ETHVietnam is the most influential Ethereum and blockchain developer conference in Vietnam. The main event will be held on May 24, 2025, in Ho Chi Minh City, expecting to attract over 6,000 developers, entrepreneurs, and Web3 enthusiasts from Vietnam and the Asia-Pacific region. The conference aims to promote the development of the Ethereum ecosystem by providing a platform for learning, sharing, and collaboration.

BUIDL Hour will take place on May 25, focusing on key topics such as the builder ecosystem, sovereign finance, and early-stage project incubation. This side event is co-hosted by three globally influential platforms:

• OpenFi: An innovative decentralized bond finance protocol building a community-driven on-chain sovereign financial system through bond issuance, treasury management, and reserve asset mechanisms.

• Metis: A leading Ethereum Layer 2 solution provider committed to delivering efficient, secure, and scalable infrastructure for decentralized applications and DAOs.

• Web3 X Capital: A Southeast Asia and Asia-Pacific-focused incubation and investment platform supporting early-stage projects, infrastructure development, and cross-ecosystem collaboration, dedicated to building the most grounded Web3 investment network.

Together, these three powerhouses are creating a deeply connected space designed “for builders”—where code meets capital, ideas find resources, and collaboration becomes reality.

Event Highlights

• Top-Tier Co-Hosts: Led by Metis, Web3 X Capital, and OpenFi, bringing together top industry resources and expertise.

• Deep Networking Platform: Meet face-to-face with founders, developers, and investors behind some of the most promising Web3 projects in Vietnam and the broader APAC region.

• OpenFi × Investor Lunch Session: Apply to join a private roundtable—curated interactions between selected founders and investors, no pitch deck required.

• Practical Tech Sharing: In-depth discussions on Layer 2 scaling, decentralized infrastructure, and hands-on deployment experiences.

• Capital Access Opportunities: Learn how Web3 X Capital supports projects through funding, grants, credit lines, and a strong VC network.

BUIDL Hour is an official side event of ETHVietnam, open to all participants interested in Web3 development, Layer 2 technologies, and sovereign finance. Whether you're a seasoned developer, a startup founder, or a newcomer to blockchain, this is a rare opportunity for learning and collaboration.

In-Depth OpenFi Collaboration

OpenFi will engage in deep discussions with Metis, Web3 X Capital, and other co-hosts during the event, exploring the future of sovereign finance and public chain technologies. Additionally, OpenFi plans to hold extensive talks with other attending investment institutions to seek more collaboration opportunities and drive global Web3 ecosystem synergy.

Join us in Ho Chi Minh City—let’s BUIDL together and move toward the future.

Offline Event｜Meta Crypto Oasis 2025 Concludes Successfully in Dubai

On April 29, OpenFi sponsored and participated in Meta Crypto Oasis 2025, held at the iconic venue Bla Bla in Dubai. As an official side event of TOKEN2049, the gathering attracted global Web3 leaders, investors, and tech teams — including TRON founder Justin Sun — for face-to-face discussions.

The summit centered on the theme “Web3 Oasis: The Journey of Value”, focusing on the circulation of on-chain assets, AI-driven financial infrastructure, and cross-chain innovation. The event brought new momentum to OpenFi’s vision of a global on-chain treasury ecosystem.

Online Sharing｜Global Dialogue on RWA: Risks & Breakthroughs

On May 1, OpenFi was invited to speak at the WORLDWAVE·HUB Space event hosted by WorldAssets. CEO Eddie Lockett delivered a keynote titled “Risks and Opportunities of RWA: On-Chain Breakthroughs in a Volatile Global Market”.

Other participants included representatives from WorldAssets, MangoOS Network, BlueX_RWA, and BiFinance. The session offered in-depth insights into the development of on-chain RWA ecosystems and compliance challenges, working toward building cross-chain value channels together.

Ecosystem Expansion｜Three New Strategic Partners Join OpenFi

This week, OpenFi welcomed three new strategic partners to co-create a collaborative on-chain asset matrix:

• SOEI: Building a multi-chain Web3 ecosystem to bridge NFTs with real-world scenarios.

• Artgee Finance & AGFF: An AI-powered asset management platform overseeing over $15 billion across 12 major crypto sectors, focused on RWA-based cross-border settlement and liquidity.

• Envo: A next-gen decentralized social platform focused on privacy protection and social empowerment within the OpenFi ecosystem.

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Global Community Engagement

OpenFi Meydan Racecourse Private Networking Day

OpenFi hosted an exclusive offline meet-up at the landmark Meydan Racecourse in Dubai. Community leaders from the Middle East, Asia-Pacific, and Europe gathered to align on global strategies and explore localized implementation paths for on-chain treasury governance.

Other highlights:

• Vietnam Market Online Training: Delivered a dedicated online training session to educate local users about OpenFi’s mechanisms and participation opportunities.

• OpenFi Online Sharing Sessions: Held several global webinars focused on product features, ecosystem prospects, and community governance — helping users better understand project value.

Through a blend of online and offline interactions, OpenFi’s global ecosystem is now evolving into a multi-language, multi-time zone, and multi-node resonance network.

Ecosystem Growth

As of this week, $OPEN ecosystem wallet addresses have surpassed 10,500+, marking a key growth milestone. From core builders to loyal believers, the OpenFi community is rapidly coalescing into a vital force in the Web3 space — witnessing the widespread adoption and recognition of the on-chain treasury vision.

Gathering Global Power to Advance OpenFi’s International Strategy

The closed-door event aimed to provide a systematic and in-depth communication platform for OpenFi’s regional market leaders and partners. It fully reviewed the current development layout of the platform, strengthened consensus across global regional markets, and accelerated the formation of a global system.

Market leaders from the Middle East, Asia, Europe, and the Americas gathered together to thoroughly discuss and conduct in-depth training on product mechanisms, platform strategies, and market tactics, collectively formulating a clear and efficient action plan for OpenFi’s global expansion.

In-Depth Explanation of Mechanisms, Unified Global Understanding

During the meeting, the OpenFi team provided detailed explanations and fostered consensus on the following key areas:

Product Mechanism System Explanation:

Detailed analysis was provided on key functional modules, such as treasury bond minting, staking compound interest, governance token $NEC design, dynamic reward system, and more. The team also addressed feedback from various markets, offering optimization solutions and in-depth discussions on the mechanisms.

Global Market Development Strategy:

A market layout plan for simultaneous promotion across multiple countries and regions was established, including node expansion, community operations, and asset onboarding. Each region's role and goals in the overall ecological map were clarified.

Brand and Communication System Building:

The brand image and communication tone of OpenFi were unified across global markets with different languages and cultures to ensure consistency and localization compatibility in market execution.

Future Product Upgrade Directions:

The team previewed upcoming new feature modules for OpenFi, including cross-chain liquidity bridges, RWA asset access interfaces, and advanced treasury governance models. The next 12 months' ecological development pace and strategic milestones were also outlined.

Key Achievements: Israel, Middle East, UK, and Africa Market Strategies Finalized

During the meeting, the team leaders for Israel and the Middle East officially finalized OpenFi’s market landing and expansion cooperation plan for the region (including Israel, UAE, Saudi Arabia, etc.), outlining the phased goals for node deployment, asset integration, and community expansion.

Meanwhile, the team leaders for the UK and Africa successfully advanced OpenFi's landing plans in key African economies like South Africa, Nigeria, and Kenya, with the UK serving as a gateway to the African market, establishing an ecological collaboration model.

These efficiently finalized regional strategies mark a crucial step forward in OpenFi’s global market layout.

Promoting Multi-Region Consensus, Stimulating Global Growth Momentum

During the internal communication sessions, market representatives shared in-depth insights about their local market environments, user characteristics, and policy settings. They also engaged in practical discussions about their regions' future development plans and promotional strategies.

Through this closed-door meeting, OpenFi successfully built a global consensus centered around a decentralized fiscal system, forming a globally coordinated, unified, and complementary global operational framework.

