OGN stakers, your time has come.
Following the successful passage of our latest governance proposal, 100% of Origin’s protocol revenue will now be used to buy back and distribute OGN to xOGN holders.
This includes revenue from:
This move aligns Origin’s growth directly with xOGN. As the protocol grows its revenue, OGN stakers benefit proportionally.
The OGN DAO has quietly accumulated millions of dollars in net assets across its products. The protocol has already demonstrated its ability to earn real yield at scale. Now we’re turning that value over to the community.
This change delivers protocol earnings directly to stakers—automatically and transparently. We anticipate this upgrade will enhance staking APYs, especially as the OGN DAO begins liquidating its assets to buyback and distribute additional OGN to stakers.
Starting soon, we’ll begin a series of OGN buybacks, converting protocol revenue into OGN. These buybacks will be ongoing, measured, and public. No new emissions, no inflation—just sustainable yield from protocol revenue.
Alongside using protocol revenue for OGN buybacks, we’ve proposed a boost to OGN staking using the assets held the DAO’s treasury. If passed, the proposal will enhance staking rewards for early adopters.
The proposal aims to add over $3 million of buy pressure to OGN in the form of buybacks. Over the first 90 days of staking rewards being distributed to stakers, the protocol will buy back over $1,000,000 of OGN using protocol revenue and DAO assets. DAO assets will continue to be used over 12 months, increasing rewards for those who stake Origin Token.
Over the next few weeks, we’ll roll out:
This upgrade makes xOGN the simplest way to benefit from Origin’s growth. As the protocol earns, so do you.
We’ll be rolling out full staking functionality in the coming weeks, along with additional content to get you up to speed on the new OGN staking mechanics. For now, consider this your early heads-up: the value Origin Protocol generates is coming back to you.
If you’re already staking, sit tight. Your xOGN will begin earning from protocol revenue soon.
If you’re not, now is the time to stake to position yourself for maximum rewards.
In May, Origin Protocol published one of its most important governance proposals to date, allocating 100% of protocol revenue to OGN buybacks. Additionally, a second proposal just went live to use over $3 million in DAO assets to buy back OGN – more details on these proposals below.
We also geared up for Super OETH on Plume, integrated with several new DeFi protocols, and maintained competitive yields across Origin’s products. Below is a full recap of what you may have missed.
Voting ends today on a major OGN governance proposal to use 100% of Origin Protocol’s revenue to buy back OGN from the open market and distribute it to OGN stakers. The proposal has already met quorum with unanimous support.
OGN holders can look forward to:
No new emissions—just real yield flowing back to token holders. This change strengthens the OGN flywheel by tying staking rewards directly to protocol performance and long-term product usage.
A second proposal is also now live for voting: Use Over $3 Million in DAO Assets to Buy Back OGN. The OGN DAO has accumulated millions of dollars from protocol revenue, and there’s an opportunity to bring this value back to Origin Token. If passed, new buy pressure will be added to OGN, supplementing Origin’s upcoming buyback-and-distribute program that will allocate 100% of protocol revenue to xOGN.
These proposals create a direct link between protocol value and Origin Token. Buybacks are anticipated to begin within the next month, and protocol revenue will be distributed to OGN stakers by July 4, 2025.
Stake OGN now to position yourself for staking rewards – over $100,000 of OGN buybacks will occur in week one alone.
In the coming days, Super OETH will become publicly accessible on Plume. Plume is the first blockchain built specifically for real-world assets, designed to simplify compliance and unlock new use cases for RWAs onchain.
Super OETH on Plume is a distinct deployment from its Base counterpart. It uses a different token contract (ticker: superOETHp), integrates with a different DEX to guarantee deep liquidity, and reflects a separate APY from the Base version (ticker: superOETHb). This allows us to optimize for the unique opportunities within the Plume ecosystem.
One of these opportunities is on Rooster, the primary Plume DEX offering strong incentives for liquidity providers. Users can LP from day one to earn rewards and help bootstrap the market.
Here’s how Origin’s products performed in May:
Origin achieved several new integrations in May, including:
The momentum continues to build across Origin Protocol. With protocol revenue being allocated directly to xOGN holders and new opportunities emerging on Plume, the foundation for long-term growth is stronger than ever.
