How to Stake Origin Dollar (OUSD): A Comprehensive Guide for the UK

Introduction

Staking Origin Dollar can be an excellent option for those who wish to hold OUSD while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. Obtain Origin Dollar (OUSD) Tokens
To stake Origin Dollar, you need to possess it. To obtain Origin Dollar, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Gate.io Origin Dollar (OUSD) 1
Kucoin Origin Dollar (OUSD) 1
View all 4 prices
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 suitable options.
Platform Coin Staking rewards
Kucoin Origin Dollar (OUSD) Up to 3.87% AER
MyCointainer Origin Dollar (OUSD) Up to 5.34% AER
3. Delegate Your OUSD
We recommend using a staking pool when staking OUSD. It's simpler and quicker to get started. A staking pool is a group of validators who combine their OUSD, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Origin Dollar network. You will be rewarded with OUSD for these validations.

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

Platform	Coin	Staking rewards
Kucoin	Origin Dollar (OUSD)	Up to 3.87% AER
MyCointainer	Origin Dollar (OUSD)	Up to 5.34% AER

What to Be Aware Of

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