Introducing the oneUSD Stablecoin

oneUSD is an on-chain Harmony stablecoin collateralized through the ONE coin.

Through the OINDAO, users deposit ONE tokens and mint oneUSD with up to 150% collateralization.

Users can then leverage and transact with oneUSD, all the while holding on to their ONE coins!

The Partnership

VenomDAO and OIN Finance will be working together to bring the best use cases of oneUSD to the Harmony ecosystem.

This starts today, with oneUSD yield farming on ViperSwap.

At 20:00 UTC 19 January 2022,we will launch two new pools on ViperSwap:

• oneUSD/ONE LP — 1% reward allocation
• oneUSD/USDC LP — 2% reward allocation

Deposit your LP in the incentivized oneUSD/ONE or oneUSD/USDC pool.

For any questions, follow the links below for help from our friendly communities.

About VenomDAO

VenomDAO is a cross-chain, multi-product DeFi DAO. The initial launch of ViperSwap on the Harmony network has opened the doors for seeing this intent become a reality.

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ABOUT OIN FINANCE

OIN is a decentralized stablecoin issuance platform. With a robust set of features such as single-vault liquidations and own-brand-labelled stablecoins, we bring the best stablecoin solutions for all, including our Layer-1 and Layer-2 partners.

For all the recent updates and progress, connect with OIN Finance and become a part of our community at:

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