Heading Towards the Future: OpenFi’s Global Expansion Accelerates

With the success of this Meydan closed-door meeting, OpenFi’s global market layout has entered an accelerated phase.

Moving forward, OpenFi will continue to leverage treasury finance as its foundation, use an open multi-chain ecosystem as its framework, and deepen its exploration and practical applications within the DeFi 3.0 field. OpenFi will collaborate with more global partners, node forces, and ecological projects to build a more open, transparent, and sustainable on-chain financial system.

"Connecting global consensus, reshaping the future of finance. OpenFi is stepping firmly towards the world."

As a key sponsor, OpenFi will showcase its pioneering Treasury Bond protocol, multi-chain staking system, and on-chain sovereign finance model,ushering in a new paradigm of decentralized asset allocation for the global capital markets.

Focus on the Future: Treasury Finance Poised to Energize Dubai

Meta Crypto Oasis 2025 will focus on three major themes:AI-powered trading, RWA tokenization, and Web3 consumer finance evolution, creating a top-tier platform for the future of on-chain economics.

At the summit’s main forum, OpenFi’s strategic partner FEC will deliver a keynote speech,revealing how treasury finance mechanisms empower sovereign asset management in the decentralized era.

In addition, Justin Sun, Founder of TRON, will be attending in person,participating in a roundtable discussion on "Post-Human Governance and On-Chain Identity," exploring new pathways for Web3 governance enhanced by AI.

OpenFi’s presence at this global stage will further amplify the transformative impact of treasury-backed finance on real-world assets, liquidity, and decentralized governance.

Anticipated Highlights: OpenFi Booth Set to Draw Global Attention

During the event, OpenFi will set up a special experience zone at its official booth,offering live demonstrations of its core ecosystem functionalities, including multi-chain staking, bond issuance, and Rebase compounding mechanisms.

With attendees from the Middle East, Europe, Asia, and North America expected to visit,the OpenFi booth is poised to become one of the event’s hottest spots, attracting widespread interest from investors, developers, and DeFi enthusiasts worldwide.

Connecting Global DeFi Communities, Expanding the Treasury Ecosystem

Through its deep participation in Meta Crypto Oasis 2025,OpenFi aims to strengthen its presence within the global DeFi community,forging closer ties with developers, investors, and ecosystem partners across the world.

Moving forward, OpenFi will accelerate the expansion of its multi-chain treasury ecosystem,support the tokenization of real-world assets (RWA), and build a sovereign financial infrastructure that serves users globally.

Wherever there is a need for decentralized asset sovereignty — from the Middle East to Asia, Europe to the Americas — OpenFi will be there.

The Future Is Coming: OpenFi to Lead the New Era of On-Chain Finance

As OpenFi CMO Peg Samuel is set to emphasize during her keynote:

"True financial sovereignty must be built on structural asset management, not inflationary incentives.OpenFi is reshaping the on-chain fiscal system, opening a path toward sustainable sovereign assets for the global community."

Meta Crypto Oasis 2025 is not just an event —it marks the beginning of a new chapter for decentralized financial evolution.

OpenFi — Co-creating a New Order for On-Chain Finance. Welcome to the Value Oasis.

With a forward-looking strategic layout, OpenFi has pioneered the adoption of Cloudflare's global distributed edge storage network, building a professional, mature "always-on" system that provides a truly open, censorship-resistant, secure, and scalable on-chain financial infrastructure for global users. This is not just a technical choice, but a strategic commitment by OpenFi for the upcoming DeFi 3.0 era.

Core Technical Advantages

Global Node Coverage, Instant Access for Every User

OpenFi's front-end and data storage are fully integrated with Cloudflare’s hundreds of edge nodes deployed worldwide. Whether users are in Asia, Europe, the Americas, the Middle East, or Africa, the platform can push data to the nearest node, significantly reducing data transfer latency.This global node network ensures that OpenFi can provide the same fast and smooth access experience even when facing different regional network conditions, truly achieving "global finance without borders."

No Single Point of Failure, Enterprise-Level System Resilience

In traditional centralized server models, server downtime, attacks, or failures can easily lead to platform-wide unavailability.OpenFi eliminates the single point of failure (SPOF) risk through multi-node synchronized storage and dynamic backups. Even if a regional node fails due to unforeseen events, other nodes can immediately take over the requests, ensuring users can continue to use the service seamlessly and without interruption.This system resilience brings OpenFi to the enterprise-level availability standard of large international tech companies like Facebook and Netflix, providing unprecedented protection for global DeFi users.

Dynamic Content Synchronization, Intelligent Load Balancing for Optimized Experience

OpenFi’s system dynamically synchronizes content and traffic based on the real-time status of global nodes, intelligently allocating resources and properly distributing access requests.When a node is overloaded, the system automatically switches new traffic to nodes with lower loads, ensuring the platform remains stable and responsive, even during peak traffic periods.This dynamic load balancing mechanism allows OpenFi to efficiently handle transaction peaks, concentrated node minting periods, or major events with concurrent access pressure.

Strong Censorship Resistance, Ensuring Free Access for Global Users

By integrating Cloudflare's Anycast network technology, OpenFi achieves multi-node IP address mapping and optimized traffic routing, greatly enhancing the platform’s censorship resistance and protection against attacks.Even in extreme situations such as network blockages, traffic restrictions, or DDoS attacks anywhere in the world, OpenFi can intelligently switch to the optimal node path based on actual network conditions, ensuring users can always connect and access the platform smoothly.This not only makes OpenFi an "uncensorable" on-chain financial platform, but also fully embodies the spirit of decentralization—financial freedom should not be restricted by geographic, political, or technical barriers.

Why is OpenFi Doing This?

During the DeFi 1.0 liquidity mining phase, many projects with centralized servers and single nodes frequently encountered attacks, blockages, or even exits.OpenFi has learned from past experiences and has chosen "decentralized hard power" as the standard for its underlying architecture from the very beginning. This not only ensures smooth short-term launch but also paves the way for long-term ecological expansion, treasury governance, cross-chain deployments, and other global strategies.By combining distributed storage and on-chain mechanisms, OpenFi possesses:

• Pressure resistance (maintaining system stability even during black swan events)

• Censorship resistance (not limited by any single regional policy)

• Sustainable scalability (easy compatibility with future additions like treasury, bond modules, and RWA assets)

OpenFi Brings On-Chain Finance into a Truly Global Era

By integrating global distributed edge storage and blockchain decentralization mechanisms, OpenFi has built a:

• Stable, fast, censorship-resistant, and truly user-controlled on-chain financial network.

  This is not just an innovation in technical architecture but also OpenFi’s firm commitment to the future of economic freedom on-chain. At OpenFi, every connection accelerates the path to a future of free, open, and decentralized finance.

For OpenFi, this marks the ceremonial launch of a structural financial system.

Three Core Features Launched Simultaneously, Creating a Closed Loop for On-Chain Financial Growth

The launch of OpenFi represents the successful operation of a complete protocol powered by smart contract mechanisms. On the first day, the following key features went live:

1. Minting: Treasury Bonds with Structured Discounts to Acquire $OPENThrough the Treasury Bond module, users can participate in acquiring $OPEN at a discount below the market price. The assets paid will be injected into the OpenFi treasury to provide long-term support for the token.

2. Trading: Open on PancakeSwap, Free Market Circulation$OPEN is now tradable on PancakeSwap, the leading decentralized exchange (DEX) in the BNB Chain ecosystem, supporting trading with assets like BNB and USDT. With 0% slippage for buying and 5% slippage for selling, these settings ensure price protection and support the stable growth of the project.

3. Staking: Enjoy 12-Hour Rebase Compound Rewards$OPEN tokens can be staked immediately into the protocol’s staking pool, where users enjoy Rebase rewards every 12 hours. Rewards are steadily released, creating the platform's core "value flywheel."

