About Origin Dollar
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).
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Market Stats
Market Cap
$8.76M
0.09%
FDV
$8.76M
Circ. Supply
8.8M OUSD
Max Supply
Not enough data
Total Supply
8.8M OUSD
Diluted Valuation
$8.75M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$130.69K
48.52%
Volume (7D)
$856.21K
Volume (30D)
$3.81M
All time high
$4.83
Price Change (1Y)
Not enough data
0.3%
Additional details
Market details
OUSD vs markets
↗ 6.98%
OUSD vs BTC
↗ 8.79%
OUSD vs ETH
↗ 6.52%
Tags
defi
stablecoin
usd-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x2A8e1E676Ec238d8A992307B495b45B3fEAa5e86 | |
Astar | 0x29f6e49c6e3397c3a84f715885f9f233a441165c |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.00 | |
1 Day | $1.00 | |
1 Week | $1.00 | |
1 Month | $1.00 | |
1 Year | $1.00 |
FAQ
Origin Dollar (OUSD) is an ERC-20-based compliant token for the Ethereum network. It intends to be a stable currency backed 1:1 by other stablecoins like USDT, USDC, and DAI. The token is specially designed to offer competitive yields while passively being in wallets.
The OUSD aims to provide users with earning opportunities across DeFi. For instance, the OUSD smart contract deploys users’ underlying capital in diversified yield-earning strategies, rebalancing overtime while diversifying the risk. In addition, no staking or lockups are required. DeFi yields are converted to OUSD automatically and accumulate in users’ wallets.
Moreover, DeFi traders can automatically calculate their earnings as they can easily see their constantly updated OUSD balances with interest compounds. OUSD envisions it as an ideal stablecoin for DeFi yield farmers and new cryptocurrency users.
Unlike other tokens, OUSD asserts to work differently. Instead of increasing price as the value of the assets under management increases (Compound cTokens or Yearn yTokens), one OUSD remains constant at approximately $1. The OUSD contracts constantly adjust the monetary supply and automatically update the balance in every token holder's wallet to reflect the protocol's yield.
OUSD integrates with DeFi lending platforms that offer over-collateralized loans. Over-collateralization, combined with smart rules around liquidations, provides a reasonable security level for lenders. Users can even protect their holdings with smart contract insurance. A user can also make a financial bet on contracts' security and earn a yield by providing coverage.
Unique to the industry, OUSD beats traditional savings and markets by offering an estimated APY of 14.64 percent, instantaneous peer-to-peer transfers, and remittances without fees.
OUSD was initially introduced in September 2020. Josh Fraser (cofounder), Matthew Liu (Cofounder), Yu Pan (founding engineer), and Max Unger (head of community) are the core team members of the Origin Dollar ecosystem.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Origin Dollar news
Social stats
Popularity in posts
#1860
Contributors
35
Posts
82
% About Origin Dollar
0.008%
Articles
0
X (Twitter)
15.22% bullish
Sentiment
3.7 ★
Highlights
35 unique individuals are talking about Origin Dollar and it is ranked #1,860 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Origin Dollar has an average sentiment score of 3.7 out of 5. Finally, Origin Dollar is becoming less newsworthy, with 0 news articles published about Origin Dollar.
On Twitter, people are mostly neutral about Origin Dollar. There were 24.14% of tweets with bullish sentiment compared to 58.62% of tweets with a bearish sentiment about Origin Dollar. 75.86% of tweets were neutral about Origin Dollar. These sentiments are based on 46 tweets.
On Reddit, Origin Dollar was mentioned in 35 Reddit posts and there were 360 comments about Origin Dollar. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.