DAOUSDT
DAO Maker / Tether USD
crypto Composite

Nailed it. The tech is good but the founders tax always left a bad taste. Wrapping ZK-SNARKS in a corporate VC structure just kills the whole point of decentralized privacy.
It's crazy because you look at older grassroots projects like PIVX that just took the same privacy protocol, made it proof of stake, and run off a DAO treasury with literally zero VC bags waiting to dump. ZEC is basically just silicon valley trying to larp as cypherpunks.

Yeah. It's me who is missing the point
/s
Chaos DAO and a handful of others control governance.

I wouldn't apply an OUSG yield to an ONDO balance. It's easy to get from "Ondo does tokenized Treasuries" to the wrong conclusion about what you're actually holding.
Ondo Foundation describes ONDO as the governance token for the Ondo DAO and Flux Finance. Ondo Finance's OUSG documentation describes a separate product with investor eligibility and onboarding requirements. Its portfolio provides exposure mainly to short term US Treasuries, along with other specified holdings. OUSG subscriptions and redemptions use the net asset value per token.
Holding ONDO doesn't give you OUSG's investment or redemption rights, regardless of where you bought it. An ONDO/USDT spot purchase on BYDFi is a purchase of that governance token. I'd check which token I'm holding before doing any yield maths.