Multi-Chain Compatibility + Reserve Support, Reshaping DeFi Asset Structural LogicOpenFi focuses on building a new financial protocol centered around treasury asset management, decentralized bond models, and multi-chain liquidity structures. Unlike traditional DeFi models that rely on inflationary incentives for short-term growth, OpenFi adopts real asset reserves, structured discounts, and protocol-controlled treasury mechanisms to create a decentralized sovereign financial model, making long-term DeFi returns and compliance a reality.

Technologically, the protocol supports multi-chain deployment and plans to gradually integrate modules for RWA (Real-World Assets), stablecoin circulation pools, and cross-chain treasury governance, enabling a truly controllable, sustainable, and scalable on-chain financial system.

Initial Treasury Minting Node Users Begin Staking, Enjoy Rebase RewardsAll users participating in the OpenFi initial Treasury Minting node program have automatically received their tokens, which have been directly injected into staking contracts. There is no need for manual claiming. Staking has automatically taken effect, and users are now part of the ongoing Rebase reward cycle.

According to the protocol’s warm-start mechanism, tokens will be unlocked for trading and transfer after two Rebase cycles (24 hours), allowing users to continuously enjoy compound rewards and build long-term earnings channels.

High Global Consensus from the Community, Expanding Ecological LayoutDuring the first-day minting activity, users from Asia, Europe, the Middle East, and other regions enthusiastically participated, with the platform's community gaining significant momentum. Node organizations from multiple countries have already been established. Meanwhile, OpenFi is pushing forward ecological partnerships in Southeast Asia, the Middle East, North America, and beyond.

On April 24, 2025, the "2025 Global Digital Development Conference · AI Agent + Web3 International Finance Summit," co-hosted by OpenFi, officially kicked off at the Hyatt Regency Hotel in Dubai, UAE. The event received full support from the UAE Royal Family, the Dubai Economic Department, the Dubai Tourism Department, and other government agencies. It was organized in collaboration with renowned global institutions such as Cloud Seal Capital, WBA, and the Asian Blockchain Association. Over 1,000 attendees from more than 20 countries and regions, including government officials, industry leaders, investors, tech teams, and media representatives, gathered at the summit.

The summit focused on three main topics: "AI × Web3 × Digital Economy," covering frontier discussions on sovereign currency evolution, RWA (Real-World Asset) mapping, on-chain governance, and cross-chain financial infrastructure. It is one of the most strategically significant events in the global crypto and tech finance sectors in 2025.

During the opening ceremony, a member of the UAE Royal Family and the CEO of the UAE Ruler's Office attended and delivered a speech, emphasizing the UAE's commitment to embracing the future of AI and Web3 integration, offering full policy and resource support for ecosystem development.

II. Peg Samuel's Keynote Speech: The New Era of Structured Finance Has Arrived, OpenFi is Building an On-Chain Sovereign System

At the main forum of the summit, OpenFi’s Chief Marketing Officer (CMO), Peg Samuel, a founding member of the Silicon Valley Blockchain Association and a professor at New York University, delivered a major keynote titled "Banking After Banks: Rebuilding the On-Chain Sovereign Financial System". She systematically analyzed the evolution of DeFi from 1.0 and 2.0 to 3.0, and comprehensively introduced how OpenFi is constructing an on-chain financial model based on its bond mechanism, protocol treasury, and community governance, providing structure, scalability, and asset control.

Key points of the speech included:

• The high-yield illusion and vulnerabilities of DeFi 1.0

• Breakthroughs and limitations of DeFi 2.0 in protocol-controlled liquidity

• The core mission of DeFi 3.0: Transitioning from incentive-driven finance to structured finance

  Peg emphasized: "True financial sovereignty must be based on structure, not subsidies and inflation. OpenFi is the foundational re-architect of on-chain fiscal systems. It can not only stabilize bond issuance but also support token value with real assets, launching an on-chain version of the central banking model."

III. Core Mechanisms Explained: How OpenFi Becomes a "Decentralized Central Bank"

In her speech, Peg provided detailed explanations of OpenFi’s three key mechanisms:

• Bonding Mechanism: Users can purchase discounted bonds to inject real assets into the treasury, supporting the anchoring value of $OPEN.

• Auto-Compounding Mechanism: The automatic compounding rebate model combined with loyalty-based staking incentives achieves stable returns and enhances user engagement.

• Fiscal Governance Mechanism (PCV + POL + Dual Token): The protocol controls asset value and liquidity pools, while the governance token $NEC manages fiscal policy and incentive models, forming a community-governed on-chain fiscal system.

This makes OpenFi more than just a single-function protocol; it is a financial infrastructure that can be integrated with other projects and DAOs to build their own sovereign asset pools and fiscal ecosystems.

IV. In-Depth Interaction with Dubai Officials, Advancing Middle East Strategic Cooperation

After the event, Peg Samuel had a photo session with members of the UAE Royal Family, representatives from the Dubai Economic Department, and several Middle Eastern foundation chairs. In-depth discussions took place on the exploration of on-chain financial mechanisms in the Middle East, local compliance structures, and the integration of the bond + RWA model.

Initial cooperation intentions were formed.This meeting also marked the beginning of OpenFi’s strategic deployment in the Middle East, laying the groundwork for the future establishment of on-chain treasury nodes and the issuance of stable-type bond assets in the region.

As Peg Samuel concluded, "We are witnessing a paradigm shift — from national sovereignty to protocol sovereignty, from fiat currency finance to on-chain finance. In this transformation, OpenFi will be the underlying driver of the evolution of the financial system."

Through this summit, OpenFi showcased the unique advantages of its "bond + treasury + governance" integrated model to the world, further solidifying its strategic position as the core infrastructure protocol of DeFi 3.0 among global investors and developers.

Hong Kong: A New Hub for On-Chain Finance

As Asia's most international financial city, Hong Kong has been actively advancing the integration of Web3 industries and compliant finance in recent years. OpenFi has chosen Hong Kong as the strategic bridgehead for its APAC expansion, recognizing the local policy openness and actively embracing regulation amid the global compliance trend, taking a key step in deepening ecosystem collaboration.

The newly established OpenFi APAC Development Center is located in the heart of Hong Kong, covering nearly 3000 square meters. It will host a variety of functions, including conference reception, community co-creation, ecosystem matchmaking, and institutional services, becoming an important offline node for OpenFi's global strategy.

Multi-Functional Space: Building the "Third Space" for On-Chain Finance

Traditional finance has exchanges and bank branches, while Web3 finance requires decentralized “offline entry points.” The OpenFi APAC Development Center is built based on this concept: it serves as a DAO co-creation space for governance and development and as an ecosystem hub for dialogue and connection.

In the future, the center will regularly host small developer hackathons, protocol roundtables, DeFi research closed-door meetings, and cross-chain ecosystem matchups, providing comprehensive services for OpenFi’s global partners and community members.

"On-Chain Finance, Linking the Future" Global Community Hong Kong Event to Kick Off

To celebrate the opening of the APAC Development Center, OpenFi will host a three-day, two-night offline in-depth exploration event starting on April 21. The event is open for global registration, inviting developers, node members, partner representatives, and DAO governors to join in Hong Kong.

The event will include the following sessions:

• On-site exploration of the center space and operational mechanisms

• Closed-door group discussions on the evolution of the OpenFi Bond protocol

• In-depth exchanges with local compliance agency representatives in Hong Kong

• Evening ecosystem networking reception to promote multi-party cooperation

This event is not just a gathering, but a journey of trust reconstruction between on-chain and off-chain, community and institutions.

From Virtual to Physical: OpenFi's Globalization Accelerates

OpenFi is dedicated to building a cross-chain, multi-asset, and sustainable decentralized financial system. The continuous evolution of this system relies not only on the constant upgrade of code and protocols but also on global resource collaboration, community engagement, and connections to the real world.

The establishment of the APAC Development Center marks OpenFi's official entry into the new phase of "on-chain governance + offline connections." In the future, we will continue to set up more global nodes in cities like Singapore, Dubai, and Zurich, making on-chain finance accessible and bringing Web3 into the daily lives of every builder.