Visit Origin Protocol’s Snapshot Space to vote on proposals around OGN buybacks, and follow along on Twitter for the latest product updates, integrations, and campaign launches.
Stablecoins have become the backbone of everyday crypto—letting traders dodge volatility, letting savers move value across borders in seconds, and giving DeFi users a way to earn yield without watching charts all day.
Sky Protocol takes that idea one giant step further with USDS: the next-generation version of DAI.
USDS keeps the familiar 1-to-1 dollar peg you know and love, but it layers on native yield and fresh reward mechanics that make parking your stablecoins a lot more interesting. If you’ve been hunting for a place to earn solid, on-chain interest without sacrificing control of your funds, USDS staking is worth a close look.
Think of USDS as “DAI 2.0.” Just like DAI, it has decentralized governance and is crypto-collateralized, so you never rely on a bank or a single company to hold reserves or earn rewards. But USDS does more than simply hold its peg:
If you’re holding idle DAI, then upgrading to USDS unlocks better yields and fresh token incentives without giving up the decentralization you trust or taking on new smart contract risk. Pair that with full transparency and self-custody, and Sky Protocol’s take on stablecoin staking looks tough to beat. Connect your wallet, upgrade a little DAI, and watch your USDS balance (and SKY stash) start to grow.
That combo of decentralization, passive yield, and seamless opt-in upgrades makes USDS one of the most compelling stablecoins in DeFi right now.
Staking offers a powerful way to earn yields in crypto. You’re essentially paid for liquidity provision (providing assets to a liquidity pool). So how does the staking process work with USDS?
The beauty of Sky is that you don’t need a maze of complicated yield farms to put USDS to work; everything starts with two core modules:
Because both streams run simultaneously, a single USDS deposit can earn double rewards without extra clicks. You can get started staking USDS by upgrading your DAI to USDS stablecoins here. We’ll also go into more detail on how to stake below.
Mechanism | Current APY* | Payout Token |
Sky Savings Rate (SSR) | 4.50% | USDS |
Sky Token Rewards | 5.74% | SKY |
*Rates captured at publishing time (May 2025). They can change through on-chain governance.
These percentages may not look like the triple-digit yields you see splashed across Twitter, but they’re transparent, fully collateralized, and paid in real time—no impermanent loss, no hidden lockups, no centralized risk.
Why choose USDS over sticking with the classic DAI Savings Rate or a centralized exchange?
Put simply, USDS hits the sweet spot between DAI’s decentralization and the passive income people chase on centralized lending desks, minus the custodial headaches.
If you’re exploring even more ways to diversify your stablecoin earnings, check out Origin Dollar (OUSD). OUSD automatically earns yield by deploying stablecoins—including USDS from Sky Protocol—along with other top assets across DeFi, all while keeping your funds liquid and secure. It’s been growing in Ethereum wallets since 2020, with no staking, no lock-ups, and auto-compounding rewards delivered straight to your wallet. Click here to check it out.
Ready to try it? Here’s the two-minute tutorial:
That’s it. No yield-stacking gymnastics, no hopping between protocols, and no surprise lockups. To start actively participating in a platform that offers higher yield than many stables, simply supply USDS to the Sky Savings Rate, enter the amount you want to deposit, and watch your balance grow. This system helps validate transactions on the network while allowing you to earn rewards.
Remember, if you want an even easier way to earn passive yield on USDS, you can consider Origin Dollar (OUSD). OUSD automatically deploys assets like USDS from Sky Protocol to generate yield, all while keeping your funds liquid and in your control. Just hold OUSD in your wallet—there’s no staking, no lock-ups, and yield auto-compounds directly to your balance.
Welcome to Origin’s April Token Holder Update! This month, we’re excited to share major developments across our products, integrations, and OGN. From Origin’s upcoming deployment on Plume to our recently hosted event at Mar-a-Lago, April has laid the groundwork for important progress towards Origin’s next phase of adoption.
Let’s dive into what’s new:
In April, Origin hosted a private crypto event at Mar-a-Lago, bringing together prominent DeFi founders and investors from across the industry. The event was organized to build relationships and get closer to policymakers to bridge DeFi builders with decision-makers shaping staking, stablecoin, and DeFi regulation.
Strengthening these connections positions Origin and the broader DeFi community to have a voice in shaping the regulatory landscape around staking and crypto asset management in the United States. We’re thrilled that the new US administration has taken a positive stance towards crypto. The conversation was focused on building in America. Let’s make OGN great again!
