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Welcome to the official Telegram channel of Origin Protocol.
If you missed today’s community call, check out the TLDR on the governance forum.
We discussed:
• The latest OGN buyback progress report
• Lido’s allocation to the ARM
• Recent integrations and product updates
Happy Friday! Here’s what happened at Origin this week, in case you missed it:
🙂 Origin Token: 1.5 million OGN was bought back this week, bringing total buybacks above 30 million OGN. This represents over 4.5% of the circulating supply and has pushed staking rewards on max locked xOGN above 40%.
🤝 Lido x Origin: The Lido Ecosystem Foundation allocated $3M to the stETH ARM, becoming a primary liquidity provider on the ARM ETH Vault. The collaboration strengthens the stETH peg while earning yield for the Lido Foundation’s treasury.
🦾 ARM Expansion: Yield protocols are allocating to the stETH ARM to earn strong risk-adjusted yield for vault depositors. YO Protocol integrated the ARM, allocated 1,000+ ETH to the strategy in the first week, while Summer.fi has added the stETH ARM to its Lazy Summer Vault.
📰 Token Holder Update: Our September Token Holder Update is live on our blog. Read through our update to learn what happened at Origin in September, from Super OETH developments to ARM expansion.
That’s all for this week – have a great weekend!
Hi GM, why did the ingn staking rate go down from 47% to 40% overnight? I'm embarrassed because the APY is getting too low without any explanation, can you explain?
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Happy Friday! Here’s what happened at Origin this week, in case you missed it:
🙂 Origin Token: Over 700,000 OGN was bought back this week, bringing total buybacks over 28 million OGN, representing over 4.3% of the circulating supply. With max locked xOGN currently earning 47.3% APY, more OGN continues to get locked for rewards. Over 550 million OGN is currently locked, representing over 39% of circulating supply.
👋 Super OETH on Morpho: Our first Borrow Booster market on Morpho saw continued growth through its first full week in production. Borrow Booster uses Super OETH yield to subsidize borrow APRs, offering cost effective USDC loans against Super OETH. The current USDC borrow rate on the market is negative 10.4% – effectively paying borrowers to take USDC loans.
😏 Origin Sonic: Ceres launched a wOS vault that currently earns double-digit yield on Origin Sonic. The strategy leverages Pendle PT and Silo looping, offering an automated strategy for users to earn yield on S.
That’s all for this week – have a great weekend!
Hi gm ogn is there any possibility of partnership or future plan regarding the direction of incorporating ai and applying it to defi family?
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Gm @Z_Labib hope you’re having a great weekend.
Plz check you’re DM, when you’re less busy
Last question, once I have ogn on my wallet, in order to stake it do I need eth as gas fees for staking?
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If the ogn is on binance, I will have to transfer it to a wallet right? Trust or metmusk and then connect the wallet to the origin governance site?
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Firstly, yes—you can unstake before your lockup ends, but doing so comes with a penalty. The closer you are to the lockup’s expiration, the smaller that penalty becomes.
Secondly, the APY is calculated on an annual basis. While you can think of it as being spread across 12 months, keep in mind that staking APY is variable. It fluctuates based on protocol revenue and buybacks.
So in short higher protocol revenue = more buybacks = higher APY.
These details are better clarified by a moderator or someone from the team. Sorry, I can’t provide an exact answer
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Yes, you can unstake at any time. There is a penalty that depends on how long you’ve been staked — the shorter the period, the smaller the penalty. Rewards are distributed instantly and continue as long as your tokens remain staked.
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Origin’s ARM just gained a major backer.
Pursuant to Lido’s grant, Lido Ecosystem Foundation is now a primary liquidity provider for the stETH ARM, allocating $3M of its treasury assets to the vault.
This reinforces $stETH stability while earning yield for Lido Ecosystem Foundation’s treasury.
Staking rewards are sourced directly from protocol fees and treasury assets, with no emissions involved.
Protocol fees themselves haven’t relatively declined.
However, if the total amount of OGN staked increases while protocol fees remain fixed, the APY may decrease slightly.
That said, there’s no need for concern as the protocol grows and fees increase, staking APY will naturally rise alongside them.
Hey guys
Who can I talk to regarding a proposal?
Integrations with projects are definitely on the table. As for launching new products, it’s not entirely out of the question, but it would be a diversion from our current focus on DeFi and yield products
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Great feature you introduced with Borrow Booster! But wouldn’t it be better if access to the negative borrow rates required locking OGN — so product success directly drives OGN demand?
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@LetsGoRide @ChetLobo, we made an update that should resolve the staking error you encountered few days ago. Can you confirm if the staking process works on your end now?
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Yes correct, you can check out this guide for staking
https://www.originprotocol.com/ogn-staking-guide
So since it's 49 apy, if I have staked for like a month or 2, that 49 will be divided into 12 and will get the rewards?
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Hi, if I stake my ogn tokens, will I be able to unstake it? Will there be a penalty? And will I get the rewards until the period i staked?
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You the same Thomas Shelby on legendtrade?
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Btw @matthewcliu don’t ban without reading fully.
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@LetsGoRide @ChetLobo can you guys try again the staking process and let us know if you are still getting an error message on your end?
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