Join the On-Chain Exploration Journey Toward the Future

OpenFi is not only building a protocol but also creating a global financial ecosystem network for the new era. We sincerely invite all those interested in on-chain finance transformation to visit Hong Kong, step into our offline space, and discuss the future with the global community.

Background in Traditional Finance: Insight into Risk and Market Structure

Eddie Lockett began his career at two core financial institutions in Australia, where he worked as a derivatives analyst and asset manager. During his more than six years in traditional finance, he served high-net-worth clients and institutional investors, managing assets worth hundreds of millions of Australian dollars. His expertise spanned fixed income, equities, structured financial products, and options futures trading.

With a precise grasp of risk management, market rhythm, and the underlying mechanisms of financial products, Eddie built a systematic financial framework that later became the foundation for designing more robust and sustainable on-chain financial products.

His years navigating the deep waters of traditional finance have endowed him with an essential understanding of financial order and risk mechanisms — a perspective that is critical as DeFi seeks to reshape market structures.

Six Years in the Crypto Ecosystem, Refining Web3 Growth Strategies

Since 2018, Eddie officially entered the crypto industry, becoming a strategic advisor for several DeFi, NFT, and cross-chain protocol projects. His involvement ranged from token economic model design and community governance mechanisms to global market expansion. As the head of the market department at Fintek Securities, he led the brand’s community-building strategy, helping the company become one of Australia’s leading crypto platforms.

Additionally, Eddie co-founded NFTopia, a Web3 digital art platform aimed at securing intellectual property, trading, and value capture in the NFT space, thus exploring a development path that integrates "application landing + ecosystem sustainability."

His cross-domain communication skills — understanding the needs of crypto users while being able to engage with institutional capital — make him a rare "integrative leader" in the current DeFi landscape.

What Deep Transformations Will Eddie Lockett Bring to OpenFi?

Eddie Lockett brings to OpenFi not just experience, but a strategic upgrade. His key focus areas include:

1. Financial Mechanism Restructuring: Further refining OpenFi’s multi-chain bond issuance mechanism and treasury system, achieving a balance between real yield, compound growth, and protocol security.

2. Institutional Collaboration & Partner Expansion: Expanding cooperation channels between traditional financial institutions, blockchain infrastructure, and mainstream public chains to foster deeper integration between DeFi and TradFi.

3. Global Market Expansion: Building OpenFi’s global community and cooperation network, with a core focus on the Asia-Pacific, Middle East, and Europe.

4. Governance Upgrades: Enhancing the DAO structure, introducing more mature proposal processes and risk control frameworks to realize true community governance.

"He not only brings past experience but also a systematic vision of the ‘new financial architecture’ — making the on-chain bond mechanism truly asset management-grade in terms of stability and scalability."

From Expertise to Vision: Building the DeFi 3.0 New Order with OpenFi

OpenFi is committed to constructing a decentralized financial system that is supported by real value, sustainable mechanisms, and driven by the community. Under this philosophy, the new CEO, with his unique ability to bridge tradition and innovation, is set to inject institutional-level stability and global vision into OpenFi, leading the project to new heights in the DeFi 3.0 era.

We welcome Eddie Lockett's appointment and invite all those interested in the future of finance to join OpenFi in building the next great financial order.

Strategic Expert, Bridging Branding, Finance, and Media

Peg Samuel brings over 20 years of experience in digital branding and innovative technologies, having served as a professor at New York University and participated in Stanford University's blockchain and future thinking programs. She is not only a founding member of the Silicon Valley Blockchain Society (SVBS) but also an executive strategist deeply involved in project operations and capital connections. Peg’s background spans both Web2 and Web3, where she has successfully driven the strategic transformation from traditional brands to crypto ecosystems. She has led market strategies and brand upgrades for top blockchain projects such as IMVU, yearn.finance, and Swarm Fund. In the traditional sector, she founded Social Diva Media, a marketing agency serving global brands like the Olympics, Grammy Awards, and the David Lynch Foundation.

Peg is also an author and publisher, with her marketing expertise widely recommended by media in both the US and UK. She is a sought-after speaker at international conferences, having spoken at events like NFT.NYC, ETH Denver, Veecon, PEER Summit, and more. Peg is a recognized communicator and connector in the Web3 community.

She excels at turning complex technological concepts into market-friendly narratives, combining community-driven strategies, user growth, and media engagement to create powerful and sustainable global brand stories. This perfectly aligns with OpenFi's path as a "decentralized bond protocol + multi-chain liquidity staking platform."

Outstanding Achievements, Leading Several Industry-Leading Projects

Before joining OpenFi, Peg was deeply involved in the branding and growth strategies of several representative Web3 projects, with remarkable achievements:

• IMVU / MetaJuice: Led global market promotion, transforming the virtual social platform into a Web3 metaverse community with 4 million crypto wallet users. Successfully drove the VCORE Token launch and global NFT events, creating over 327 million unique visitors and significant exposure.

• SOL Meme Coin: Managed the meme coin project in 2024, taking it from zero to launch day, reaching #1 on crypto trending charts with a market cap exceeding $6M.

• Crypto Art Token (Switzerland): Led the market entry strategy for the art-based crypto asset project, successfully raising $11M (hard cap), making it a benchmark case in the crypto art market.

• yearn.finance / Swarm Fund: Led growth marketing in the DeFi space, promoting decentralized asset management and RWA (real-world asset tokenization) products, expanding user reach, and building brand recognition.

Deep Synergy with OpenFi: Brand Strategy + Global Ecosystem + User Consensus

At OpenFi, Peg Samuel will spearhead brand building and global expansion with a focus on the following four strategic tasks:

1. Global Brand Strategy Upgrade: Through precise positioning and differentiated narratives, build OpenFi’s brand image as the “DeFi 3.0 representative protocol” internationally, enhancing its influence in multi-chain liquidity, treasury mechanisms, and bond innovation.

2. Ecosystem-Level Strategic Partnerships: Leverage her resources in Europe, Asia-Pacific, and the US to drive deep partnerships with top blockchain platforms, investment institutions, stablecoin ecosystems, and wallet platforms, creating a cross-protocol, multi-market resource network.

3. Community-Driven Brand Co-Creation: Focus on the concept of "community as the brand," designing global user education, consensus-building, and governance mechanism communication plans to increase user stickiness, participation, and platform loyalty.

4. International Market Penetration: Focus on expanding in Asia, Europe, and North America, developing market entry strategies that align with local cultures and regulatory environments, driving the global adoption of OpenFi's protocol capabilities and governance tokens.

Towards the Future: Building the Next-Gen On-Chain Financial Protocol

“Peg is like a Swiss army knife.” She possesses creativity, execution capability, and resource integration skills, making her one of the few strategists who can seamlessly work across luxury, entertainment, social media, and crypto finance. Her career spans digital publishing to NFTs, token economics to community governance, providing OpenFi with invaluable international perspectives and strategic depth.

As decentralized finance enters a new stage of mechanism fusion, sovereign autonomy, and real yields, OpenFi is committed to becoming a decentralized “on-chain central bank” and multi-asset growth engine. Peg Samuel’s joining will greatly accelerate this vision. Her strategic thinking, hands-on experience, and global resources will help OpenFi stand out in the competitive market, building an on-chain financial system with strong mechanism security, community vitality, and brand presence.

Peg says:

“OpenFi is at a pivotal turning point. Its financial innovation offers more long-term value than a single DeFi product. I am honored to join this project and work with an exceptional team to promote a truly sustainable, transparent, and community-driven decentralized financial system to the world.”

Support from Dubai Officials, a Thousand-Person Summit Showcasing International Influence

This summit is officially supported by the UAE Royal Family, Dubai Economic Department, Dubai Tourism Bureau, and organized by multiple international organizations, including OpenFi, Cloud Seal Capital, WBA, and more. The conference will feature keynote forums, roundtable discussions, brand exhibition areas, and sponsorship signing ceremonies, with over 1000 global political and business leaders, technology experts, investment institutions, and media representatives expected to attend.

