Omni Consumer Protocols: The Future Is Under Control. OCP offers great yield and utility for your capital. By the end of this article, you might find yourself checking OCP's app yourself, choosing which high-yield strategy to use.
OCP is a DeFi conglomerate which aims to meet a variety of user needs through several related platforms. The OCP IDO was held on BSCpad in April, and the team has since made many strides forward, effectively following the roadmap which you can see on their site.
OCP's suite of dapps have been available on Binance Smart Chain for months, as they wanted a good development ground with low fees and a good user base. Now, with much of the platforms in place, expansion to other chains has begun with the Arbitrum L2 scaling solution for Ethereum.
You can earn over 20% APY on stablecoins on both Binance Smart Chain and Arbitrum. On BSC, several LP farms and a few single-asset farms.
BTC and renBTC are tokens representing a wrapped Bitcoin for the Binance Smart Chain. Earn 21% APY (at time of writing) providing liquidity for the two tokens, effectively just holding Bitcoin.
CAKE auto-compounded farm is earning 72.32% APY at the time of writing. LINA is at 20.61%. The three-way stablecoin LP for BUSD-USDC-USDT is earning 20.54%. Other LPs on the auto-compounding Steaks platform are even earning APYs in the hundreds!
Click Here to view OCP's app through my referral link.
OmniSTEAKS
OmniSTEAKS is a fork of beefy finance and, in partnership with beefy and other projects, OCP has been offering great auto-compounded APYs on some community favorite LP and single-asset farms.
When OCP partners up with projects to offer superior yields to their token holders, their liquidity farms have often been featured on Steaks. The dapp will deposit your asset(s) to a yield-generating farm, then use rewards every day to buy more shares of the farm, so you earn more money over time. This process is called auto-compounding, since it's compounding your earnings back into the farm.
OmniCOMP
OmniCOMP has served as OCP's in-house money market and stablecoin minter on the Binance Smart Chain for several months.
The dapp supports a variety of assets that you can deposit into pools for an APY boosted by the OmniC governance token. Users of the comp who have deposited collateral could then pay interest to borrow from these pools and use their capital elsewhere.
Or, you could borrow USDO. Since USDO entering the market required over-collateralization through the OmniCOMP, it is guaranteed to be a valuable coin, and it has maintained peg quite well.
OmniCOMP is now being slowly phased out in favor of the more secure vaults.
OmniVAULT
Combining the tech of STEAKS and COMP, vaults use various strategies to earn the highest APY for users while presenting them with a personal vault from which to borrow USDO. By leveraging existing high liquidity pools, OmniVAULT is able to offer consistent APY returns with minimal to no impermanent loss.
Each asset vault is isolated from the market activity of other assets, backing its own pool of USDO. This architecture should protect against attacks which have affected other platforms in the past and be less vulnerable to market fluctuations.
Delta City
The upcoming Delta City metaverse allows you to earn in-game rent, which can be converted into real stablecoin rewards. Collect and stake building NFTs inhabited by NFT denizens that increase your rent, or help you steal it from others. Invest in upgrades for your building to keep the rent profits rolling in.
NFT property is REAL PROPERTY too!
Don't be virtualist - Borrow against it for cold hard cash in the OCP ecosystem.
Occupying Delta City's grim skyline are 10,000 unique buildings.
From the packed slums of District 5 to the gleaming highrises of District 1, Delta City's real estate has something for everyone - as long as you can afford it, and as long as you can hold onto it.
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9 Building Classes
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10,000 Buildings Total
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Stake to Earn
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Each one Unique
Denizens are the lifeblood of Delta City.
Each one unique, and each one deadly. After all, only the resourceful make it here. From Netrunners to Techies, Corpos to Rockers, these are the guys you want on your side to survive.
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6 Denizen Classes
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96 Different Items
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Customise with Equipment
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Each one Unique
Future releases will include Characters, Items, Upgrades and more.
What are you waiting for? Check them out for yourself!
Click Here to view OCP's app through my referral link.
ABOUT USDO
USDO is the flagship stablecoin from OpenDAO, and meant to be a multi-collateral decentralized stablecoin capable of expanding to the size of any economy. Backed by crypto. Backed by stocks. Backed by real estate.
Backed by the world around you.
The USDO stablecoin is fairly new, but gaining traction and use cases quickly. It maintains it’s peg tightly, and we expect its usage rate to go parabolic in the near future.
ABOUT OPENDAO
OpenDAO (OPEN) serves as a bridge for real-world assets to cross over into the growing DeFi infrastructure. The goal is to bring more value into the space by providing exposure to real estate, stocks, and more… all in a uniquely permissionless and seamless manner.
The DAO is nearly finished with the architecture for the creation of a superior stablecoin, one backed entirely by the world around you.
Join the Telegram if you haven’t already! t.me/opendao
OpenDAO
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