Origin is coming to Plume.
Plume is a new blockchain built for RWAs, and Origin will be among the first yield protocols to go live on the network. This marks another step toward our goal of making Origin products accessible across the highest-potential ecosystems in DeFi.
For OGN holders, this deployment strengthens the token’s multi-chain footprint and positions Origin for further integration across Plume’s ecosystem of on-chain funds and real-world asset issuers.
Last month, we shared more information regarding Origin’s Gems allocation from Sonic Labs. These Gems will be distributed to users of Origin Sonic, adding extra upside to those participating in Sonic DeFi. We’ll share more soon about how to qualify.
Yield Forwarding adoption also continues to expand. The beS/wOS pool on SwapX now routes OS yield to LPs, increasing capital efficiency while strengthening liquidity. Behind the scenes, we’ve also begun development on new use cases for Yield Forwarding—this time, to create more lucrative opportunities in lending markets.
Here’s how Origin’s products performed in April:
Origin assets were integrated into multiple protocols this month, bringing new utility and higher rewards for LPs and DeFi users:
A reminder that the OGV → OGN token migration ends May 27th. If you haven’t migrated yet, you can do so in a few clicks on the Origin Dapp.
Origin is in the early stages of designing a new staking model that will tie protocol revenue more closely to OGN stakers. We look forward to sharing proposals for community feedback as development progresses.
Lastly, we’ve launched a new Token Terminal dashboard for Origin that tracks product performance and protocol-level revenue. This data is now available to analysts, reporters, and the broader DeFi community via partners like Messari and CoinDesk.
That wraps up the April update! Origin’s product suite continues to grow across chains, and OGN remains at the center of it — serving as the value accrual token for a protocol that is scaling real yield across multiple networks.
Want to dive deeper? Check out some recent updates:
As always, join our Discord to stay informed and chat with the team.
By Rafael Ugolini
Since its launch, the Sonic Gems program has emerged as a key driver of activity across Sonic. As part of this initiative, OS received a Gems allocation thanks to the traction we’ve built across Sonic — one of the most active new chains in the EVM landscape.
Many protocols have taken this as an opportunity to launch point systems. While that’s a reasonable strategy, we’ve decided to take a different approach.
At Origin, we’ve decided to wait until the actual S tokens from our Gems allocation are distributed before allocating them to our users. The current plan is to use 100% of our GEMs allocation to incentivize usage of OS across a wide range of top protocols we’re integrated with.
We've also confirmed with Sonic Labs that this strategy will not impact our eligibility for future seasons of Gems distribution. So we're not giving up long-term upside—instead, we're choosing a model that rewards users directly, with a clear alignment between incentives and protocol usage.
More details on how we’ll structure the distribution will be shared once we receive the S allocation. We’ll be ready to act when the time comes.
–
Rafael Ugolini
Origin Protocol
Welcome to Origin’s March Token Holder Update! This month, we’re highlighting the launch of OGN on Sonic, new integrations across Pendle and Silo, and continued growth in Yield Forwarding adoption. With new incentives, more swap routes, and Gems rewards coming soon, Origin continues to gain momentum as a key player in the multi-chain ecosystem.
As always, we’ll cover the latest on product yields, TVL, and protocol updates. Let’s get into it:
Origin Token (OGN) is now live on Sonic!
Last month, we bridged OGN to Sonic and seeded liquidity on the SwapX OGN/OS liquidity pool. OGN is now natively accessible on Sonic, allowing OS holders and the broader Sonic ecosystem to acquire OGN without needing to initiate cross-chain transactions.
Additionally, we launched the TriOGN pool on Curve. The pool pairs OGN with OETH and OUSD, bringing new liquidity to OGN. The pool supports Yield Forwarding from both OETH and OUSD, routing yield earned on both of these tokens to additional pool incentives for liquidity providers.
Last month, Origin Dollar upgraded to support Sky USD (USDS), the rebranded version of DAI. USDS is now earning yield through Sky, adding to the yield OUSD holders receive by passively holding OUSD in their wallets.
In addition to adding USDS as collateral, we’ve began work to support additional AMOs for Origin Dollar. These AMOs will support OUSD liquidity, farm rewards more efficiently, and support a tighter OUSD-USD peg.
