origin-dollar VS clientdiversity-org

I was checking the 1.20% APY on https://ousd.com/ over last 7 days, and it seems like the OUSD APY is dropping lower than what is currently offered by FDIC-insured high yield savings (Wealthfront has 2.55% APY and Capital One has 2.15% right now).

There is no fee to go from USDC/T/DAI into OUSD. There is a small 0.25% fee if you choose to use the ousd.com dapp to go back from OUSD to USDC/T/DAI which is there as a security feature but this fee is easily avoidable using any AMM or Kucoin/Gate

I mean yes, OUSD is still around (see ousd.com and analytics.ousd.com for the actual last 30 day yield), but the yield is no better than FDIC insured banks deposits, while fees are sky high (as it runs on the archaic Eth chain), and risks are elevated as it’s backed by USDC, DAI and - wait for it - USDT. So if Tether implodes, you lose 1/3.

ousd.com should do.

For example, OUSD does ~14-15% atm.

Thank you for sharing your view on OUSD. You may want to DYOR on the stablecoin: ousd.com

Anchor is cool and so also is OUSD. You may want to check it out ousd.com

Maybe you DYOR on OUSD ousd.com

Midas I think is more like ousd.com and other such actively managed options, so there the risk is about the same as CDC (may be a bit higher as smaller companies), as you are relying on the trustworthiness of the individuals with access to your money and their investment decisions...and them simply not walking off with you.

OUSD (https://ousd.com)

Alessandro said it'd be a few days before he can get me a data endpoint, but once that happens I'll have clientdiversity.org updated in a day or 2

Ethereum is the most decentralized transaction ledger in the world, with thousands of nodes distributed across the world, and more client diversity than any other blockchain that I'm aware of:

https://clientdiversity.org/

The move to Proof of Stake has also made solo validation accessible to parties other than large pools.

there are guides on https://clientdiversity.org/

Large number of nodes does not equal decentralization. In Ethereum, like all other networks/countries, power tends to consolidate. All the consensus power is consolidated to 1-2 entities.link Hedera is already far more decentralized.

Apparently that’s the case, yes: https://clientdiversity.org/ though the source says „data might not be 100% accurate“, but I guess it’s sure geth dominance is down.

Execution clients only run GETH. Client diversity isn’t even great per eth foundation: https://clientdiversity.org

10+ separate companies implement the protocol in 10 completely different independent code bases https://clientdiversity.org/

As I said this is the second time I did this "report" and asked for better sources the first time as well. In the end I did my best to find reliable sources, but even back then I really wasn't sure if these numbers are correct. And if you look at https://clientdiversity.org/ there are even two data sources you can choose that really differ... so +1 to the irony of our industry...