Ondo (ONDO) is the governance token of the Ondo Finance ecosystem, empowering holders to participate in shaping the platform's future. ONDO enables a decentralized and community-driven approach to decision-making by granting voting rights on critical protocol updates, liquidity management strategies, and other governance matters. Designed to align incentives between stakeholders and the protocol, ONDO supports long-term growth, innovation, and collaboration.
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*Â Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
*Â Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
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