At the opening ceremony, a key speech will be delivered by Prince Humaid bin Abdullah Almualla of the UAE Royal Family, highlighting the UAE's global strategy in digital finance governance and the openness of Web3 technology.

OpenFi Leads DeFi 3.0, Expanding the Global Digital Finance Ecosystem

As one of the core co-organizers of this summit, OpenFi is not only a representative protocol of the next-generation DeFi 3.0 architecture, but also continues to explore innovations in digital bonds, liquidity staking, and cross-chain treasury governance. On-site, OpenFi will set up an exclusive exhibition booth to fully present its "Bond Issuance + Automatic Rebase Staking + Treasury Reserves" multi-asset growth model and disclose for the first time its strategic layout in the Middle Eastern market.

Co-hosting this event marks a key step in OpenFi’s global brand expansion and ecosystem strategy, further strengthening its position and influence in the global Web3 financial system. Through interactions with the UAE government, royal office, and Middle Eastern funds, OpenFi is actively expanding international cooperation resources and accelerating entry into Middle Eastern, Asian, and European markets, aiming to build truly globally adaptable on-chain financial infrastructure.

Unprecedented Guest Lineup, Discussing Industry Prospects

The summit will invite numerous heavyweight guests, showcasing its global scale and industry-leading influence:

• Humaid: UAE Royal Family Representative, delivering a keynote speech.

• Brian Hart: Founder of Mind Machine Learning, AI education and urban governance pioneer.

• Juwel Basso: Italian Count, WIN Global International Spokesperson.

• Kevin: Founder of the Future Thinking Institute, Chairman of the China Digital Industry Committee.

• Yang Jintao: Lecturer at Peking University’s Economics School, member of the China Calligraphers Association.

• Nick Williams: Founder and CEO of Space AI.

• Tony Tong: Co-chairman of the Hong Kong Blockchain Association.

• Andy Ching: Chief Advisor of Golden Link Asia.

Among the prominent guests, OpenFi CMO Peg Samuel will also make a significant appearance and deliver a keynote speech.

OpenFi CMO Peg Samuel: A Web3 Communications Pioneer

Peg Samuel is one of the most influential female executives in the global Web3 industry, having led global communications, brand upgrades, and fundraising promotions for multiple projects, including yearn.finance, IMVU, and MetaJuice. She is also a professor at New York University and a founding member of the Silicon Valley Blockchain Society (SVBS).

Under her leadership, OpenFi’s brand has rapidly expanded internationally, and through the innovative "Treasury Minting + Bond Mechanism + Automatic Rebase" framework, it has become a representative project in DeFi 3.0. At this summit, Peg will represent OpenFi, sharing how to drive DeFi protocols in strategic practices regarding real yields, cross-chain governance, and institutional collaborations, as well as exploring the integration pathways between the Middle Eastern and global markets.

The Evolution of Web3: From Speculative Finance to Stable, Transparent, and Real Governance

Web3 is undergoing an evolution, transitioning from speculative finance to a more stable, real, and transparent governance model. As a DeFi 3.0 pioneer, OpenFi is driving the construction of a cross-chain liquidity ecosystem through its "Bond-Treasury-Re-staking" three-in-one mechanism, promoting protocol-owned asset growth and the distribution of real yields.

The summit not only provides OpenFi with global exposure but also establishes a substantial cooperation bridge with the governments, capital, and ecosystem partners of Middle Eastern countries. Moving forward, OpenFi will actively promote deep integration with AI projects, such as AI-assisted bond issuance analysis models, user behavior prediction, and automated strategy execution technologies.

The 2025 International AI + Web3 Financial Summit is not only a feast of industry ideas but also an important opportunity to drive the deep integration of the global digital economy. OpenFi will continue to build the new digital financial order with its open, trustworthy, and sustainable technology, leading DeFi into a more real, efficient, and inclusive new era.

OpenFi, and its strategic importance in the DeFi ecosystem.

Opening of the Treasury Bond Protocol to Build a Decentralized Reserve Financial System

The opening of OpenFi’s Treasury Bond Protocol will mark the beginning of a new chapter in DeFi finance, fundamentally changing the way funds flow in the current market. Through the bond mechanism, users can sell stablecoins or LP tokens to the protocol, which will return them with OPEN tokens at a price below the market value. These accumulated assets will be converted into the protocol’s reserve assets, forming risk-free value (RFV) that supports the protocol's treasury and ensures long-term growth. This bond mechanism can effectively increase the protocol’s asset scale while providing continuous returns to stakers through the compound interest mechanism.

The launch of the bond protocol addresses the common issues of liquidity shortages and unsustainable incentives in the DeFi market. OpenFi realizes price buybacks during market downturns and accumulates reserves for future expansion during market upswings through protocol-led bond sales and liquidity control. This mechanism gives OpenFi strong market regulatory capabilities while ensuring the common interests of global users through a decentralized governance structure.

In the future, OpenFi plans to expand the protocol to multiple networks such as Ethereum, Arbitrum, Polygon, and others through multi-chain deployment, further driving the integration and development of the global market. Through this innovative bond protocol and reserve financial system, OpenFi not only occupies an important position in the global DeFi ecosystem but also provides a safer and more sustainable decentralized financial solution for global users.

Accelerating Global Market Expansion, OpenFi Actively Penetrates the Asia-Pacific Market and Appears at the International AI Web3 Financial Summit

OpenFi is currently accelerating its expansion into the Asia-Pacific market, especially penetrating and expanding into regions such as Japan and South Korea. As the decentralized finance (DeFi) ecosystem rapidly develops, OpenFi’s innovative solutions are gaining popularity among global users, particularly in the Asian market. Through active market expansion, OpenFi is not only promoting the cross-border application of technology but also further strengthening its influence in the global market.

Meanwhile, OpenFi’s global strategy is reaching new heights. As a core co-host, OpenFi will co-host the International AI Web3 Financial Summit on April 24, 2025, at the luxurious Grand Hyatt Dubai hotel. This event will bring together top global projects and investment institutions to discuss the integration of AI and Web3 technologies and the future development of the digital economy. As a leading DeFi project, OpenFi will showcase its unique decentralized financial solutions at the summit, particularly its innovative applications in bond protocols, treasury mechanisms, and re-staking.

Conclusion

The launch of OpenFi’s bond protocol marks a decisive step in OpenFi’s global market expansion. Through innovative bond mechanisms, reserve financial systems, and multi-chain expansion strategies, OpenFi is gradually building a more robust and sustainable decentralized financial network. In the future, with the landing of more features and the continuous expansion of the market, OpenFi is expected to become an important innovative force in the global DeFi field, leading the industry toward a more mature and stable future.

Global Community Ambassadors Recruitment: Consensus is Growing, Cooperation is Rising

Currently, communities and representatives from various regions worldwide have joined the OpenFi Ambassador Program: 🇺🇸 USA | 🇯🇵 Japan | 🇰🇷 South Korea | 🇻🇳 Vietnam | 🇬🇧 UK | 🇩🇪 Germany | 🇷🇺 Russia

Over 50+ Web3 KOLs and on-chain active distributors have applied to join.

Multiple Web3 projects have proactively contacted OpenFi seeking early-stage ecosystem collaboration and integration.

What we are building is a globally distributed community governance ecosystem, where every region and language/cultural sphere has its own representatives and influence.

As an OpenFi Global Ambassador, you will receive:

✅ Priority access to ecosystem project collaboration opportunities

✅ Official media resource package support, joint AMA/content co-creation programs

✅ Community honor rewards

This is not just a promotional task; it is a redistribution of the power to build the financial system.

We are looking for:

• DeFi content evangelists / influencers / KOLs

• Community leaders / active Telegram group admins / DAO founders

• Those who want to bring OpenFi to local communities, regional nodes, or language cultural areas

• Those who believe in the protocol's value and are willing to be early contributors

You don’t need a "license," you just need to agree with what OpenFi is doing and be willing to participate.

