We've got another monthly update for you in the form of our token holder update for June. Here are some of the highlights:.
07 Jul 2023, 21:55
📰 We’ve got another monthly update for you in the form of our token holder update for June.
Here are some of the highlights:
1️⃣ Origin Ether (OETH) tripled its TVL to over $50M, becoming the second largest LST-Fi yield aggregator after yearn.finance. OETH also integrated with dozens of DeFi dapps, including Morpho, Frax, and Balancer.
2️⃣ Origin Story launched a joint rewards campaign with 0N1 Force, one of the most popular NFT projects on the market. Traders can win prizes, NFTs, and OGN by participating in the competition until July 8th.
3️⃣ Origin Story also added new features to its marketplaces, such as collection-wide and per-trait offers, floor sweep, and optional royalties.
4️⃣ OGV stakers gained new governance rights over OETH, allowing them to vote on protocol parameters and treasury management. OGV staking also locked over 80% of OGV in circulation, earning up to 52% variable APY for stakers.
5️⃣ OGN staking locked over 66.7 million OGN in season 3, accounting for about 13% of the circulating supply. Season 4 pre-staking is open now, so don’t miss this opportunity to earn more rewards.
6️⃣ Origin Dollar (OUSD) maintained a stable 4.5% APY, with most of its collateral held in USDT and allocated to the Morpho strategy. The OGV DAO accumulated over 2% of MORPHO tokens distributed via rewards.
We hope you enjoyed this update, and we appreciate your continued support for Origin. For more details and links, please check out the full token holder update on our blog - (https://www.originprotocol.com/june-2023-token-holder-update).