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There 1.4 billion of supply.u said 663 million in circulation and balance all is staked . I mean around 700 to 800 million
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Also 91 million u bought in 1 year . So u give all to stakers
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Origin Protocol still has most of its initial funding financing the development of the project.
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Yes, it states that all fees generated by our products are distributed to stakers.
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The buybacks were always in place, but they accelerated significantly after the buyback proposal passed last July, which directed 100% of protocol fees toward buying back OGN. Basically, over 90% of all buybacks have happened since then.
Read more about this here https://www.originprotocol.com/blog/ogn-buyback-upgrades
91M OGN bought back, you can check the stats here
https://www.originprotocol.com/ogn
Zyaad how much buy back u have done till today from total supply and when u started it
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Can u tell net profit ogn generate of last three years. Year by year
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So now ur not giving 14 percent interest on staking As u say fees going on buyback
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Whts last three years net profit u generate. Year by year
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Yeah, roughly around that, total staked right now is about 683M OGN
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Buybacks are ongoing, you can track them in real time as they happen over here
https://x.com/ogn_alerts
Does it says wht ogn earn is given to stakers . All amount?
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I’m not sure what this dashboard represents or how it's calculated.
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We don’t have this comparison readily available at the moment, but you can check this Dune query which has staking data going back two years on a day-by-day basis.
https://dune.com/queries/3895582
I think there’s some confusion, so let me break it down clearly:
1. The yield for staking OGN comes from protocol fees.
2. Those protocol fees are used to buy back OGN from the market.
3. The OGN bought back is then distributed as rewards to OGN stakers.
4. Right now, the variable staking APY is around 14%, but it can increase if our products generate more fees over time.
Staking had a different system back then, but since the buyback program was implemented with 100% of the fees going toward it, things have changed significantly. That was introduced last July, so it hasn’t even been a full year yet.
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No, it depends on fees generated by our products.
So if protocol fees increase, APY will increase along with it.