OPEN token holders own and control the OpenDAO. Token holders will eventually decide on which assets can be used as collateral for both the liquidity pools and USD minting. OPEN will also be used to incentivise actions in the OpenDAO ecosystem.
Timeline of various assets being used to mint USDO
Q1 '21
Liquid on-chain crypto assets
Q2 '21
Liquid off-chain assets
Q3 '21
Small Illiquid off-chain assets
Q4 '21
Large Illiquid off-chain assets