Interesting project, it seems to be a seperate project from origin protocol's OUSD because initially i thought they were same. I have not checked out obyte so who are the people behind? How is the previous performance? What is their reputation in the market and how safe is to make deposit on their platform. I think these questions need answers before risking our money.
OBYTE (byteball before) started as airdrop to BTC hodlers (fair and wide distribution). It is well known and established coin listed on CMC in 2016. I heard about it a lot of good stuff from technical guys (people with education related to cryptography).
It is a DAG - you can read more here -
https://academy.binance.com/blockchain/what-is-a-directed-acyclic-graph-dag-in-cryptocurrency More about Obyte -
https://wiki.obyte.org/Main_PageI have no idea why, despite being so technically strong, it is listed on such a small number of exchanges, and the price just cant stop dropping (-98% from ATH)