Origin Protocol to launch Super OETH on Base in September to increase $OGN DAO revenue and more
Origin Protocol announced the launch of a new product, Super OETH (superOETHb), on the Base network in September. This is the first "supercharged" liquidity-staking token (Supercharged LST). Although Super OETH has many similarities with OETH, it is not just a version of OETH on Base.It aims to earn holders more ETH by amplifying LST earnings and providing generous LP rewards. Unlike regular L2 network LST, Super OETH is expected to have a higher annual percentage yield (APY), offer more profitable DeFi integrations, and increase $OGN DAO revenue.Origin Protocol plans to use this as a starting point and expand similar high-performance products to other networks. All versions of Super OETH will contribute to the success of the OGN token, and higher earnings mean more income for OGN stakers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Power Struggle: Buterin vs The Community Voice
Unmasking the Tug of Power: Vitalik Buterin's Lone Decision-Making Steering Ethereum Foundation Amidst Pending Leadership Reforms
Analytics Company Put Forwarded New Argument: “Whales May Be Preparing For Entry In This Altcoin”
According to cryptocurrency analytics firm CryptoQuant, whales may be preparing to enter a surprise altcoin.
Swiss Bank Managing $5.7 Trillion Launches Joint Gold Initiative with Surprise Altcoin
According to the latest information, Switzerland's largest bank has entered into a surprise gold joint venture with an altcoin. Here are the details.
Who holds Ethereum ETFs? Complete list of institutional holders in the 13F filings
The total inflow of ETH ETFs reached $2.73 billion, while Grayscale's outflows exerted downward pressure. SEC filings show that institutional investment levels in Ethereum ETFs vary.