How to Stake Origin Dollar (OUSD)

Introduction

Staking Origin Dollar can be an excellent choice for those looking to hold OUSD while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Origin Dollar (OUSD) Tokens

   To stake Origin Dollar, you must first acquire it. To obtain Origin Dollar, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Gate.io	Origin Dollar (OUSD)	1 APY
   Kucoin	Origin Dollar (OUSD)	1 APY

   Check out all 4 prices

2. 2. Select a Origin Dollar Wallet

   Once you have OUSD, you'll need to select a Origin Dollar wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Kucoin	Origin Dollar (OUSD)	Up to 3,87% APY
   MyCointainer	Origin Dollar (OUSD)	Up to 5,34% APY

3. 3. Delegate Your OUSD

   We recommend using a staking pool when staking OUSD. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their OUSD, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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. For these validations, you'll receive rewards in OUSD.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.