By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CoinworldstoryCoinworldstoryCoinworldstory
  • HOME
  • CRYPTO
    • AI
    • BOTS
    • ICO
    • AIRDROP
      • Featured Airdrops
    • Price Prediction
    • EXCHANGE
      • Best Centralized Exchange List 2025
      • Best Decentralized Exchange List 2025
    • ALTCOIN
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining
    • WALLETPRO
  • PR
    PR
    If You Looking For Submit Cryptocurrency Press Releases Than Coinworldstory Is Best Choice For Crypto Press Release Submission
    Show More
    Top News
    Verasity’s VRA token increases 300% because of its Product and Sales Strategy
    Verasity’s VRA Token Increases 300% Because Of Its Product And Sales Strategy
    9 months ago
    DeepTradeBot - Best Tool For Crypto Trade From Best Innovation Company
    DeepTradeBot – Best Tool For Crypto Trade From Best Innovation Company
    3 years ago
    Gravity Sport, a leading-edge NFT marketplace, becomes a second partner of Parma Calcio 1913
    2 years ago
    Latest News
    Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life
    1 hour ago
    Solo Leveling Levels Up: Korean Billion-Dollar Megafranchise Goes Onchain with Story
    15 hours ago
    SimpleFX Relaunches First Deposit Bonus
    20 hours ago
    TokenFi and New to The Street Announce National Media Partnership to Reach 219M+ Households
    21 hours ago
  • NEWS
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
    NEWSShow More
    Why Shiba Inu Large Transaction Volume Is Dropping Fast
    Why Shiba Inu Large Transaction Volume Is Dropping Fast
    3 weeks ago
    Crypto Tax Rules In Russia – What You Should Know
    Crypto Tax Rules In Russia – What You Should Know
    1 month ago
    Elon Musk Considering Blockchain To Bolster us Government Efficiency
    Elon Musk Considering Blockchain To Bolster us Government Efficiency
    1 month ago
    10 Next Big Meme Coin To Explode
    10 Next Big Meme Coin To Explode
    1 month ago
    9 Best AI-Powered Websites That Save You Hours of Work
    9 Best AI-Powered Websites That Save You Hours of Work
    2 months ago
  • GAMBLE
    • Certified Casinos
    • Bitcoin Casino
    GAMBLE
    If You Looking For Casino Review . Than we Write Many Article About Casino Please Look This Page . We Update This Page On Daily…
    Show More
    Top News
    Letslucky Casino Review: Welcome Offer + 300 Free Spins
    Letslucky Casino Review: Welcome Offer + 300 Free Spins
    2 weeks ago
    Meilleur Casino En Ligne Crypto-casino io
    Meilleur Casino En Ligne Crypto-casino io
    2 years ago
    Win Online Casino Games
    Betting Tips to Win Online Casino Games
    2 years ago
    Latest News
    Unlim Casino 2025 – Games, Bonuses & Crypto Payments
    4 weeks ago
    1win Casino Games – Exciting Slots, Crash Games & Bonuses
    4 weeks ago
    Pinco Casino Review: Games, Bonuses & Features
    4 weeks ago
    r7 Casino Review: Login, Sign Up, Bonuses & Promotions
    3 weeks ago
  • MORE
    • Guide
    • Only Best
    • Off Topic
    • Web Hosting
    • Ad Posting Jobs
    • Best Affiliate Marketing
    • Best Affiliate Programs
    • BOTS
    • Trusted Currency Exchanger Platform
    • Blockchain Games
    • Metaverse Review : Best Metaverse Program Review
    • Online Survey
    • Payment Platform
  • VPN
  • Contact Us
Reading: Ousd.com Defi Review: Complete Guide & Review About Ousd
Share
Notification Show More
Font ResizerAa
CoinworldstoryCoinworldstory
Font ResizerAa
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
Search
  • HOME
  • CRYPTO
    • AI
    • BOTS
    • ICO
    • AIRDROP
    • Price Prediction
    • EXCHANGE
    • ALTCOIN
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining
    • WALLETPRO
  • PR
  • NEWS
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
  • GAMBLE
    • Certified Casinos
    • Bitcoin Casino
  • MORE
    • Guide
    • Only Best
    • Off Topic
    • Web Hosting
    • Ad Posting Jobs
    • Best Affiliate Marketing
    • Best Affiliate Programs
    • BOTS
    • Trusted Currency Exchanger Platform
    • Blockchain Games
    • Metaverse Review : Best Metaverse Program Review
    • Online Survey
    • Payment Platform
  • VPN
  • Contact Us
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » Ousd.com Defi Review: Complete Guide & Review About Ousd
DEFI

