a chance origin can go to zero like luna
Hi there You can read here the difference between OUSD and UST https://blog.originprotocol.com/origin-dollar-ousd-does-not-death-spiral-440507e56799
The biggest difference is it the Origin founder(s) didn’t create big juicy piñata by buying up a bunch of Bitcoin and the. tie it to the stable coin as collateral & then swell up with hubris & brag about it until some private equity firm just couldn’t resist the temptation to beat up the piñata until it burst & gobble up all the scrumptious Bitcoin at bargain basement prices
Oh yeah and it probably also didn’t help that they promised a fixed rate of return with no fixed method to produce it Instead they of letting that rate vary right along with the actual performance of the algorithm
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