Yield Forwarding has expanded how Origin’s yield-bearing assets can be used in DeFi. In March, several protocols integrated Yield Forwarding to leverage Origin’s yield tokens for higher capital efficiency on AMMs:
Last month, Origin received its Gems allocation from Sonic Labs. Gems are additional rewards that Origin will distribute to users of Origin Sonic, boosting their rewards potential for the S airdrop. Stay tuned for future announcements regarding how OS users can earn Origin’s Gems by using OS.
With additional OS swap routes added to the Origin Dapp, it’s now easier than ever to acquire OS. The Origin Dapp now supports Magpie’s DEX aggregator and the OS/S SwapX pool, optimizing swaps between liquidity pools and direct mints to give you the best rate.
Several protocols added support for Origin’s tokens in March, expanding the ways you can use our tokens in DeFi. Here are some of the top integrations from March:
Every month, we give updates on how Origin’s yield-bearing products have performed. Here’s the latest on yield and TVL for our multi-chain product suite:
That wraps up the March update! As our products expand across chains, the OGN DAO continues to unlock new value streams, increasing its exposure to high-growth ecosystems.
If you want to catch up on recent developments, check out these links:
As always, we invite you to join our Discord to meet the team and stay on top of what’s next.
If you’ve been following the world of crypto, you’ve likely come across Sonic, a rapidly growing blockchain ecosystem designed by Sonic Labs for speed, scalability, and a host of DeFi opportunities.
One of the biggest draws right now is its upcoming S airdrop. The Sonic team is set to distribute nearly 200 million S tokens to its users starting in June 2025. At the time of writing, these tokens are valued at around $90 million, making this a potentially lucrative “sonic boom” of an opportunity for those who get in early.
Here’s a quick overview of how to maximize the airdrop:
Click here to learn more about earning points with Origin Sonic.
Now let’s explore what Sonic is all about, how you can earn S tokens through its points system, and why you might want to start farming the airdrop today.
We’re not talking about the Sonic arcade game here. Sonic, formerly Fantom (FTM), is a developer-focused blockchain network dedicated to delivering fast transaction speeds and low fees, making it an attractive destination for decentralized applications (dapps) and financial services.
The network’s native token, S, functions as the backbone of the Sonic network and ecosystem. It can be used for governance, staking, paying fees, and unlocking exclusive features across various DeFi protocols operating on Sonic.
Farming the Sonic airdrop is all about network participation. The more you use Sonic’s DeFi protocols—by lending, borrowing, staking, or providing liquidity—the more Sonic Points you’ll accumulate. These points will determine how many S tokens you’ll receive when the distribution finally takes place.
In essence, the airdrop is a way for Sonic to reward its most committed users. Anyone who holds funds in the network or actively trades through Sonic’s dapps can steadily build up their share of the S token pool.
Many people wonder if Sonic has rewards and how they work. The answer is yes, sonic has rewards, and they fall into two categories: points and gems.
At the core of this rewards system lies Sonic Points. These points are split into two categories:
The more you can collect Sonic Points, the bigger your share of the upcoming S airdrop.
For a more detailed guide on earning Sonic Points, check out our recent write-up here. Adding another layer to this system is Origin Sonic (OS), one of Sonic’s premier liquid staking tokens. OS comes with a 4x base multiplier for points, giving holders a big advantage in the race for S tokens.
If you combine OS with DeFi activities—such as staking, liquidity provision, or lending—you can further boost your multiplier to earn passive points by holding. It’s a straightforward but powerful method to maximize your share of the upcoming airdrop.
Click here to check out Origin Sonic.
Sonic Gems are an extra layer of rewards within the Sonic ecosystem. Protocols that receive a Gems allocation can use them to grant users bonus Sonic Points, helping boost their share of the upcoming S airdrop.
Origin Protocol has been awarded a Sonic Gems allocation thanks to the growing adoption of Origin Sonic (OS) across the network. Instead of rushing out another points program, Origin is doing something different: we’re waiting to distribute the actual S tokens from the Gems allocation directly to users. That means rewards will go straight to those using OS in DeFi—no guesswork, no middle steps to redeem gems, just real tokens for real usage.
It’s a strategy built around fairness and alignment, and it’s another reason OS is one of the smartest ways to farm the Sonic airdrop.
