◾LEGACY
Synthetic Currency Minter Formerly known as COMP
Now depreciated.
OmniCOMP is a multicollateral money market
Forked from Compound, our inhouse money market. This is used as a minter for USDO which is effectively borrowed against a range of collateral. COMP as it is on the path to be deprecated over time to be replaced by vaults.
Currently approved collateral on the platform includes:
Asset
Collateral Ratio
$USDO
90%
$OCP
50%
$POPEN
50%
$WBNB
65%
$CAKE
65%
$ETH
65%
$REEF
50%
$BUSD
90%
$USDT
90%
$FET
05%
$ANYMTLX
50%
Last updated