Search results for "OGN"
00:55

OGN (Origin Protocol) has risen 20.04% in the last 24 hours.

Gate News Bot news, August 20, according to CoinMarketCap data, OGN (Origin Protocol) is currently priced at 0.07 USD, having risen 20.04% in the last 24 hours, with a high of 0.08 USD and a low of 0.06 USD. The current market capitalization is approximately 49.2 million USD, an increase of 8.22 million USD compared to yesterday. Origin Protocol is a decentralized platform dedicated to providing liquidity and compound returns through its innovative multi-chain product suite. The platform offers various DeFi products, including Origin Ether, Super OETH, Origin Dollar, etc., aiming to provide users with better yield and liquidity options. Origin Protocol
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OGN5.34%
13:22

Origin Protocol: 100% of the protocol revenue will be directly distributed to OGN stakers.

PANews reported on June 5 that Origin Protocol, a multi-chain yield DeFi project, announced in its official blog that after the successful passage of the latest governance proposal, 100% of its protocol revenue will now be used to buy back OGN and distribute it to xOGN holders. The move will align Origin's growth with xOGN. As the protocol's revenue grows, OGN stakers will benefit accordingly. A series of OGN buybacks will soon be launched to convert protocol revenue into OGN. These buybacks are ongoing, measurable, and publicly available. There will be no new issuances, and there will be no inflation – only a sustainable yield on the protocol's revenue. In addition, it is proposed to use assets in the DAO's treasury to facilitate OGN staking, which aims to increase OGN purchase pressure by more than $3 million in the form of a buyback. OGN buybacks will begin by July 4.
OGN5.34%
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