The start of every financial reconstruction is an awakening of distributed sovereignty.

OpenFi is not just issuing tokens; we are establishing an entire decentralized treasury financial system using mechanisms like LP, bonds, treasury, and compound interest. We want this system to be activated from the "bottom up," not led from the "top down."

Now, you are the spark that ignites all of this. Welcome to join OpenFi’s path to global consensus.

About OpenFi: A New Paradigm for Cross-Chain DeFi Reserve Protocols

OpenFi is a leading decentralized bond financial protocol globally, focusing on the "Bonding + Rebase + Multi-chain Treasury" model, integrating stable yield distribution, real asset support, and cross-chain deployment capabilities, providing users with a sustainable on-chain yield experience. OpenFi started on BNB Chain and will expand into a multi-chain ecosystem, supporting various on-chain assets such as stablecoins and mainstream crypto assets as treasury backing. Its dual-token mechanism ($OPEN and $NEC) separates value capture from community governance, building a secure, compound-interest, and open financial growth system.

About FEC: A Decentralized Electronic Coupon Protocol Linking Global Consumer Scenarios

FEC (Fortune Earnings Coupon) is a global electronic coupon protocol launched by the Digital Trade Industry Alliance. It has been widely applied in nearly 10,000 stores across more than 10 countries and has received strategic investment support from Hong Kong-listed Sumon Capital International Holdings Group. FEC issues and circulates coupons through blockchain smart contracts, providing an efficient, secure, and transparent digital consumption incentive tool. It is widely used in e-commerce, offline retail, cross-border trade, content platforms, and O2O services, aiming to become the foundational infrastructure asset tool for global digital trade.

FEC is compatible with various trading platforms, retail systems, and payment platforms, and connects with Web3 wallets through API interfaces, building a blockchain rights tool that can be widely accessed by both Web2/Web3 merchants, reducing the threshold for traditional industries to enter the crypto world.

All issuing, rebate, and redemption actions of FEC are executed based on on-chain smart contracts, making all operations auditable and traceable with high credibility, meeting global regulatory requirements for the verifiability and security of digital assets.

The FEC token can be freely exchanged for mainstream digital assets (such as USDT, ETH) on decentralized exchanges and, combined with the "consume-rebate-repeat" mechanism, promotes the value circulation among global digital economy participants.

Shared Vision: Building a Trillion-Dollar Digital Value Network Infrastructure

OpenFi focuses on constructing a "decentralized bond market + multi-chain reserve asset system," while FEC is committed to building a "global consumption-driven digital asset issuance network." Their collaboration will form a true value passage connecting on-chain asset issuance with offline consumption applications, helping global users enter a "storage, appreciation, consumption" three-in-one on-chain economy.

Under this collaborative structure, FEC's "real-world transaction data + behavioral value" will be integrated into OpenFi's treasury and yield distribution mechanism, making DeFi no longer isolated from actual business activities. Meanwhile, OpenFi's on-chain asset growth logic provides FEC with a new token circulation path and holding value logic, solving the traditional points system's problem of "lack of value anchoring and long-term appeal."

In the future, OpenFi and FEC will jointly launch products, ecosystem incentive plans, and node cooperation mechanisms to empower community members and developers to participate in building the next-generation Web3 digital economy system.

Regarding this cooperation, OpenFi's core team stated:

"OpenFi, as a protocol-based financial infrastructure, has always been committed to exploring the integration paths between DeFi and real-world assets and consumption systems. FEC has a solid global foundation of landing scenarios and a mature commercial user network, making it an important partner for our cross-industry collaboration. We hope to use this cooperation to drive on-chain finance towards the mass market."

The cooperation between OpenFi and FEC is not just a simple investment link, but a deep fusion attempt between two Web3 infrastructures at the asset layer, protocol layer, and consumption scenario layer. This will bring more value-supported on-chain financial services to global users and inject new possibilities for the sustainable development of DeFi in the future.

Mainnet Launch = The Value-Driven Flywheel Begins to Spin

Unlike traditional projects that rely on VCs or presales for launch, OpenFi has chosen a more decentralized path:

• No private sales, presales, or token lock-up distributions.

• All $OPEN tokens will be minted by the protocol treasury, with the first circulating supply coming from user LP minting.

• Any user can obtain $OPEN through the LP bond mechanism, ensuring fairness, openness, and transparency.

No “chip gap” → No “selling pressure” → Everyone starts from the same starting line.

How to Get $OPEN?

After the OpenFi mainnet launch, the following two ways will be available:

1. Swap Trading Pairs

   Fairly listed trading pairs (e.g., $OPEN/$USDT), no pre-mining or institutional distribution, and users can directly purchase $OPEN from the market.

2. Participate in LP Bond Minting

   Gradually provide assets like USDT, BUSD, etc., to exchange for $OPEN at a discount through the protocol’s Bonding module, contributing to the treasury build and becoming true co-creators of the protocol.

Why Trust OpenFi More?

• All tokens are minted by the treasury and backed by real assets (PCV).

• The LP bond mechanism ensures funds enter the treasury, and token issuance is supported by assets rather than speculative value.

• No airdrops, no fake volume. Each $OPEN token represents a real asset mapping and the protocol’s credibility.

This is a token issuance method with greater structural stability and a more suitable asset model for DeFi’s long-term development.

A Community-First Protocol Shouldn’t Be Defined by Capital

OpenFi builds a decentralized "national bond" economic model. Users are no longer liquidity miners but participants in the "on-chain asset issuance market," part of the protocol’s monetary policy, and co-creators of on-chain reserve financial order.

Now, you can also participate:

• Join trading pairs and acquire $OPEN.

• Participate in LP bond minting and become a system initiator.

• Join community governance and take part in treasury management and token circulation rule setting.

Welcome to OpenFi. Build the Future of Decentralized Bonds.

OpenFi emerges in this market context, integrating bond financing, automatic compounding staking (Rebase), cross-chain deployment, and multi-asset support. It provides ordinary users with a novel DeFi yield model that is participatory, predictable, and capable of growth. This article will analyze from a user’s perspective why OpenFi stands as one of the most promising robust DeFi yield platforms today.

Three Major Pain Points: Collective Anxiety of Traditional DeFi Users

In recent years, numerous users have attempted to achieve financial freedom through DeFi, but many have encountered significant challenges:

1. Unsustainable High APY: Some projects initially offer annual yields in the tens of thousands, relying on airdrops and inflationary mechanisms to maintain these returns. Once interest wanes, token prices quickly collapse.

2. Unclear Risk Assessment: Many projects lack real asset backing, and users may appear to be earning compounded returns while unknowingly being positioned at the tail end of a Ponzi scheme.

3. Complex Multi-Chain Participation: Managing assets across multiple chains, staking, and arbitrage often involves multiple steps and signatures, creating cumbersome processes and exposing users to cross-chain bridge risks.

OpenFi seeks to address these challenges.

What Does OpenFi Offer to Users?

• Stable Rebase Compounding, Growing Yield Over Time In OpenFi, users who hold and stake $OPEN tokens can activate the automatic Rebase mode. The protocol periodically rewards stakers with tokens based on treasury earnings and system conditions, with the rewards growing via compounding. Unlike traditional “mining rewards” that rely on user activity (such as selling tokens), OpenFi’s Rebase rewards are derived from real asset inflows (such as bond sales, asset deployment, cross-chain staking yields), ensuring greater sustainability.

• Bond Mechanism: Discounted Dividends for Long-Term Users If you are a long-term supporter of OpenFi, you can participate through bond purchases—exchanging stablecoins, BNB, or ETH for discounted $OPEN tokens. This not only helps the protocol accumulate assets but also enables you to acquire more tokens at a lower price, thereby earning more Rebase rewards through staking. This strategy is optimal for long-term investors.

