Where and how to stake Origin Dollar (OUSD)

Introduction

Staking Origin Dollar can be a great option for those who wish to hold OUSD while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Origin Dollar (OUSD) Tokens

   To stake Origin Dollar, you need to have it. To obtain Origin Dollar, you'll need to buy it. You can choose from these popular exchanges.

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

   See all 4 prices

2. 2. Select 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 1.48 APY

3. 3. Delegate Your OUSD

   We suggest using a staking pool for staking OUSD. It's easier and quicker to get started. A staking pool is a collection of validators who combine their OUSD, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have 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 Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.