release date January 18thOndo Finance’s token, Ondo, 3x return From the very beginning of launch. Today we will learn what temperature is and why it is called temperature. interesting token We want to include it in our portfolio.
What is temperature finance?
Ondo Finance is a company that provides the following services. Tokenized FundsAllow stablecoin holders to invest Bonds and U.S. Treasuries. You can also invest directly in USD. If you want to invest as an individual, you will need identity verification (KYC).
We specialize in real-world asset stories and enable cryptocurrency investors to capitalize on the massive market that is US bonds. High APY It is known as one of the safest investments in the world.
token economics
Ondo tokens serve as governance tokens in the DAO. There is a maximum supply 10 billion ONDO token that will be fully unlocked after 5 years (until 2029).
Only at the time of writing 14% A portion of the total supply is in circulation. As you can see above, it doubles every year in a cascading pattern.
partnership
The biggest advantage of temperature is the variety of partners. exposure.
As you can see, they are a big name in both the traditional and cryptocurrency spaces, which allows them to become one of the leading projects in the cryptocurrency space. Real Assets (RWA) story.
My final thoughts on temperature
Ondo Finance offers something new that is very useful for cryptocurrency users. But there are some Discomfort :
- The utility of the token is very limited (DAO only).
- The services provided by Ondo are not available in many countries.
To be fair, it’s a pretty long list, which could be a barrier to mass adoption.
Advantages:
- We are riding the tokenization wave of real-world asset narratives.
- Not unlocked until January 2025.
- There is still a lot of potential in terms of market capitalization.800M).
Overall, Ondo Finance offers something new that is a concrete example. Tokenization. It’s still a very young and promising project worth paying attention to.
As always, thanks for reading!
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Disclaimer: This is not financial advice, you should do your own research!