Open Dollar is a stablecoin protocol backed by LSTs and Arbitrum-native token deposits with tradable vaults.
What is Open Dollar?
With Open Dollar, ssers can borrow against and leverage their deposited assets while keeping 100% of their yield. Loans are encapsulated with NFTs allowing the users to transfer or sell them even with outstanding debt. NFT-controlled loans give users more options to better manage their positions and avoid liquidation.