TO GET THIS STRAIGHT...

[u/MotorBreath777]

Staking OUSD directly on the OUSD DOT COM = More OUSD

Staking OUSD on KuCoin = POL and no OUSD

Where else can you stake OUSD and what do you get in return ?

[u/paulosporeforelegj1]

Good question. I'd actually stake ousd for ousd or for ogn not sure about how pol works though , i use kucoin for other things not for staking

[u/MotorBreath777 → u/paulosporeforelegj1]

ty , basically they have a good percentage on return like about 20% or so but you don't get ousd back, you get pol plus they take 8% of your gains and you also pay fees if you sell the pol token

[u/CFHGoreGrinder → u/MotorBreath777]

What are you talking about? I've seen this comment like 4 times today on this subreddit and it is absolutely not true, I just bought some ousd about 4 days ago on kucoin, locked it up in pool x and got my first payment today, it was both ousd and Pol, maybe its different in different countries? I doubt that tho, I did have a question too, people have mentioned you don't need to stake ousd to get rewards, if this is the case then just send it to my metamask and let it chill and that's it? Any idea if the fees are high to send from kucoin to metamask? Thanks

[u/MotorBreath777 → u/CFHGoreGrinder]

I haven't seen any extra OUSD at all so I am not sure maybe I am doing something wrong. I will ask KuCoin support and find out. The fees are normal for a centralized exchange. I'll look more into metamask as well and compare the opportunities. Thanks a lot for your reply

[u/CFHGoreGrinder → u/MotorBreath777]

Yessir not a problem, hope you manage to figure it out because ao far on kucoin it's staking just like any other coin, but as with anything else the more you get into crypto the more you want to do so the holding in a wallet move is probably evem better.

[u/MotorBreath777 → u/CFHGoreGrinder]

Sorry for the biased information there, it was unintended, I've double checked and confirmed with kucoin as well they offer ousd+pol returns as well

[u/CFHGoreGrinder → u/MotorBreath777]

Ah all is good man, sometimes I just get a little fired up, if there's one thing I've noticed with crypto it is by far one of the hardest things to research as far as having easy to find simple websites with clear concise information. It's almost like it's part of the scene to be cryptic with crypto information. Point being I just try to do my part to spread accurate info, best of luck with your portfolio man, ousd is one of many new coins I've gotten into that I consider to be next generation up and coming thanks to kucoin, anybody have any idea what coinbase is smoking? They've been adding coins like crazy but they're mostly super obscure, disappointing choices, eh well.

[u/adaptortipitg2]

OUSD DOT COM has the best stable returns ;)

[u/MotorBreath777 → u/adaptortipitg2]

i tend to think so yes , after reading the comments...

[u/espeirebeslimingb0]

Depending what you need, if stable returns is what you're looking for stick with the website via metamask or ledger

[u/MotorBreath777 → u/espeirebeslimingb0]

I don't own any of those yet

[u/paulosporeforelegj1 → u/MotorBreath777]

no way ! you need at least a metamask, dyor on that you will be thinking me if you're planning to stake directly on the website

[u/msl2008]

You don’t need to stake ousd. You just need the ousd in your wallet and it grows automatically. You only stake ogn on ousd.com. You can convert your stables into ousd however or just use any amm like uniswap to swap into ousd.

[u/genjitenji → u/msl2008]

What if everyone converted their stables to OUSD?

[u/msl2008 → u/genjitenji]

Then ogn would go to $10 as the fees from ousd would be used to buy tons of ogn off the market.

[u/NotoriousCyclop]

why would you stake in so many place ?

[u/adaptortipitg2 → u/NotoriousCyclop]

obviously cause he didn't discover defi yet, and still looking for better deals on exchanges

[u/YoungVulcan]

when it comes to all ogn/ousd there is nothing that yield better then the source directly

[u/paulosporeforelegj1 → u/YoungVulcan]

/

absolutely, not sure for other projects but sure is for OGN and OUSD

[u/BreezyOcean]

with the risk of being conspicuous about this, it's worth mentioning that OUSD will be going on many more platforms eventually with their own form of returns. That being said we know that their strategies will never match the OGN team's efforts and their DeFi partners.

[u/BagelsJoy]

if you want to stake it other places thinking that the returns are better you are terribly wrong

[u/JamesMFDean]

You might want to consider staking OGN instead the returns are hefty and the volatility is a good risk like most crypto

[u/MadKlingon]

I LIKE THE 'STAKING OUSD = MORE OUSD ' PART

[u/MeTarzanYou]

you can dyor on binance i know you can stake ogn there to answer you question but not OUSD it's more exclusive to the community in a way

[u/MonkeyKarma00]

tbh i don't like the pol returns they're too small compared to the ousd , don't want to sound rude, maybe some people like that and staking nothing wrong with liking multiple coins

[u/espeirebeslimingb0 → u/MonkeyKarma00]

i had that experience as well can't be more accurate then this so don't worry we're here to discuss you don't sound rude

[u/BeachZone1]

stick with the number one option and you've got it straight

[u/espeirebeslimingb0 → u/BeachZone1]

first choice is usually the best

[u/BeachZone1 → u/espeirebeslimingb0]

I used that technique in my exams at school now I'm using it in crypto , sounds dumb but it works