Details

Origin Dollar (OUSD) Gets Listed on KuCoin!

2021-05-13 18:00:47--

Dear KuCoin Users,

KuCoin is extremely proud to announce yet another great project coming to our trading platform. Origin Dollar (OUSD) is now available on KuCoin. Supported trading pairs are OUSD/USDT and OUSD/BTC.

Please take note of the following schedule:

  • Deposits Effective Immediately (Supported Network: ERC-20)
  • Trading: 10:00 on May 14, 2021 (UTC)
  • Withdrawal: 10:00 on May 15, 2021 (UTC)

Project Summary

Total SupplyMarket CapIssue DateConsensus Protocol
18,504,088$18,736,8192020-09-18ERC-20
Circulating Supply24hr VolumeIssue PriceCryptographic Algorithm
18,504,088$30,361$1-

* The key metric numbers are calculated as at May 12, 2021

Origin Dollar (OUSD) is the first stablecoin that earns a yield while it’s still in your wallet. OUSD is 100% backed by USDC, USDT, and DAI. OUSD’s smart contracts deploy these funds into the safest and highest yielding DeFi platforms, such as Aave, Compound, and Curve. Yield is accrued and automatically sent to users without users having to pay gas costs or perform any actions at all. OUSD makes yield farming simple, cheap, and easy--all you have to do is hold OUSD. OUSD is a rebasing token, which means yield is given to users in the form of more units of OUSD. OGN is the governance token for OUSD.

Note: The OUSD rebasing rewards can only be applied on Pool-X OUSD Staking or external on-chain wallets. For Pool-X staking rules to receive OUSD rebasing rewards please refer to the official announcement.

Official Website: https://www.ousd.com/

Know More About OUSD: Click to view

Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

Regards,

The KuCoin Team


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