!

Stay tuned to our social media channels for more latest updates!

ABOUT OIN FINANCE

OIN is a decentralized multi-chain stablecoin issuance platform. With a robust set of features such as single-vault liquidations and own-brand-labelled stablecoins, we bring the turnkey stablecoin issuance solutions for all, including layer-1 partners.

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