Ousd.com Defi Review: Complete Guide & Review About Ousd

Cws Team
Last updated: 08/10/2024 7:07 PM
Cws Team
4 years ago
Share
Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
What Is Ousd.com? Complete Guide & Review About Ousd
SHARE

About Ousd.com

Ousd.com (OUSD) is a new stablecoin that was initially launched in September 2020 on the Ethereum network. Its design is superior to existing stablecoins because OUSD captures competitive yields while being passively held in wallets. In 1999, Yu Pan, Origin’s R&D engineer, and his fellow PayPal co-founders conceived of creating “the new world currency”, complete with interest yielding strategies and debit cards without having to connect to traditional banking systems. Several pivots and an eBay acquisition later, PayPal dropped its ambitions in this area.

Contents
  • About Ousd.com
  • Ousd.com Storage Key Points
    • How It Works
      • 100% Backed and Stable
      • Minting OUSD
      • Redeeming OUSD
      • Automated Yield Farming
      • Elastic Supply
    • All the earnings, none of the hassles
    • Spend your OUSD with ease
    • Elastic supply, stable price
    • 1:1 backed by other stablecoins
    • Automated yield farming
    • You always have full control
    • Backed by optional insurance
    • Created by cryptocurrency and fintech veterans
    • Disclaimer:

Almost two decades later, Tether introduced the concept of a USD-denominated stablecoin in 2014. Ousd.com Since then, stablecoins have proven themselves as an ideal way of transferring value without exposing users to the price volatility of free-floating currencies. Today, more value is transferred via Tether than with Bitcoin. Meanwhile, Decentralized Finance (DeFi) has experienced an explosion of growth with billions of dollars of capital now locked up in smart contracts that generate yields from lending and trading protocols.

One of the problems with existing stablecoins is that users have to constantly choose between holding an easily spendable coin and earning yields by locking their tokens up in smart contracts. For example, users that lock up USDC in Aave cannot spend a portion of that USDC simultaneously. Expensive Ethereum gas fees serve as “switching costs” each time those users want to switch between spending mode and earning mode.

Ousd.com Storage Key Points

Coin Basic Information
Coin Name Ousd.com
Short Name DONI
Circulating Supply9,002,926.52 OUSD
Max Supply9,002,927
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter Page Click Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

How It Works

100% Backed and Stable

Origin Dollar (OUSD) is an ERC-20 compliant token for the Ethereum network. OUSD is a stable currency that is backed 1:1 by other stablecoins like USDT, USDC and DAI. As a result, 1 OUSD should always be very close to 1 USD in value.

- Advertisement -

Minting OUSD

Users convert their existing stablecoins (currently USDT, USDC, and DAI) to OUSD at the official Origin Dollar DApp. Issued OUSD begins accruing compounding yield immediately.

Redeeming OUSD

Users can convert their Ousd.com back into other stablecoins at any time using the Origin Dollar DApp. A 0.5% exit fee is charged upon redemption and is distributed as additional yield to the remaining participants in the vault. The fee serves as a security feature to make it difficult for attackers to take advantage of lagging oracles, preventing them from syphoning stablecoins from the vault in the event of mispricings of of the underlying assets. The fee exists to incentivize long-term holders over short-term speculators.

Automated Yield Farming

OUSD Coin generates yields by deploying the underlying stablecoins that were deposited to the OUSD smart contract to other DeFi protocols such as Compound, Aave, Uniswap, Balancer, and Curve. It is expected there will be new diversified strategies added to the vault every month. Collected interest, trading fees, and rewards tokens are pooled and converted to stablecoins to produce OUSD-denominated yields. Over time, the protocol will move assets in and out of different liquidity pools in order to provide the best yield to the holders of OUSD.

Elastic Supply

The generated returns are passed on to the holders of OUSD via constant rebasing of the money supply. OUSD constantly adjusts the money supply in response to the yield the protocol has generated. This allows the price of OUSD to stay pegged at $1 while the balances in token holders’ wallets adjust in real-time to reflect yields that have been earned by the protocol.

