ofd
  • The Narrative
    • Why How What
    • Beliefs
  • Context
  • Overview
  • Tutorials
    • Collateralised Minting
    • Opening a new position
    • Cloning Existing Positions
  • FAQ
  • Stablecoin bridges
  • Information Material
  • Contracts 2025
    • Contracts on Ethereum
    • Contracts on Optimism
    • Contracts on Arbitrum
    • Contracts On Base
    • Contracts on linea
    • Version 2024 on BSC
  • Collateralised Minting
    • Opening new Position
    • Cloning Existing Position
    • Adjusting a Position
    • Challenges and Auctions
  • Investing and Pool Shares
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The Narrative

Welcome to Oracle Free Dollar (OFD): The Next Frontier in DeFi

Introduction

OFD (Oracle Free Dollar) is revolutionizing equity and money markets by offering oracle-free lending and borrowing on Binance Smart Chain (BSC). This unique approach opens up new opportunities for SMEs and individual users to engage in decentralized finance with any asset. The OFD is the successful fork of Frankencoin on Ethereum.

Why OFD?

  1. Oracle-Free Lending and Borrowing: Enjoy true decentralization and security with our veto-based governance system, eliminating the need for oracles.

  2. Opportunities for SMEs: Access innovative financing solutions on BSC, where exciting projects and seamless on-chain financing await.

  3. Global Participation: Join a diverse community and leverage the benefits of decentralized governance and asset flexibility.

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Last updated 8 months ago