
Origin Launches Yield Earnings for OUSD Stablecoin Holders
The interesting thing about the OUSD V2 offering is that the tokens are not locked up and the earnings are not subjected to any form of fees.
$0.0907
1H
-0.60%$0.0005
24H
-0.76%$0.0007
7D
0.25%$0.0002
30D
19.3%$0.0147
Origin Protocol is a network that allows market participants to share goods and services through peer-to-peer (P2P) networks. The platform aims to create an extensive online marketplace leveraging the Ethereum (ETH) blockchain and Interplanetary File System (IPFS) in order to eliminate the need for middlemen.
The protocol allows for the creation of a decentralized setting where both buyers and sellers can connect, check for available listings, write reviews and perform many other actions. With this, fractional usage of assets can be traded more easily.
Origin Protocol addresses the fundamental issues of extant online markets, such as unfair transaction fees, lack of transparency, less drive for innovation and centralization issues. The protocol creates a decentralized and incentivized environment for buyers and sellers to facilitate business.
The interesting thing about the OUSD V2 offering is that the tokens are not locked up and the earnings are not subjected to any form of fees.
The property deeds are tied to a single-purpose limited liability company (LLC), which are then tokenized.
Paris Hilton hopes to empower other artists to have more control over their art and its distribution via NFTs.
Origin also says its staking program will help limit its token’s circulation supply, which will benefit the project’s token economics.
As a precautionary measure, Origin protocol has disabled all deposits to its vaults and warned users not to purchase OUSD on Uniswap or SushiSwap.