OUSD Reserves
The OUSD stablecoin will utilize a variety of fiat-backed as well as synthetic stablecoins as reserves against which OUSD can be minted. The multi-reserve system will be selected with a focus on reserves that provide stability, scalability, and yield. The initial reserve will likely include USDM and potentially other stablecoins like USDb by Butane. Optim will continuously evaluate high quality, scalable reserves options which meet predetermined criteria. Ongoing criteria adjustments can be made via ODAO vote after a review of relevant metrics.
The OUSD system must establish detailed quantitative as well as qualitative criteria for the selection and ongoing evaluation of its reserves. Each category of quantitative criteria needs to be backed by specific metrics that can be measured and continuously monitored.
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