Ondo Finance
[ONDO]Ondo Finance is an open and decentralized investment bank that enables and facilitates connection between stakeholders in the emerging DeFi ecosystem.
ICO
past
Token Sale
Ended 12 May 2022
Raising
$ 22.00M
Ondo Finance ICO
ICO is ended:
12 May — 12 May 2022
Price
$ 0.055
Tokens For Sale
400,000,000
Raise
$ 22,000,000
Lock-up
12-month lock-up from 01.06.22 with a 6-month release period thereafter
Private is ended:
in the Past
Price
Not SetRaise
$ 20,000,000
Lock-up
1 year lock then 24 months release
Seed is ended:
in the Past
Price
Not SetRaise
$ 4,000,000
Lock-up
1 year lock then 24 months release
Tokenomics
Total Raised
$ 46,000,000
Token allocation
Total supply: 10,000,000,000
Public sale: 400,000,000 (4.00%)
Ondo Finance [ONDO] Moon Spreadsheet
About ICO Ondo Finance
Ondo Finance is an open and decentralized investment bank. Ondo's core business is to service and connect various stakeholders in the emerging DeFi ecosystem — including DAOs, institutional and retail.
A few key features of Ondo:
- Leader in Facilitating DEX Liquidity: Ondo is a pioneer in the liquidity-as-a-service space with live partnerships with 10+ DAOs as well as commitments from four stablecoin issuers (FEI, FRAX, UST, and RAI) for $100m+ in new liquidity and related incentives. By matching DAOs (capital demand) with underwriters (capital supply) to provide liquidity for their native token, users can easily trade these tokens in decentralized exchanges.
- Rapid Organic Growth: Ondo has not established any liquidity mining campaigns or any other incentive program to stimulate liquidity on the protocol, making it one of the largest protocols by TVL on Ethereum without incentives.
- Bridging DeFi and Traditional Finance: Ondo makes DeFi accessible and more valuable to traditional by both aggregating conventional DeFi protocols and repackaging their exposures using traditional finance techniques into the risk / return profiles.