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Origin Protocol passed the proposal to merge OGV and OGN. OGN holders will benefit from the protocol revenue of OETH and OUSD.

Origin Protocol passed the proposal to merge OGV and OGN. OGN holders will benefit from the protocol revenue of OETH and OUSD.

CointimeCointime2024/04/17 02:55
By:Cointime

NFT infrastructure Origin Protocol has announced the passing of a proposal to merge OGV with OGN. OGN holders will directly benefit from managing billions of dollars of TVL and profit from protocol revenue from OETH and OUSD, while OGV holders will also benefit from increased liquidity and support provided by OGN. OGN will also become the sole value-added and governance token for Origin's new Automated Redemption Manager (ARM), placing it at the forefront of seamless LST liquidity.

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