Origin Dollar · interactive mechanism simulation

Depositors mint OUSD 1:1 into the Vault → capital is deployed into lending/AMM strategies → strategy yield splits into a performance fee (to Origin) and a net yield that rebases every holder's wallet balance upward. Non-rebasing contract balances stay frozen — their share of yield is redirected to boost rebasing (EOA) holders instead.
Depositors USDC → mint 1:1 Vault TVL 8.00M USDC Strategies Aave / Curve / Morpho · 5.0% APY Origin Treasury 20% performance fee Rebase engine 0 rebases Rebasing wallets (EOA) balance grows in place boosted APY: 7.1% Non-rebasing contracts AMM pools · balance frozen yield share redirected → Attacker flash loan + fake stablecoin
OUSD total supply
8,000,000
Peg
$1.000
Treasury fees collected
0 USDC
Rebases / holder APY
0 rebases
Parameters — edit me
5.0%
20%
30%
0.5/s
Controls

Illustrative simulation. Mirrors the researched Origin Dollar mechanism (Vault mint/redeem 1:1, strategy yield, ~20% performance fee, opt-in rebasing where non-rebasing contract yield boosts rebasing wallets, and the Nov 2020 flash-loan mint exploit that crashed the peg to ~$0.11 before 100% compensation and relaunch) — but amounts and timing are randomized for visualization, not live onchain data. Drag the sliders to explore the flywheel. Part of The Onchain Experiment Atlas.