• Dual-Token Model: Governance and Yield Incentives In addition to $OPEN, OpenFi introduces $NEC, a governance incentive token used for:

  • Proposals and voting (participating in project decision-making)

  • Accelerating yield release (saving waiting time)

  • Accessing ecosystem airdrops and NFT identity rights

  This model incentivizes users to actively participate in community governance, not merely "passive earners," fostering a healthier ecosystem.

• Treasury-Backed and Cross-Chain Interoperability: Ensuring Yield with Solid “Anchors” Unlike traditional projects that rely solely on new users to maintain value, each $OPEN token issued by OpenFi is backed by real assets in the treasury, including:

  • Stablecoins (USDT, BUSD, DAI, etc.)

  • LSD (staked BNB/ETH)

  • Blue-chip asset LP positions

  These assets are managed by the treasury and also participate in external platform yield strategies, such as staking platforms (Ankr, Lido, etc.), stablecoin protocols, and re-staking services, ensuring a continuous inflow of capital for Rebase rewards.

  Moreover, these assets are not confined to a single chain. OpenFi supports multi-chain deployment across BNB Chain, Arbitrum, SUI, and plans to use technologies like LayerZero and CCIP to unify asset management, truly realizing “cross-chain value resonance.”

• Simple and User-Friendly: Accessible to Everyone OpenFi’s user interface is designed to be intuitive and beginner-friendly:

  • One-click Staking: Users can easily stake $OPEN tokens by connecting their wallet via the app, with automatic yield distribution.

  • Simulator Tool (in development): Users can simulate expected returns from different staking/bond strategies in advance.

  • Visual Treasury Data Dashboard: All treasury assets, return rates, and data are transparently displayed, ensuring user trust.

  Additionally, OpenFi will introduce a “Staking Tier System” and a “Contributor Points Program,” allowing more users to experience the joys of financial freedom through a gamified mechanism.

What Users Think of OpenFi: A Truly Long-Term DeFi Protocol

Feedback from the community shows that users are drawn to OpenFi not by the promise of short-term high returns, but because:

• “The yield model is simple and verifiable, I can understand it.”

• “The treasury contains real assets, not just empty promises.”

• “Instead of relying on initial launches, I’m truly participating in a growth cycle.”

This shift in user sentiment indicates that OpenFi is fostering a more rational and stable relationship with DeFi users—transitioning from short-term speculators to "protocol co-builders" and "long-term partners."

Stop Asking “What’s the Annual Yield Today?” Start Asking “Will I Still Be Here in Ten Years?”

At OpenFi, this consensus is taking shape:

• No longer blindly following short-term APY, but focusing on whether the underlying mechanism is sound.

• No longer just chasing single-chain arbitrage, but planning multi-chain asset compounding.

• No longer an observer, but an active participant, governance member, and beneficiary.

As DeFi matures from its explosive growth phase into one of value consolidation, OpenFi represents a stable force in this transformation. If you’re looking for a project where yields are visible, assets are backed, and mechanisms are understandable, OpenFi is worth your serious consideration.

What is OpenFi Treasury Initial Minting?

The Treasury Initial Minting is the only open channel for the original token $OPEN participation before the official mainnet launch of the OpenFi protocol. This is the protocol's first-ever token minting event, and subscribing users will become the first treasury investors, holding the 0th token and being among the first on-chain owners.

What you’re purchasing is not the $OPEN token itself but a pass to become a "value creator" of the OpenFi protocol, gaining the pioneering identity of having control over on-chain wealth.

Core Parameters of the Treasury Initial Minting

Why Participate in the Treasury Initial Minting?

1. Treasury's First Investors: Kickstart the Flywheel Your funds will be directly injected into the OpenFi Reserve Fund (PCV), becoming the base for the protocol’s collateral assets. This is the starting point of the entire protocol’s financial engine.

2. Protocol's Original Asset: Historic 0th Token Holder Identity All $OPEN tokens will be minted through the Treasury, and the Treasury Initial Minting is the only channel to acquire them. What you gain is the origin asset, the first-ever DeFi mining output before the protocol even operates.

3. No Private Sales, No Early Birds, Only You OpenFi does not conduct presales, introduce institutional investors, or create preferential whitelists—only users who truly believe in the protocol’s value can participate in the Treasury Initial Minting. You are not a buyer; you are a foundation builder.

4. True Freedom in Holding: No Lock-up + Unlimited Operations Once you subscribe, your $OPEN tokens have no lock-up period, and upon the mainnet launch, you can claim them and freely trade, stake, or participate in the bond protocol. You are ahead of everyone, able to enjoy the first wave of DeFi protocol growth.

Why Is Now the Only Window?

Once OpenFi’s mainnet launches, the bond market and Rebase automatic compounding mechanism will be fully activated. From then on, all $OPEN tokens will be minted in real-time based on treasury assets, and there will no longer be an opportunity to acquire $OPEN at a low price.

Now, through Treasury Initial Minting, you can acquire $OPEN at a historical lowest price of 95% off. This is the only on-chain channel to enter the protocol’s value system with "no dilution, high leverage, and low cost."

"Subscribe First, Mint Later" Participation Mechanism

1. Users subscribe via the official website and pay in USDT;

2. The first batch of tokens will be minted once the OpenFi mainnet launches;

3. Users can claim their $OPEN in their wallets with no lock-up restrictions;

4. They can immediately participate in staking, bond minting, trading, and all other protocol functions.

In traditional financial systems, only a few can participate in early asset allocation and rule-making. However, in OpenFi, every Treasury Initial Minting user is a partner in this "on-chain Federal Reserve." You are no longer just a user; you are a co-owner of the system.

OpenFi is not just a protocol; it is a community belief. We invite you, who truly understand the DeFi spirit and believe in the protocol's economic model, to become the first gear in this decentralized financial movement.

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Evolution and Challenges of Decentralized Bond Protocols

Early projects like OlympusDAO issued discount bonds to absorb assets and build a treasury, then incentivized users to stake tokens via high-frequency Rebase, creating the so-called “(3,3)” cooperation flywheel. This mechanism initially created stunning annual yields and billions of dollars in asset accumulation. However, during market downturns, high inflation combined with a lack of real yield support led many protocols into a "death spiral," severely impacting user confidence.

The market is now calling for a new model that retains the scalability and liquidity control of decentralized bond protocols while achieving sustainability, real yield sources, asset management, and cross-chain operations. OpenFi is born in response to this demand.

Key Features of OpenFi's Core Mechanism: From “Flywheel” to “Compound Interest Engine”

1. Bond + Rebase Mechanism Integration to Create a User-Friendly Growth Flywheel

   OpenFi retains the bond issuance logic of OlympusDAO but has restructured the token distribution and incentives more conservatively. Users can purchase $OPEN at a discount by staking stablecoins or quality assets, which allows the protocol to acquire treasury assets and expand liquidity control.At the same time, users holding $OPEN can opt to stake it into an automatic Rebase mode, earning protocol minting rewards based on their share of the epoch, with automatic compound interest accumulation, creating a long-term yield curve. Unlike earlier projects with annualized yields in the thousands of percent as short-term incentives, OpenFi’s Rebase design focuses on balancing yield and asset growth dynamically to ensure sustainable growth.

2. Multi-chain Deployment and Treasury Diversification

   A key breakthrough for OpenFi is its "full-chain deployment" strategy. Starting from BNB Chain, the project is already planning expansion to major ecosystems such as Arbitrum and SUI. By employing secure cross-chain communication protocols (such as LayerZero and CCIP), OpenFi enables seamless asset coordination across chains and extends the bond mechanism.This means that OpenFi can consolidate high-quality assets (such as BNB, ETH, stETH, USDC) from various chains into the treasury for compound investment, achieving cross-chain treasury value growth. Multi-chain deployment also enables users to participate across any ecosystem with no entry barriers, creating a broader network effect.

3. Dual Token Design for Value Capture and Governance Separation

   OpenFi adopts a dual-token structure:

• $OPEN: As the primary value reserve token, users can obtain rewards through bond purchases and staking. Each $OPEN token is backed by real treasury assets.

