Peer-to-peer commerce company Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides, no staking or account required.
How does OUSD work Crypto?
The OUSD smart contracts deploy your underlying capital to a diversified set of yield-earning strategies, rebalancing over time to achieve strong yields while diversifying risk. Earnings automatically accrue in your wallet and compound continuously while you hold OUSD.
What Blockchain is OUSD?
Origin Dollar (OUSD) is the first stablecoin that earns a yield while it’s still in your wallet. Built by the team at Origin Protocol (OGN).
Origin Dollar: Earn an automatic yield holding stablecoins on Ethereum
Is OUSD on Coinbase?
(OUSD / USD) Origin Dollar is not supported by Coinbase.
Is OUSD coin safe?
While it’s impossible to guarantee our contracts are 100% safe, we have taken every step possible to mitigate the chance of losing funds: We regularly have our work audited by the top auditors in the industry. DeFi insurance is availble to offer smart contract coverage as an optional add-on service for OUSD holders.
Is OUSD a stablecoin?
The perfect stablecoin for both spending and saving At an estimated APY of 13.05%, OUSD earnings trounce traditional financial instruments.
Getting Started with OUSD in Under 5 Minutes
How does OUSD make money?
Collected interest, trading fees, and rewards tokens are pooled and converted to stablecoins to produce OUSD-denominated yields.
How do I buy OUSD?
Buying OUSD The Origin Dollar DApp allows anyone to buy or sell OUSD using a web-3 enabled cryptocurrency wallet like Metamask, Ledger, or Gnosis Safe. This is the native way to get OUSD, especially if you want a large amount that could risk moving the market on other exchanges.
What’s the rate of an exit fee charged of origin dollar OUSD on all redeems?
Origin Dollar (OUSD) Demo
Is ogn a stablecoin?
Origin Dollar (OUSD) OUSD is an Ethereum-based stablecoin whose value is pegged to the U.S. Dollar.
Is Hydra a Cryptocurrency?
Around half of the roughly $2 billion in transactions going into Hydra’s cryptocurrency addresses in 2021 and early 2022 were from illicit or “risky” sources, such as stolen funds, dark-web markets, ransomware, online gambling, scams, and individuals and organizations facing sanctions, according to cryptocurrency …
Where can I buy Origin Protocol?
- Amber Pro (Web only)
- Crypto.com (Mobile App only)
- Blockchain.com (Web only)
- Decentralized Exchanges.
- Buying OGN from Coinbase.com.
- Buying OGN from the Coinbase mobile app.
- Buying OGN from Coinbase Pro.
Earn Stablecoins AUTOMATICALLY in Your Wallet with Origin Dollar $OUSD
How does a Stablecoin minimize price volatility?
Stablecoins are designed to minimize price volatility by means of: (i) pegging against a national currency or commodity, (ii) collateralization with respect to other cryptocurrencies, or (iii) algorithmic coin supply management.
Where did the word dollar come from?
The word dollar is the Anglicized version of the German word thaler (Czech tolar and Dutch word daalder or daler), a shortened version of the word Joachimthalers. The word thaler comes from the German root “thal” which means valley and “thaler” indicates a person or thing from the valley.
How much is Hydra coin worth?