What is ONDO?

_{What is Ondo (ONDO)?}

Ondo Finance is a DeFi platform that wants to give everyone the opportunity to access institutional finance.
Using blockchain technology to tokenize real-world assets (RWA), it makes it possible to bring native assets
For example, bonds, stocks, or yield-generating assets can be used more easily in decentralized finance (DeFi).
ONDO is a token used in Ondo Finance's Governance system.
This is open to token holders being able to participate in decisions about the platform's various development approaches and policies.
Through the DAO (Decentralized Autonomous Organization) system

_{Native Blockchain:}

ONDO (ONDO) currently remains on the Ethereum network for governance purposes,
Various applications on the Ondo Finance platform and reward to the participants in the system

_{Protokola Konsensus:}

ONDO is an ERC-20 token on Ethereum, so it uses Ethereum's Proof-of-Stake (PoS) protocol.
OR PROOF-OF-POSSESSION CONSENSUS MECHANISM

_{Trilemma (Security, Speed, Scalability):}

Security: Ethereum's Proof-of-Stake is designed for high security
The economic cost of attacking the network is very high due to the number of ETH staked by the transaction reviewer.

Speed and Scalability: Ethereum (ERC20) is in the process of addressing capacity issues
To scale up to deal with network congestion and Gas fees, it's time to build an Ethereum block.
That's about 12 seconds, which translates to a certain level of transaction speed.

_{Founder/Date Founded:}

Ondo Finance was founded in 2021 by Nathan Allman, a former Goldman Sachs employee.
Experienced in both engineering and trading, Allman currently serves as CEO of Ondo Finance.
The core team consists of experienced professionals from both the traditional financial sector and the blockchain sector.
The company was quickly backed by top investors.
Includes Founders Fund, Coinbase Ventures, Pantera Capital and Tiger Global

_{Objective/Use Case:}

Ondo is bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi)
By making institutional financial products more accessible to a wide range of investors.
This is achieved through the tokenization of real assets (RWAs), such as US government bonds.
and the creation of structured financial products that meet different risks.
Access to institutional investment opportunities: Ondo provides access to RWAs that are in token format
For example, short-term US government bonds through OUSG products allow investors to invest in traditional assets in token form.
Which may have better liquidity and access compared to traditional investment channels.
Earn returns on Stable coin: Ondo's USDY product allows users to earn returns on USD holdings
It is an alternative to traditional savings accounts and other low-return investment options.
Engage in decentralized lending and lending: Ondo's Flux platform allows users to borrow
And lending using assets that are in the form of high-quality tokens as collateral, allowing users to leverage.
from its assets and access liquidity in a decentralized form.
Wealth management on blockchain: Ondo Chain facilitates the development of asset management strategies on the blockchain
Includes automatic portfolio balancing, which allows users to more effectively adjust investment strategies and manage their portfolios.

_{Total supply/Limit or Unlimited:}

Ondo (ONDO) has a total supply of 10 billion tokens.

_{Supply Deflation:}

No information was found about the supply deflation mechanism of ONDO coins.

_Source:

https://coinmarketcap.com/currencies/ondo-finance/ 

https://www.coingecko.com/en/coins/ondo 

https://ondo.finance/ 

https://ondo.finance/ondo-chain 

https://btcturkglobal.medium.com/what-is-ondo-ondo-how-does-it-work-687f247f39f1 

https://docs.ondo.finance/ 

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