Use Cases

OADA (OTOKEN on ADA):

By using ADA’s staking capabilities, OADA transforms ADA into a stable, yield bearing asset. Users can enjoy a more predictable unit of account while still indirectly benefiting from ADA’s staking rewards. The system can leverage the Stake Auction AMO to rent out staking power for short periods, capturing additional yield that ultimately supports OADA’s stability and utility. Deploying the underlying ADA into yield strategies, such as lending markets or liquidity provision, allow sOADA users to earn an aggregated yield from all possible opportunities in the ecosystem at the same time.

OUSD (OTOKEN on a Stablecoin):

For OUSD, the base token might be a widely recognized stablecoin. This gives OUSD a strong initial anchor for its value. It can then introduce AMOs that farm yield across DeFi protocols, distribute returns to stakers, and manage liquidity to keep OUSD trading near its intended peg. Over time, OUSD can become a go-to, yield enriched stable asset for a protocol or a wider ecosystem.