Only battle-tested, blue-chip protocols are used to generate OETH's market-leading, risk-adjusted yield.
OETH is always redeemable for a basket of ETH and the most trusted liquid staking tokens.
Auto-compounding in your wallet
Self-custodial and permissionless
No staking or lock-ups
OETH sustainably outperforms other ETH staking strategies and limits exposure to any single LSD.
Yield is generated from a short list of conservative strategies and verifiable on-chain.
OETH's on-chain reserves remain liquid and available for permissionless redemption with no gatekeepers or withdrawal queue.
Current collateral used to back OETH.
Lido Staked ETH
Rocket Pool ETH
OETH's smart contracts are forked from OUSD, which has been stress-tested for more than two years.
Audited by world-class experts
Changes to the protocol are reviewed by internal and external auditors on an ongoing basis.
If a malicious governance vote were to ever pass, users are given 48 hours to withdraw their funds before any new code is implemented.
Multiple factors contribute to OETH outperforming its underlying strategies, but there's one big one. While 100% of the collateral is used to generate yield, only some of the OETH in circulation is receiving that yield.
Fees and voting rights accrue to OGV stakers. Control the future of OETH
and profit from its growth.
An Ethereum staking pool is a platform that allows users to combine, or “pool”, their individual ETH holdings. ETH staking has a minimum threshold of 32 ETH, which equates to a ~$65K barrier to entry at the time of writing. Staking pools allow multiple users to bundle their capital to meet this requirement.
This makes it easier for the average person to participate in Ethereum 2.0’s proof-of-stake (PoS) consensus mechanism. By staking tokens, users earn rewards in exchange for helping to secure the Ethereum network.
If you’re curious about how to join an ethereum staking pool, check out our guide to the best staking options.
Ethereum’s liquid staking services have been pioneered by leading DeFi protocols. These platforms utilize staking pools on Ethereum to give anyone the chance to participate in staking.
Rather than solo staking 32 ETH to a full node, users are able to earn token rewards on as little as 0.01 ETH via staking pools.
This process works by granting stakers tokens that represent their staked ETH, known as Liquid Staking Derivatives (LSDs).
LSDs allow users to retain control of their capital while still earning staking rewards. Stakers can even put their LSDs to work via DeFi protocols in order to maximize yield.
ETH liquid staking has gained significant traction since ETH staking launched in late 2020. The smart contract platform’s transition from proof-of-work (PoW) has ushered in a new wave of innovation on the network.
Liquid Ethereum staking is far more flexible than other staking options. This method drastically lowers the amount of ETH needed to participate in staking. ETH holders are also empowered to use their funds freely.
As LSDs can be transacted freely, users retain full control of their capital while still participating in securing the Ethereum blockchain. Users can expect to enjoy full Ethereum staking pool rewards, which vary between 4-6% APY. The advent of liquid staking has ensured that node operators aren’t the only entities who can benefit from staking ETH.
Origin Ether (OETH) harnesses the best staking pools for Ethereum by using leading LSDs as collateral. Specifically, users can deposit stETH, rETH, and frxETH to mint OETH, in addition to ETH and WETH.
These liquidity tokens earn rewards from the staked ETH they represent. As a result, OETH’s yield is always at least as high as the LSDs it utilizes.
However, OETH employs additional strategies to ensure that yield remains consistently higher than pure liquid staking.
This is achieved through liquidity provision (LP).
Origin Ether’s LP yield is generated through Convex and Curve. Supplied collateral is converted to OETH, which is then deposited to the OETH-ETH Curve pool in order to earn rewards.
This strategy will be expanded to include other blue-chip AMMs. The Origin team has already developed a Uniswap V3 market making strategy. This will take advantage of LSD-related pools as trading volume increases.
Origin Ether builds on the rich, battle-tested yield generation strategies pioneered by Origin Dollar (OUSD). This expertise has informed current strategies used by OETH.
OETH’s strategy allocations are decided by the community. Specifically, OGV stakers are empowered to propose new updates and vote on protocol decisions. Participants who stake their OGV are issued veOGV, which grants holders voting and economic power across Origin’s DeFi offerings.
As a fully on-chain DeFi platform, OETH’s metrics are entirely transparent.
Users can view OETH’s collateral and strategy allocations at any time. These metrics can be accessed via a block explorer or on the analytics page.