origin-dollar VS synthetix

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)

For this new contract I've chosen to use the logic of Synthetix's StakingRewards for ERC20 staking which allows the distribution of a fixed amount of ERC20 tokens in a fixed period, with dynamic APRs that depend on how many ERC721 tokens are staked in the contract at each given point in time.

Yea. I wonder if buying a tokenised synthetic stock then would be the same eg: https://synthetix.io/

Visit https://synthetix.io then click on Staking takes you to

Synthetix has been running a bucket shop for a long time. They added stocks through Kwenta but got spooked and removed them.

https://synthetix.io/

Docs for Synthetix is unfortunately the code repo itself, starting with interface here

Looking through the Etherscan transactions for Serum and Jump Trading, I came across a new name - Synthetix.

I came across a new name from this list- Synthetix (website link)

Derivatives Marketplace - it could be something like what https://aperture.finance/ and https://www.mirror.finance/ had built before on the TERRA chain (currently on AVAX and coming soon to SOL) where you can buy STOCK DERIVATIVES or something like what https://synthetix.io/ does.

you guys are not up to date, check out synthetix.io, a lot of synthetics exist on the blockchain with pegged tokens. Obviously a true GME token backed by GME can exist and will be your tokens but it won't stop people from trading GME pegged tokens in a synthetic manner preventing price discovery

SNX, the token staked in the Synthetix system to produce synthetic assets;