All the earnings, none of the hassles

Ousd.com DeFi yields are automatically converted to OUSD and accrue in your wallet. Your OUSD balance compounds multiple times per day. No staking or lock-ups are required.

- Advertisement -

Spend your OUSD with ease

There’s no need to unwind complicated positions when you want to spend your OUSD. Transfer OUSD without having to unstake or unlock capital.

Elastic supply, stable price

OUSD is pegged to the US Dollar. Returns are distributed as additional units of OUSD. Supply rebasing happens multiple times per day. See your OUSD grow much faster than your USD grows in traditional savings accounts.

1:1 backed by other stablecoins

OUSD.com is secured by other proven stablecoins like USDT, USDC, and DAI. Capital is further insured by governance tokens issued by platforms like Aave and MakerDAO.

- Advertisement -

Automated yield farming

Ousd.com Automated strategies in transparent OUSD smart contracts manage your funds. See exactly how your money is being put to work.

You always have full control

Store and earn OUSD Cryptocurrency with non-custodial Ethereum wallets. Enter and exit OUSD whenever you want. There’s no minimum holding period or minimum OUSD amount required to earn yields.

Backed by optional insurance

Protect your OUSD holdings with smart contract insurance. Optional coverage is provided by Nexus Mutual and Cover Protocol.

Created by cryptocurrency and fintech veterans

The Origin Dollar is brought to you by the team at Origin Protocol, which includes serial entrepreneurs, early cryptocurrency investors, early employees at YouTube, engineering managers at Google/Dropbox, and one of the original Paypal co-founders.

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment into any online program with money you aren’t prepared to lose. Make sure to research about the website. So Please take care of your investments. and be in the safety site and avoid much losing online.

10 Best Multi-Chain Defi Dashboards for 2025 | Top Crypto Portfolio Trackers
DeFi Aggregator vs DEX Aggregator: Key Differences Explained
10 Best DeFi Protocols With Top Returns In 2025
10 Best DeFi Insurance Protocols: for Secure Crypto Coverage
10 Best DeFi Analytics Tools For In-Depth Crypto Insights
Share This Article
Facebook Email Print
ByCws Team
Follow:
One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
Previous Article Bitcoin Falls Below $ 30,000 For The First Time In Four Weeks Bitcoin Falls Below $ 30,000 For The First Time In Four Weeks
Next Article Us Senate Wants To Ban Athletes From Using Digital Yuan At Olympic Us Senate Wants To Ban Athletes From Using Digital Yuan At Olympic
10 Best Crypto Exchanges for Easy Recurring Buys 2025
10 Best Crypto Exchanges for Easy Recurring Buys 2025
Best Centralized Exchange List 2025
10 Best Prop Firms in South Africa for Funded Traders
10 Best Prop Firms in South Africa for Funded Traders
Prop Firm
Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life
Press Releases
Solo Leveling Levels Up: Korean Billion-Dollar Megafranchise Goes Onchain with Story
Press Releases

Latest Published

9 Decentralized Finance (DeFi) Coins – Top Tokens & Insights

9 Decentralized Finance (DeFi) Coins – Top Tokens & Insights

7 months ago
9 Top DeFi Tokens To Hold For 2025

9 Top DeFi Tokens To Hold For 2025

7 months ago
How To Invest In DeFi Lending: A Step-by-Step Guide

How To Invest In DeFi Lending: A Step-by-Step Guide

8 months ago
9 Best Decentralized Exchanges In 2025 | Top DEXs For Crypto Trading

9 Best Decentralized Exchanges In 2025 | Top DEXs For Crypto Trading

9 months ago
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
What Is Solana? A Complete Guide to the Fast and Scalable Blockchain
What Is Solana? A Complete Guide to the Fast and Scalable Blockchain
Trending
10 Best Shoes For Bunions – Comfort, Support & Pain Relief
10 Best Shoes For Bunions – Comfort, Support & Pain Relief
Trending
10 Best Macroeconomics Books-for Students and Professionals
10 Best Macroeconomics Books-for Students and Professionals
Trending
CoinworldstoryCoinworldstory
Follow US
© Coinworldstory News Network. Cws Design Company. All Rights Reserved.
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?