Stablecoin governance group behind OUSD sets out management fee, offers equity earning pool

The governance group Open Standard, which oversees the OUSD stablecoin, has set out a management fee of 0.1 basis points on payment volume, with a cap of one cent per payment. The announcement also outlines an equity earning pool. OUSD was at $0.999 when the story was published, and it was down 0.0% in the first hour and remains down 0.0% since then.