• $NEC: This is the governance and community incentive token. Holders can participate in proposal voting, accelerate yield release, and receive ecosystem airdrops, enhancing user engagement and activity.

This design enhances governance flexibility and avoids risks associated with single-token inflation, making the token system more stable and controllable.

Real Asset Backing and Price Stability Mechanism

OpenFi clearly states that each $OPEN token is anchored by real assets from its inception, with an initial support value of 1 USDT.As the protocol continues to absorb new assets and deploy them in yield-generating scenarios (such as LSD, stablecoin protocols, and lending protocols), the value of the treasury will continue to grow. This “excessive asset backing mechanism” will serve as an important foundation for $OPEN’s price, reducing extreme volatility risks.Additionally, the protocol incorporates a buyback and redemption mechanism to ensure that $OPEN can be algorithmically adjusted during market imbalances, effectively controlling price decoupling and providing users with a safety boundary.

Comparison with Predecessor Protocols’ Strategic Upgrades

OpenFi integrates and reconstructs the advantages of previous protocols, combining the current market demand for real yield, asset backing, and cross-chain compatibility. It paves a more practical and long-term value path for DeFi reserve currency protocols.

A Strong Competitor in Reshaping the “Decentralized Bond” Vision

DeFi is transitioning from single-chain experiments to multi-chain collaboration, from high-risk arbitrage to long-term compound growth. In this process, OpenFi not only inherits the ideas of "protocol-controlled value" and "community-driven growth" from OlympusDAO, but also advances its product mechanisms and asset models with a practical perspective.Whether it’s building a decentralized bond market, cross-chain deployment of real assets, or introducing multi-layer incentive models and governance participation, OpenFi is redefining the new standard for DeFi reserve protocols. In the future, it may not only be “the next Olympus” but could become the engine that truly drives decentralized bond finance forward.

What is a "Sovereign On-Chain Asset"? OpenFi's New Financial Model

In OpenFi's view, what DeFi lacks is not another Automated Market Maker (AMM) or a more efficient lending protocol, but:

• A “sovereign on-chain asset” that can be trusted long-term, continuously strengthened, and backed by real assets.

Therefore, OpenFi proposes the following core framework:

• A treasury backed by real assets as reserves;

• A monetary policy governed by the community;

• Funds raised through bond issuance;

• Compound growth achieved through Rebase and DAO mechanisms.

This framework essentially builds a "decentralized Federal Reserve" for the crypto world.

The Nature and Design of the OPEN Token

OPEN is the sovereign token issued by OpenFi, but it is not a stablecoin. OPEN possesses the following characteristics:

• Non-pegged: OPEN is not pegged to the dollar or any other fiat currency;

• Has a floor price: Each OPEN token is supported by at least 1 USDT in assets;

• Freely floating: Its market price is determined by supply and demand but always maintains a “value anchor.”

OPEN can be viewed as an asset-backed Special Drawing Right (SDR), allowing holders to benefit from asset appreciation.

Why is OPEN More “Stable” than Traditional Stablecoins?

Stablecoins such as USDT and USDC are pegged to the dollar, but if regulatory pressure increases, reserve transparency issues arise, or banks fail, the “peg” may lose stability.OPEN's stability derives from a three-tiered structure:

• Treasury reserves: Reserves consisting of real stablecoins, LP tokens, and other on-chain assets;

• Bond profits: Every bond sale brings profit to the protocol;

• Compound distribution: Profits are distributed to stakers, reinforcing consensus and solidifying the ecosystem.

This model does not rely on external "pegs," but on “co-creation”—the more trust the protocol gains, the more assets it holds, and the stronger and more stable the token value becomes.

The Similarities Between OpenFi and Central Banks

In a sense, OpenFi serves as the prototype of a decentralized, on-chain financial central bank, far beyond just a yield-generating protocol.

OpenFi's Ultimate Vision: Building the “Sovereign Asset Foundation” for On-Chain Finance

OpenFi's goal is to turn OPEN into:

• A cross-chain circulating “on-chain reserve currency”;

• A token that can be used for collateral, compound growth, payments, and governance;

• A fundamental asset applicable in various fields such as GameFi, RWA, and stablecoins.

In the future, with the integration of modules like steBNB and steUSD for re-staking, OpenFi will create a complete asset loop, encompassing sovereign bonds, stablecoin issuance, cross-chain reserves, and liquidity governance.

Conclusion: OpenFi is Not Just a Replica of OlympusDAO, But the Creation of a New Generation Sovereign Currency System

OpenFi surpasses traditional DeFi models with several innovations:

• Creating a non-pegged sovereign currency with a floor price;

• Designing a currency issuance mechanism managed by the protocol and governed by the community;

• Building an on-chain currency network that can withstand market volatility, expand, and manage liquidity.

Although OpenFi may not become the largest platform, it is undoubtedly one of the most irreplaceable and innovative protocols, marking an important step towards the maturity of DeFi.

In the DeFi world, stability and sustainability are eternal challenges.

Past liquidity mining brought rapid growth but also sowed the seeds of systemic risks. Once rewards stop, death follows — “mine, withdraw, and sell” has almost become an industry consensus. Protocols often fail to form intrinsic value, and the relationship between users and projects remains adversarial — users want profits, while protocols want retention, leading to an inevitable split.

OpenFi offers a different answer.

It is the spiritual successor of OlympusDAO and a more evolved DeFi financial system. In this system, the tokens are no longer backed by hollow narratives but by real assets accumulated by the protocol; liquidity is no longer borrowed but owned by the protocol itself; and rewards are no longer short-term incentives but are reinvested through automatic rebase and bond profits, benefiting long-term holders.

Bond-Driven Growth Flywheel

The first step of OpenFi’s core model is the "protocol actively selling bonds." Users exchange stablecoins or LP assets to “sell” to the protocol in exchange for discounted OPEN tokens. The protocol then injects these assets into the treasury, forming the Protocol-Controlled Value (PCV).

This is not traditional financing; rather, it’s a structural growth flywheel:

• Users buy bonds → Protocol accumulates assets → Distributes compound interest → Increases token attractiveness → More users buy bonds. This "sovereign bond logic" gives the protocol central bank-like reserve capability and monetary issuance sovereignty.

Protocol-Owned Liquidity: Ending "Mine, Withdraw, and Sell"

Traditional DeFi projects rely on external liquidity, borrowing funds for liquidity pools through token rewards, and when incentives stop, they collapse instantly. OpenFi, through its bond mechanism, absorbs LP assets, achieving “Protocol-Owned Liquidity (POL).”This means:

• The protocol becomes the largest market maker, controlling token price stability.

• Impermanent loss is absorbed by the protocol, and users only need to stake single tokens.

• The protocol can sustainably collect transaction fees to replenish the treasury.

This liquidity “nationalization” strategy significantly reduces the protocol’s dependence on external funds and avoids the risks of hot-money exploitation.

Sovereign Currency Model: Building an On-Chain Treasury System

The $OPEN token issued by OpenFi is essentially a "non-pegged sovereign asset," backed by a basket of on-chain assets, featuring an elastic monetary policy. The core principle is:

• It’s pegged to asset reserves, not fiat prices.

• It has a controllable expansion/contraction algorithm.

• Community governance controls minting and buybacks.

This model, which first took shape in OlympusDAO, is further refined in OpenFi and is prepared to expand into a multi-chain, multi-asset financial network, potentially even integrating Real World Assets (RWA) to build an on-chain bond market.

The Significance of OpenFi: Protocol Self-Sustenance

OpenFi is not another mining project, but rather an attempt at a protocol capitalism model: to allow protocols to own assets, liquidity, and monetary issuance rights.

OpenFi may very well become the infrastructure for the next decade of DeFi, a transformative paradigm that shifts from external incentives to internal self-consistency, from high-inflation subsidies to sovereign fiscal policies.

Bonds are not the end, but the beginning of a new consensus.