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Transfers

Can I transfer the Tokens?​

Yes, Tokens can be transferred between any wallet which has been added to the Allowlist.

What is the Allowlist?​

The Allowlist is an on-chain list of addresses that are authorized to hold Tokens. You can be added to the Allowlist by confirming that you meet the geographical eligibility requirements and have read and agree to other certain terms.  (Please note that if you complete onboarding for USDY, you are automatically added to this list.)

How to Accept the Terms and Add Your Address to the USDY Allowlist​

There are two options available

Option 1: Web Application​

  1. Visit the USDY Finance Web Application (easiest option)
    Navigate to usdy.finance.

  2. Follow the On-screen Instructions
    The web application will guide you through the steps necessary to read and accept the terms and get your address added to the allowlist.

Option 2: Direct Contract Interaction​

  1. Access the Allowlist Contract
    Go to 0x13300511f43768a30bb2bf10b63B6d502D1F7FE5 on Etherscan.

  2. Retrieve and Read the Current Terms
    Click on the Contracts tab, then Read as Proxy. Find and click the getCurrentTerm function to retrieve the URL where the terms are hosted. Download the terms document by copying and pasting the URL into a new tab, and reading it thoroughly.

  3. Identify the Current Term Index
    Once you have read the terms, please find and click the currentTermIndex. You will need the returned term index for the next step. As of 9-18-2023, the TermIndex is 0.

  4. Connect your Wallet Click on the Write as Proxy tab, and Connect to web3. Please connect your wallet via your chosen provider.

  5. Accept the Terms On-chain
    Find the addSelfToAllowlist function, insert the value retrieved from currentTermIndex (step 3), and click Write to trigger the transaction in your wallet. Approve the transaction in your wallet.

  6. Verify Your Address
    After the transaction is confirmed, you can verify that your address is on the USDY allowlist by using the isAllowed function available in the Read as Proxy section. Insert your wallet address and click on Query. If the answer is True, your wallet has been successfully added. You can now use, hold, and trade USDY.




Legal Notice

These pages are provided solely to facilitate your understanding of certain key features and terms of USDY and its issuer, and is qualified in all respects by the Tokenized Credit and Security Agreement, your Subscription Agreement, the Borrowing and Lending Memorandum, and the Limited Liability Company Agreement of Ondo USDY LLC.

For the purposes of these pages, the capitalized term “Token” shall refer to the transferrable USDY token.

Neither these pages, nor any related links or discussions, nor any portion hereof or thereof, constitutes any offer to sell, or any solicitation of an offer to buy, any securities, including but not limited to USDY Tokens.

Neither these pages, nor any related links or discussions, nor any portion hereof of thereof, constitutes any representation, warranty or covenant on the part of Ondo Finance Inc., Ondo USDY LLC or any other person.

These pages and their links contain, and officers, agents or representatives of Ondo Finance Inc. or Ondo USDY LLC may from time to time make, "forward-looking statements".  Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions.  Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the control of Ondo Finance Inc., Ondo USDY LLC and their respective officers, agents and representatives. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

Acquiring USDY Tokens is speculative and involves substantial risks.  There can be no assurances that a USDY Token holder will not incur losses, including total loss of their investment in USDY Tokens.

The USDY Tokens are not offered OR SOLD, and will not be offered OR SOLD, in the United States or to US persons.  In addition, the USDY Tokens have not been registered under the Securities Act of 1933, as amended (the “Act”) or the securities laws of any other jurisdiction, and may not be offered, sold or otherwise transferred in the United States or to US persons unless the securities are registered under the Act, or an exemption from the registration requirements of the Act is available.  Additional limitations on transfer also apply.