June marked a major milestone for Origin Protocol with the official launch of OGN buybacks on June 30th. For the first time, 100% of protocol revenue is driving sustained buy pressure for OGN directly on the open market.
In parallel, Origin continued to expand its product footprint across Base, Plume, Sonic, and Ethereum, adding new integrations that strengthen TVL and protocol revenue. With buybacks live and the flywheel spinning, OGN stakers are now positioned to directly benefit as protocol growth accelerates.
The OGN buyback program is now fully operational. As of June 30th, protocol-funded buybacks have begun — introducing new, sustained buy pressure for OGN on the open market.
All protocol revenue across OETH, Super OETH, OUSD, OS, and the ARM is now being used to market buy OGN on a recurring basis. In parallel, DAO assets are being deployed over time to further accelerate buybacks. These purchases are fully transparent and trackable onchain, with real-time updates available via our new account: @OGN_alerts.
OGN buybacks have large implications for both OGN holders and OGN stakers (xOGN):
This marks the start of a new phase for OGN: real revenue, no new emissions, and consistent buybacks directly tied to protocol growth. As TVL expands and protocol earnings scale across multiple networks, OGN stakers stand to benefit directly from the ongoing flywheel now in motion.
This means strong APYs for xOGN, and no new OGN entering circulation from staking rewards. Holders can stake OGN to position themselves to earn a share of Origin’s growing protocol revenue.
Origin expanded its reach across Ethereum, Base, Plume, and Sonic in June. Some of our favorite integrations from June are listed below:
Every month, we give updates on how Origin’s products perform. Here’s the latest on yield and TVL for our multi-chain product suite:
Next up, Super OETH on Plume will deploy its Rooster AMO, deepening liquidity and improving yield for holders. Most superOETHp reserves are currently held in Wrapped OETH, and additional WETH reserves will be deployed to Rooster’s liquidity pool with the deployment of the AMO.
Additionally, the ARM ETH Vault will soon integrate lending markets, routing idle ETH to earn lending yield when not being used to arbitrage stETH prices. Following this upgrade, we anticipate ARM ETH Vault yields will increase substantially.
That’s all for June’s Token Holder Update! We appreciate you taking time to read our monthly updates, and we’re excited to observe how OGN buybacks impact Origin’s ecosystem as the protocol continues to generate protocol revenue for OGN stakers. Until next month, here is some of our favorite pieces of content from June:
As always, we invite you to join our community on Discord and follow along with Origin Protocol on X.
