How to Stake Origin Dollar (OUSD) in 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. 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. 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. 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. 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.

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.