What Is OpenEden and How to Earn Bills for the OpenEden Airdrop

Guide to Earning Bills for the OpenEden Airdrop

You can earn Bills (OpenEden’s pre-launch point system) by contributing liquidity to the OpenEden protocol. Bills can be earned by holding USDO, cUSDO, engaging with partner DeFi platforms, and referring others to the ecosystem.


Key Takeaways

  • OpenEden is a real-world asset (RWA) tokenization platform behind USDO, a regulated, yield-bearing stablecoin fully collateralized by tokenized U.S. Treasury bills.
  • Since launching USDO on February 20, 2025, the protocol has surpassed $100 million in Total Value Locked (TVL) within two months, with over 7,000 holders across Ethereum and Base.
  • USDO is issued by a Bermuda-licensed entity in a bankruptcy-remote structure and provides daily rebasing yield directly from tokenized TBILL vault reserves.
  • OpenEden’s TBILL vault remains a top-tier global issuer, surpassing $150 million TVL in October 2024 and earning Moody’s “A” rating.
  • The platform operates under regulation in the BVI, Bermuda, and Singapore, has Binance Labs and YZi Labs as investors, and counts 100+ institutional clients.
  • Ahead of any potential token incentives, OpenEden’s “Bills Points Campaign” reward community participation and early engagement.

What is OpenEden?

OpenEden, founded in 2022 by Jeremy Ng and colleagues, bridges traditional finance and DeFi via regulated entity structures in the BVI, Bermuda, and Singapore. Its focus is enabling real-world yields—particularly U.S. Treasury bills—to flow into crypto.

Key features include:

  • Regulatory compliance: BVI Fund oversight and Bermuda Digital Asset Business Act license ensure secure and transparent issuance.
  • Moody’s “A” rating: The TBILL vault is the first tokenized U.S. Treasury product awarded an investment-grade score.
  • Institutional adoption: Over 100 institutional clients, with backing from Binance Labs and YZi Labs.
  • Robust tokenization stack: Comprehensive vault architecture with audit transparency and proof‑of‑reserves via Chainlink integration.

USDO: A Yield‑Bearing Regulated Stablecoin

  • Launch and backing: USDO launched Feb 21, 2025, as a U.S. dollar‑pegged stablecoin fully backed 1:1 by tokenized U.S. Treasuries via the TBILL vault.
  • Rapid growth: Within 2 months, USDO reached $100+ million in TVL and 7,000+ holders across Ethereum and Base.
  • Yield mechanism: A daily rebasing model distributes yield derived from Treasury returns directly to holders’ USDO balances.
  • DeFi integration: USDO and its composable version, cUSDO, are integrated with Morpho, Euler, Spectra, Upshift, Pendle, Napier, and others.

TBILL Vault: The Cornerstone

  • Tokenized on-chain exposure: The vault issues TBILL tokens, each backed by short-term U.S. Treasury bills and USD reserves. Investors mint and redeem via smart contracts.
  • TVL milestones: Surpassed $100 million in August 2024, and climbed to $150 million by October 22 2024—ranking among the world’s top five tokenized treasury issuers.
  • Institutional trust: Adopted by DAOs like Arbitrum, and by Ripple with $10 million allocated.
  • Security & clarity: Managed under BVI regulation, with Singapore-based licensed investment oversight, and third-party audits by Big Four firms.

OpenEden Airdrop & Community Rewards

OpenEden is actively engaging its community with incentive programs designed to accelerate adoption and awareness of its USDO stablecoin and TBILL vault:

Bills Points Campaign

Users earn points (“Bills”) by interacting with OpenEden protocol. These can be redeemed later, potentially for token incentives.

These programs reinforce OpenEden’s mission to combine regulatory compliance, real-world asset yields, and on-chain accessibility.

How to Earn with OpenEden Now

Step 1: Connect Wallet

Go to https://portal.openeden.com/bills-campaign and connect your wallet. After connecting, you will be prompted to accept the Terms and Privacy Policy.

Step 2: Enter Invite Code

Next, enter an invitation code to receive a boost. This invitation code provides either a 5% or 7% boost bills. You can use my invitation code to get the 7% boost.

  • Invite Code: WOHSd3jLP3

Step 3: Get USDO or cUSDO

You can get USDO either by minting it or purchasing it on the secondary market (DEX).

1. Mint USDO

To mint USDO, you are required to complete KYC and submit supporting documents (such as tax proof, bank statements, etc.). Once you’ve received your USDO, you can wrap it into cUSDO to use in various DeFi activities. Request mint here: http://app.openeden.com/usdo/

2. Buy cUSDO on DEX

You can also buy cUSDO directly from DEX or aggregator. Below are the contract addresses for cUSDO.

  • Ethereum: 0xaD55aebc9b8c03FC43cd9f62260391c13c23e7c0
  • Base: 0x83dB73EF5192de4B6a4c92bD0141Ba1a0Dc87c65
  • Binance Smart Chain: 0x64748ea3E31d0B7916F0fF91b017B9f404DED8eF

You can buy cUSDO on Cowswap or Kyberswap

Link: https://swap.cow.fi/#/1/swap/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48/CUSDO

Step 4: Participate in DeFi Activities to Earn More Bills

Simply holding USDO or cUSDO in your wallet gives you 1 bills per cUSDO per day. To maximize your rewards, use cUSDO in DeFi protocols to earn more points

1. Deposit cUSDO on Upshift – Earn 10 Bills per cUSDO per day + 12% APY

Go to https://app.upshift.finance/, connect your wallet, then select the Deposit menu. Find the “cUSDO” vault and deposit your cUSDO.

2. Provide LP on Curve or Balancer – Earn 10 Bills per $ per day

3. Hold YT on Pendle, Napier, Spectra – Earn 15 Bills per YT per day

4. Provide LP on Pendle, Napier, Spectra – Earn 5 Bills per $ per day + LP APY

You can explore more eligible DeFi activities on the Bills Dashboard

Other DeFi activities have different Bills multipliers, which you can view on Bills Dashboard.

Conclusion

OpenEden is building a compliant, transparent, and yield-rich bridge between traditional finance and DeFi. With USDO and TBILL, the platform offers institutional-grade stablecoin yield, strong regulatory frameworks, and on-chain composability.

If you’re exploring stablecoins with real-world yield, now is the perfect time to explore OpenEden: mint TBILL, hold USDO, collect points, and shape the future of regulated DeFi.

LEAVE A REPLY

Please enter your comment!
Please enter your name here