Search results for "OUSD"
02:35
Odaily Origin Protocol announced that the proposal to "merge OGV and OGN" has been voted on. OGN holders will directly benefit from its billions of dollars in TVL and profit from protocol revenue from OETH and OUSD, and OGV holders will also benefit from the increased liquidity and support provided by OGN. OGN will also be the sole value appreciation and governance token for Origin's new Automatic Redemption Manager (ARM).
OGN-2.05%
14:04
PANews reported on September 20 that the Origin community launched a proposal to “deploy ETH into liquid staking tokens.” This reallocation will allow the protocol to start receiving a higher proportion of revenue from local staking rewards instead of OGV incentives. The proposal states that as of today, 76.73% of OETH’s TVL is stored on Curve AMO. If the proposal is approved in the future, strategists will likely deploy most or all of their ETH into sfrxETH to maximize returns. ETH holdings in the vault will be gradually reduced to 25% or less of total TVL over 4 weeks.
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