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Origin Protocol

Origin Protocol

ProjectWatch3

Bringing NFTs and DeFi to the masses

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About

Origin Protocol is one of Ethereum’s longest-standing DeFi projects, featuring a multichain feature set that unlocks vast opportunities for yield generation across the space. Origin’s products are built to be permissionless and composable, allowing for deep integration with novel primitives. All of Origin’s products streamline rewards to OGN stakers, cultivating a sustainable, user-first offering. OGN is the governance and value-accrual token for Origin’s sprawling yield ecosystem. Users can stake OGN for xOGN, which carries voting and economic power across Origin’s product suite. Staking model: OGN can be locked on a time horizon of 1 month – 1 year. Users who stake OGN receive xOGN relative to the amount staked and the duration of the lock-up period. xOGN grants holders economic and voting rights during the staking period. Rewards: Origin takes a performance fee from its yield generating products. Half of this fee is distributed to OGN stakers in the form of extra rewards, while the remaining 50% funds the purchase of flywheel tokens to boost yield generated by the underlying protocols. Governance: OGN stakers comprise the Origin DAO, which votes on proposals and treasury allocations. Origin promotes fully on-chain governance to cultivate a sustainable, inclusive structure.

OGN/USDT

No chart data available

Founded
2017 · 9y

History

2023
Aug 15, 2023chain expansionmajor

OETH Deployed on Base

May 18, 2023product launchmajor

Origin Ether (OETH) Launch

2022
Jul 12, 2022product launchmajor

Origin DeFi Governance Token (OGV) Launch

2021
Jul 20, 2021chain expansionmajor

OUSD Deployed on Polygon

2020
Nov 16, 2020security incidentmajor

OUSD Reentrancy Exploit

$7.00M

Sep 22, 2020product launchmajor

Origin Protocol Launches OUSD

2018
Jun 17, 2018funding

ICO Round

$6.60M

$6.60M · Kenetic Capital, Foundation Capital, Continue Capital

Apr 24, 2018funding

Strategic Round

$28.50M

$28.50M

2017
Dec 10, 2017funding

Funding Round

$3.00M

$3.00M

Jan 1, 2017founded

Founded

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