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Compounding USDO ("cUSDO") is a wrapped version of the USDO token that allows users to engage with platforms and protocols that do not support rebasing tokens, while retaining USDO's value and stability. Unlike USDO, which distributes yield daily through rebasing, cUSDO accumulates yield through price accrual, resulting in the value of each cUSDO token increasing over time. This makes cUSDO particularly suitable for use with protocols that require stable token values or face compatibility issues with rebasing tokens. cUSDO is intended to be composable and interoperable
Users can easily convert between USDO and cUSDO at any time by interacting with the cUSDO smart contract.
The live OpenEden Compounding OpenDollar price today is $1.04 USD with a 24-hour trading volume of not available. We update our CUSDO to USD price in real-time. OpenEden Compounding OpenDollar is down 1.24% in the last 24 hours. The current CoinMarketCap ranking is #8007, with a live market cap of $15,929,161 USD. It has a circulating supply of 15,296,386 CUSDO coins and the max. supply is not available.