OUSD is a new kind of stablecoin that automatically earns yield from DeFi protocols without requiring any staking or lockups. Your earnings compound continuously and are reflected in your ever-increasing OUSD balance, which is backed 1:1 by other proven stablecoins like USDT, USDC, and DAI. Automated yield farming strategies are managed through transparent smart contracts. OUSD can be held in non-custodial Ethereum wallets with no minimum holding period or amount required to earn yields.