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Origin Dollar (OUSD) Yield Update

March 19, 2024
ousd yield update aave maker morpho

How Origin Dollar Delivers Superior Risk-Adjusted Yield

With a current trailing 30-day APY of more than 10%, Origin Dollar (OUSD) offers some of the best risk-adjusted returns in the stablecoin space.

OUSD employs groundbreaking strategies to generate yield for users, without exposing funds to high-risk mechanics or directional exposure. These strategies deploy reserves of USDT, USDC, and DAI to blue-chip DeFi protocols, empowering holders to earn passive yield without compromise. 

Let’s take a look at the current landscape of Origin Dollar, highlighting the strategies used to earn enhanced stablecoin yield, compounded directly in your wallet.

Morpho

Morpho serves as a novel peer-to-peer layer that allows borrowers and lenders to be matched with maximum efficiency on Aave and Compound. This utility generates far higher returns than using Aave or Compound directly.

As a result, OUSD can farm both protocols more effectively to deliver increased rewards for users from lending, liquidity mining, and rewards tokens.

At present, more than 75% of OUSD’s reserves are allocated to Aave via the Morpho strategy. 

Origin Dollar’s Morpho integration has the unique benefit of farming additional token rewards. OUSD has earned the protocol more than 2% of the MORPHO token allocation. Morpho’s upcoming Token Generation Event (TGE) will create liquidity for these tokens, and Origin DeFi Governance (OGV) stakers will be able to vote on how to handle the influx of capital. 

Visit Morpho’s markets to explore how the matching engine boosts APYs on underlying assets. 

Maker DSR

As the creators of DAI, MakerDAO is a pioneer in the decentralized stablecoin space. The project’s DAI Savings Rate (DSR) was introduced to support the DAI peg and stabilize supply. 

Users can deposit DAI to the DSR via Spark, Maker’s native lending platform. DAI held by Origin Dollar is deposited to Spark via the Maker strategy, currently delivering APYs in excess of 15%. 

Join the Stablecoin Yield Renaissance

OUSD’s best-in-class yield generation is complemented by a rich feature set that makes DeFi as seamless as possible for users. In contrast to many other protocols, OUSD’s yield distribution is fully automated, with yield distributed directly to holders’ wallets. This approach saves users significant time and gas costs, while also allowing users to automatically compound their holdings.

Additionally, Origin Dollar’s open-source codebase is designed with an unerring focus on security. The project has been rigorously battle-tested by the likes of OpenZeppelin, TrailofBits, and Certora. OUSD is only one of six digital assets to receive a AAA security rating from industry leading coverage firm, InsurAce.

By staking Origin DeFi Governance (OGV), holders can wield voting power to make a direct impact on OUSD’s allocations and mechanics. At the same time, OGV stakers earn a share of OUSD’s revenue, cultivating a uniquely rewarding ecosystem. 

Get going with OUSD now to stack USD faster: https://app.ousd.com/ 

Yasthiel Devraj
Yasthiel Devraj
Origin
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