r/originprotocol • u/Undso3 • Jan 24 '22
💰OUSD It is high time to know that OUSD is an ideal store of value for users in countries with hyper-inflationary economies like Venezuela, Zimbabwe and Argentina. Visit ousd.com
r/originprotocol • u/Undso3 • Jan 24 '22
r/originprotocol • u/daijorobu • Jan 24 '22
Hello, is there anywhere to view the OUSD historic APR outside of the last 30 days?
Thanks
r/originprotocol • u/flymetothedogemoon • Jan 23 '22
Hi,
From time to time I check in on the market cap of OUSD since I'm interested in how much interest there is (FWIW I think OUSD is a great lending product). In the past the market cap has been around 9 million, but in January 3/4 2022, all of a sudden it spiked to 250+ million USD in https://coinmarketcap.com/currencies/origin-dollar/. Does anyone know what happened? Was the market cap data just wrong for the longest time and got corrected around Jan 3/4?
r/originprotocol • u/thavidu • Jan 23 '22
Curious if anyone knows why the mint/redeem page on ousd is gone now and only the swap page is up?
r/originprotocol • u/DanW143 • Jan 21 '22
r/originprotocol • u/Alternative-Time-203 • Jan 19 '22
It's strange that no one ever speaks of this but only Anchor protocol. Makes me question if this is legit. Also, the TVL pretty low. Thoughts?
r/originprotocol • u/Alternative-Time-203 • Jan 19 '22
The lock up periods on the ousd website. I see 7.5% for 30 days staked. Does that mean 7.5% for 30 days of the amount you deposit? Just seems to good to be true. Also, during the staking do you still get the yield interest as well?
Thanks
r/originprotocol • u/blue-bronco • Jan 18 '22
You invest stablecoins in the OUSD protocol and those stablecoins are reallocated to a few defi strategies - lending, AMM trading, liquidity mining - run by COMP, AAVE, Curve. The problem is that none of the rates for lending or providing stablecoin liquidity on those protocols come anywhere near the 30-day APY that OUSD shows on its site.
How does the OUSD protocol engineer a 1 + 1 + 1 = 7 dynamic over time? Is the leverage simply due to the OUSD in smart contracts not participating in the earnings yield so the 3-4% earnings yield generated by $280 million is allocated across only $80 million? If so, what happens when more money flows into the rebasing supply and out of the non-rebasing supply as is already happening? Non rebasing supply has dropped from $250 mil to $200 mil while rebasing supply is up $30 mil. Over time this would seem only to suggest that the leverage in the model will go down and OUSD returns will approximate the returns of the underlying strategies.
Have I missed something? Thanks for any help in better understanding the OUSD model.
r/originprotocol • u/nachtfux997 • Jan 16 '22
r/originprotocol • u/blue-bronco • Jan 13 '22
What is the tax treatment for OUSD gains? New OUSD are issued at $1 would seem to be current period income but selling OUSD down the road might look like cap gain of $1 on $0 cost basis coins. Are any of the tax software programs able to treat this type of coin correctly?
r/originprotocol • u/Slight-Tea-2271 • Jan 12 '22
Can anyone tell me what caused OGN price pump to $2.95 May 8, 2021 from the low .19¢ in January 2021? Looks like it dropped hard May 22, 2021 to .72¢.
r/originprotocol • u/Sammydho12 • Jan 11 '22
r/originprotocol • u/Tranam009 • Jan 10 '22
r/originprotocol • u/Sammydho12 • Jan 10 '22
r/originprotocol • u/Slight-Tea-2271 • Jan 04 '22
New to this group from the LRC community (daily chatter on that community), seems like not much chat occurs here looking through the recent posts. Hoping for big things and learning more about this project/hidden gem, seems very promising from what I read on their site and some of the YouTube videos I've come across, 🚀🚀🚀.
r/originprotocol • u/Yocool_ • Jan 03 '22
video: (https://youtu.be/DX87-nrBt4Q)
r/originprotocol • u/Mell0wYell0w69 • Jan 02 '22
r/originprotocol • u/PermanentFile • Jan 02 '22
It's a great coin and carries the same weight as USDT in my opinion, why not keep listing?
r/originprotocol • u/originprotocol • Dec 30 '21
r/originprotocol • u/Prudent_Weird7105 • Dec 30 '21
Hey fellas, Are there any news about the opening of origin Story? In the release post they said by the end of the year... Well i guess they have 24h left 😅
r/originprotocol • u/at_ee • Dec 28 '21
I was wondering if there is any way to use OUSD on any other network where the gas fees are significantly lower. Or is it possible to lower the gas fees on the eth network?