Ondo Finance

We want to be completely honest with our community. The performance of the Ondo token has been poor. Staking rewards have underdelivered. Trading volume has dried up. We have seen the numbers, and we have heard your concerns.

We also need to acknowledge something harder. We have not been close enough with this community. We have been too distant, too quiet, and too slow to act. That ends today.

We are committed to righting our wrongs. We have decided to remove tokens from our DAO treasury and redistribute them directly to you as community incentives. This is not a marketing move. It is an admission that we should have done better, and a real step toward making things right.

Additionally, due to a security upgrade, all users with open positions are required to upgrade their positions to remain eligible and secure.