Saakuru-MetaOne-logo
Embeddable SDK
Cashback
dApp Store
Referrals
Help
Saakuru-MetaOne-logo
Saakuru-MetaOne-Discovery
Discovery
Saakuru-MetaOne-Apps
Apps
Saakuru-MetaOne-Games
Games
Saakuru-MetaOne-Search
Search
Explore Web3 & Metaverses intuitively with Saakuru App
Created by
Saakuru-MetaOne App logo
Saakuru-MetaOne-Discover
Discover
Saakuru-MetaOne-Apps
Apps
Saakuru-MetaOne-Games
Games
Saakuru-MetaOne-Search
Search
Saakuru-MetaOne-Saakuru-MetaOne-banner-logo
Saakuru-MetaOne-Saakuru-MetaOne-logo

Origin Dollar Governance

Stake OGV To Earn OGV
Category
Saakuru-MetaOne-Saakuru-MetaOne Category
Finance
Blockchain
Saakuru-MetaOne-Ethereum-badge-icon
Ethereum
Currency
Saakuru-MetaOne-currency-icon
OGV
Publisher
Saakuru-MetaOne-Saakuru-MetaOne-Publisher
Origin Protocol Inc.
Saakuru-MetaOne-play-button
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
Saakuru-MetaOne-game-image
What is Origin Dollar Governance?
Governed by OGV stakers OUSD's future is shaped by voters who lock their OGV and participate in decentralized governance.
Information
Type
Staking
Blockchain
Ethereum
Currency
OGV
Platform
Windows, macOS
Publisher
Origin Protocol Inc.
FAQ
As with any Ethereum transaction, you will need Ether to interact with the OUSD smart contract. We have taken measures to reduce gas usage where possible, but these costs can vary.
Anytime you mint or redeem OUSD, there will be an exchange rate applied to your stablecoins deposited or withdrawn. To encourage long-term holding of OUSD and to protect the protocol from attackers, an exit fee of 0.25% is charged on all redeems
The amount of OUSD in your wallet will grow each time there is a positive rebase event.
The supply is currently rebased several times per day and is usually correlated with how many people are minting and redeeming OUSD.
By default, rebase events don't affect the supply of OUSD that is sitting in smart contracts. These contracts can opt in to receiving additional OUSD if they are capable of handling elastic supply tokens.
You can read about our various strategies in Yield Generation. We currently get most of the yield from harvesting rewards tokens (namely COMP and CRV). Additionally, the yield increases as more OUSD is held in smart contracts that do not opt into rebasing since the underlying collateral continues to earn for the average OUSD holder.
OUSD balances increase when the supply is rebased. But the size of each rebase varies wildly depending on how much the vault has earned since the last rebase. And while most rebases collect a small amount earnings from lending strategies, other rebases involve liquidating rewards tokens or collecting fees. As a result, the yield will vary significantly during short time periods.
On November 7th 2020, OUSD was exploited for 7M USD due to a previously undetected reentrancy bug.Origin Dollar was relaunched in December after completing multiple audits and security upgrades.
Social Links
Saakuru-MetaOne-Facebook
Facebook
Saakuru-MetaOne-Twitter
Twitter
Saakuru-MetaOne-Discord
Discord
Saakuru-MetaOne-Telegram
Telegram
Saakuru-MetaOne-Reddit
Reddit
Saakuru-MetaOne-Youtube
Youtube
You Might Also Like