Where and How to Stake Origin Dollar (OUSD)

Introduction

Staking Origin Dollar can be a great option for those who want to hold OUSD but earn yield in a safe way while contributing to the network. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Acquire Origin Dollar (OUSD) Tokens

   To stake Origin Dollar, you need to own it. To get Origin Dollar, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   Kucoin	Origin Dollar (OUSD)	1
   Gate.io	Origin Dollar (OUSD)	1

   See all 4 prices

2. 2. Choose a Origin Dollar Wallet

   Once you have OUSD, you’ll need to choose a Origin Dollar wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   MyCointainer	Origin Dollar (OUSD)	Up to 5.34 APY
   Kucoin	Origin Dollar (OUSD)	Up to 7 APY

3. 3. Delegate Your OUSD

   We recommend using a staking pool when staking OUSD. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their OUSD, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Origin Dollar network. You’ll be rewarded with OUSD for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.