FAQ

Frequently Asked Questions about OpenEden

Everything you need to know about OpenEden, USDO, ecosystem incentives, and how to make the most of the DeFi portal.

Total TVL $41.19M Across all OpenEden pools
Supported Networks Ethereum Mainnet & more coming soon
Active Activities 5 Ecosystem incentive campaigns
General Questions

OpenEden is a DeFi portal that enables users to earn yield, participate in governance, and access a suite of on-chain financial tools. At the core of OpenEden is USDO — a yield-bearing stablecoin backed by real-world assets such as US Treasury Bills.

By connecting your Ethereum-compatible wallet, you can:

  • Earn yield by supplying liquidity or holding USDO
  • Participate in ecosystem incentive campaigns to earn EDEN rewards
  • Lock, bridge, or wrap assets across supported protocols
  • Vote in OpenEden governance decisions

All activities happen non-custodially — you retain full control of your assets at all times.

Getting started with OpenEden is straightforward:

  • Connect your wallet — Use MetaMask, WalletConnect, or any compatible Web3 wallet on Ethereum mainnet.
  • Acquire USDO — Obtain USDO tokens through supported DEXes or directly through the OpenEden portal if eligible.
  • Choose an activity — Browse the Trending Ecosystem Activities table on the Earn page and pick a strategy that fits your risk profile and time horizon.
  • Supply liquidity or lock tokens — Follow the on-screen steps to deposit into a Pendle pool, Napier, Spectra, or an OpenEden Stability Vault.
  • Track your rewards — Your pending and claimable EDEN rewards are displayed in the Incentive Dashboard.

Estimated APRs are displayed for each activity. Always review the terms before committing funds.

EDEN is the native reward token of the OpenEden ecosystem. It is distributed to users who participate in approved ecosystem activities such as providing liquidity, holding YT tokens, or locking positions in Stability Vaults.

Rewards are calculated off-chain using Brevis, a zero-knowledge proof infrastructure that verifies on-chain positions without requiring active user interaction. Cycles run periodically — the countdown to the next cycle is shown on your dashboard.

  • Pending Rewards — Rewards being calculated for the current or recent cycle. Not yet claimable.
  • Claimable Rewards — Rewards that have been verified and are ready to be claimed to your wallet.

To claim, connect your wallet and click "Claim EDEN Rewards" on the Incentive Dashboard. Gas fees apply.

OpenEden currently operates on Ethereum mainnet and integrates with several leading DeFi protocols:

  • Pendle — Yield tokenisation; users can hold or trade YT cUSDO tokens.
  • Napier — Another yield market supporting cUSDO maturity positions.
  • Spectra — Permissionless interest rate derivatives for cUSDO.
  • Curve — Liquidity provision for the cUSDO-USDC Stability Vault pool.
  • OpenEden Stability Vaults — Lock YT tokens or supply liquidity for fixed-term yield.

Bridge functionality allows cross-chain movement of assets, with additional networks planned. Check the Bridge page for the latest supported routes.

OpenEden is built with security as a priority. Smart contracts are audited by reputable third-party firms, and off-chain reward calculations are verified using zero-knowledge proofs via Brevis.

However, all DeFi activities carry inherent risks:

  • Smart contract risk — Despite audits, no contract is entirely risk-free.
  • Market risk — The value of USDO and EDEN may fluctuate.
  • Liquidity risk — Some pools or vault positions may have lock-up periods, limiting your ability to exit early.
  • Protocol risk — Third-party protocols (Pendle, Napier, etc.) carry their own independent risk profiles.
  • Regulatory risk — Access may be restricted in certain jurisdictions.

Always conduct your own research (DYOR) and only invest funds you can afford to lose.

OpenEden features an on-chain governance system that allows token holders to participate in key protocol decisions.

  • Proposals — Any eligible EDEN holder can submit improvement proposals covering parameter changes, new integrations, or fee structures.
  • Voting — Votes are weighted by token balance at a snapshot block. The Governance page lists active and past proposals.
  • Execution — Approved proposals are executed on-chain via a timelock contract, providing a safety window between approval and implementation.

Participating in governance is a great way to shape the future direction of OpenEden while staying engaged with the ecosystem.

USDO is the base yield-bearing stablecoin of the OpenEden ecosystem, backed by US Treasury Bills. It accrues yield in a rebasing fashion — your balance grows over time as yield is earned.

cUSDO is the wrapped, non-rebasing version of USDO. Instead of your balance increasing, the exchange rate between cUSDO and USDO increases over time. cUSDO is compatible with protocols like Pendle, Napier, and Spectra that expect a stable-balance ERC-20 token.

You can convert between USDO and cUSDO at any time using the Wrap page on OpenEden. The economic value accrued is identical — only the mechanism differs.

The OpenEden community is active across several channels:

  • Discord — The primary support channel. Post your questions in the relevant help channels and the team or community members will assist you.
  • Twitter / X — Follow for protocol announcements, new activity launches, and governance updates.
  • Medium — In-depth articles about OpenEden features, research, and integrations.
  • Telegram — Community chat for real-time discussion.

For bug reports or security disclosures, please use the official responsible disclosure process detailed in the OpenEden documentation. Never share your seed phrase with anyone claiming to be support staff.