While Sonic’s growth is community-driven, the project has also garnered attention from various funding sources. According to CypherHunter, the ecosystem behind Sonic attracted millions in investments aimed at scaling its DeFi capabilities and user base:
Financial backing from big players like AAVE strengthens the network’s credibility and paves the way for continued development.
So, is it worth farming Sonic Points? If you’re already into staking, lending, or DeFi, and aware of risks like protocol changes or market volatility, then absolutely.
Remember, if you’re holding Origin Sonic (OS), you get a built-in 4x points multiplier, and that jumps to 8x when you use OS in DeFi—making it one of the easiest ways to maximize your rewards. It may offer the highest reward potential in the space currently.
If you want to boost your rewards, grabbing some OS and using it in DeFi is the fastest way. The airdrop allocation isn’t forever—so if you’re thinking about getting in, now’s the time.
Treasury Booster is now live across Ethereum Mainnet, Sonic, and Base!
AMMs hold billions of dollars in liquidity, but those funds could be working harder. Due to how most AMMs are structured, yield-bearing tokens like OETH and OS don’t earn staking yield while held in smart contracts. Treasury Booster changes this by unlocking staking yield and directing it to a protocol’s treasury.
Now available on Sonic (OS), Ethereum Mainnet (OETH & OUSD), and Base (superOETHb), Treasury Booster allows protocols to pair with Origin’s yield-bearing tokens and capture the yield that would otherwise not be earned by LPs in the pool.
When a protocol integrates Treasury Booster, the yield generated by Origin’s tokens in liquidity pools is forwarded to an approved wallet or contract address. These funds can then be utilized for a variety of treasury operations, including:
This setup ensures that protocol treasuries gain an additional revenue stream while still maintaining deep liquidity in their pools. Here is an example of how EGGS uses Treasury Booster to fund liquidity incentives with OS yield on SwapX:
Getting started with Treasury Booster is simple:
Once approved, the yield generated in the liquidity pool will automatically flow to the designated treasury address, turning previously idle liquidity into a productive asset.
Treasury Booster is a game-changer for DAOs and DeFi protocols looking to make their liquidity work harder. By capturing staking yield from funds held in AMMs, protocols can generate sustainable revenue without creating additional sell pressure or requiring new token emissions.
More integrations are on the way as protocols recognize the benefits of shifting liquidity to Yield Forwarding pools. Interested in setting up Treasury Booster for your protocol? Submit a proposal to the OGN DAO or get in touch with the team on Discord.
Welcome to Origin’s February Token Holder Update! In this month’s edition, we’ll cover Origin Sonic (OS) developments, Origin’s ARM growth, and Yield Forwarding adoption. Our progress has driven new value to the OGN DAO, diversifying its revenue sources across multiple chains.
As always, we’ll also give updates on our products’ yield performance, TVL, and new integrations. Let’s delve into these updates and more below:
Pool Booster rolled out to all of Origin’s yield-bearing tokens in February, enabling protocols to use Origin’s rebasing yield to fund AMM incentives. This makes Origin’s yield-bearing tokens more efficient on AMMs, and several protocols are shifting liquidity from ETH and S pairs to OETH and OS pairs, driving new TVL to Origin’s products:
Origin Sonic has been live for less than two months, and it’s quickly gaining adoption as a leading LST on Sonic:
Dozens of protocols integrated with Origin in February, with some of the most notable listed below:
Origin Sonic had the largest TVL growth in February, increasing its total value locked over 7x from the beginning of the month. Even with over 40 million of S deposited, OS maintained strong double-digit APYs in February.
ARM ETH Vault deposits grew by over 30% in February. With 30-day trailing APYs in the high single-digits, the ARM ETH Vault provides a great risk-adjusted yield opportunity for ETH holders. The vault is approaching its deposit cap of 10,000 WETH, and deposits will be paused until further notice once the cap is reached.
That’s all for February’s update! We’re excited to see growth across multiple networks as we continue to grow the OGN DAO’s revenue sources. As a reminder, Sonic Points will continue being distributed through June 2025, so there’s still time to earn towards Sonic’s airdrop. Here are a few pieces of content to get you up to speed on the topics mentioned above:
Not yet in our Discord? Join our server to get involved and meet the team as we build in public.
