In phase 1 of our roadmap users can lock ETH and BTC to mint a 3 month 'expiring' stablecoin which can be redeemed for USDC. LPs will also be rewarded in UMA tokens. Soon you will be able to mint tokens backed by your favourite crypto project's tokens, and eventually, a universal stablecoin backed by the world around you.
USDO is a Decentralised stable coin backed by a verifiable collateral pool of both on-chain and off-chain real world assets. Built on the UMA protocol, we connect DeFi to the real world in a seamless manner. If you have something of value, whether it be crypto, stocks, and eventually real estate, you can mint USDO!