Origin Dollar is one of the flagship products of the Origin Protocol. In short, Origin Protocol is a leading solution provider in DeFi and NFT. They create the first yield-generating USD-pegged stablecoin called Origin Dollar (OUSD) whose value is secured by a group of most commonly used USD stablecoins. Origin Dollar was created by the experts at the Origin Protocol, some of whom are Paypal co-founders as well as managers at Google, Dropbox, and YouTube.
Origin Dollar (OUSD) is backed by stablecoins with the biggest market capitalization like USDT and DAI. This mechanism makes the price of OUSD relatively stable at $1 while allowing easy operation, minting, and redeeming because it is less resource-intensive for OUSD to maintain its peg.
OUSD is a decentralized stablecoin that empowers the community to decide its development with OGV token. Investors are required to stake OGV anywhere from 1 month to 4 years to have the rights to vote.
OGV is an ERC-20 token. The total supply of OGV is 5,000,000,000 and the circulating supply is 859,782,377.00.
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