Fees

Fees on the Open Dollar platform are transparent and predictable with no inconvenient changes or surprises.

Collected OD from fees revenue partly funds the ODG-governed DAO treasury and is also used to buy and burn ODG tokens

Stability fee

Borrowing OD is subject to an interest fee of 2% APR.

Liquidation Penalty

In the event of vault liquidation, vaults are subject to a liquidation penalty of up to 20%, depending on the vault type. This is not a fee incurred due to normal platform use, but as a result of a liquidation event.