The self-custodial, yield-generating stablecoin

Origin Dollar simplifies DeFi by eliminating the need for staking or lock-ups. Hold OUSD in any Ethereum wallet and watch your balance increase every day.

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Total value of OUSD wallet balances

ousd
A high-yield, low-risk DeFi strategy

Grow your stablecoin portfolio by swapping USDC, USDT, or DAI to OUSD. Yields are generated on-chain, distributed directly to your wallet, and compounded automatically. Your funds are never risked on speculative positions.

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Not-so-secret sauce

Multiple factors contribute to OUSD outperforming its underlying strategies, but there's one big one. While 100% of the collateral is used to generate yield, only some of the OUSD in circulation is receiving that yield.

By default, OUSD does not grow when it's held by smart contracts. This means that the yield that would go to these smart contracts becomes a bonus for all other OUSD holders. OUSD is different from most other ERC-20 tokens because your balance increases without receiving a transfer. Many smart contracts, such as AMMs, are not set up to properly account for these increases. So OUSD is designed to allocate this yield to regular wallets instead of letting it go to waste. Any smart contract can opt in to receive yield, but the reality is that much of OUSD's supply is held in AMMs where liquidity providers are motivated to forego their yield in exchange for other incentives.

Additional sources of OUSD’s above-market yield include exit fees, smart rebalancing, and automated compounding. As the protocol grows, OUSD holders enjoy greater economies of scale with the cost of funds management spread out over a larger pool of users.

Secret Sauce
Fully transparent on the Ethereum blockchain

Funds are deployed to automated, on-chain, blue-chip stablecoin strategies. There are no gatekeepers or centralized money managers and governance is entirely decentralized.

Current yield sources & allocations
Yield source
Allocation
See how yield is generated
Always 100% collateralized

OUSD is backed 1:1 by the most trusted collateral in crypto. Reserves are verifiable on-chain. You can redeem OUSD immediately at any time.

DAIUSDTUSDC
Total
$33,980,120
dai
Dai
(DAI)

31.29%

$10,633,296

usdt
Tether
(USDT)

34.60%

$11,759,478

usdc
USD Coin
(USDC)

34.10%

$11,587,345

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See how it works
Audited by leading security experts

Securing your funds is OUSD's top priority. Changes to the protocol are reviewed by internal and external auditors on an ongoing basis.

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Governed by OGV stakers

OUSD's future is shaped by voters who lock their OGV and participate in decentralized governance.

ogv

OGV PRICE

$0.0000

OGV MARKET CAP

$0

CIRCULATING SUPPLY

0

TOTAL SUPPLY

0
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OGV is listed on top exchanges

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To Earn OGV

Fees and voting rights accrue to OGV stakers. Control the future of OUSD and profit from its growth.

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Frequently Asked Questions

How is OUSD different from other stablecoins?
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How do I stake or collect the yield from OUSD?
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What if one of OUSD’s backing stablecoins loses its peg?
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Who holds the keys to OUSD’s smart contracts?
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Who manages the funds deposited into OUSD?
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How do I get OUSD?
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What are the costs associated with OUSD?
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Is OUSD safe?
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Why does OUSD not grow in AMMs like Curve and Uniswap?
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What blockchain does OUSD run on?
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How long has OUSD been live on Ethereum?
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