Origin Protocol is launching its most aggressive buyback program to date, starting July 21st.
OGN buybacks are set to double to approximately $200,000 per week. The Buyback Blitz is focused on accelerating token accumulation while continuing to deliver strong rewards to OGN stakers. The Buyback Blitz will run through August 1st, amplifying all buybacks during this targeted period.
Origin Protocol has already committed 100% of protocol revenue to OGN buybacks. This alignment has allowed stakers to benefit directly from the growth of Origin’s products, including OETH, Super OETH, OUSD, OS, and the Automated Redemption Manager (ARM) – OGN staking APYs are quickly approaching 40%.
With growing protocol revenue and strong DAO reserves, the DAO is making a decisive move to deploy additional assets and accelerate the buyback program. By doubling the scale of buybacks, the DAO is executing a targeted push to accumulate more OGN in a shorter timeframe.
This expanded buyback program directly benefits OGN stakers. Every week, a larger portion of DAO assets will flow back into the market to purchase OGN. These purchases are then distributed proportionally as rewards to xOGN holders.
If you’re staking OGN, rewards are already accruing automatically. If you’re not yet staking, now is the time to get involved.
Alongside the Buyback Blitz, Origin has launched a new OGN Analytics Dashboard. This dashboard gives the community visibility into:
View the dashboard here: https://www.originprotocol.com/ogn
The Buyback Blitz marks a new phase in OGN’s evolution as a core value accrual token. With ~$200,000 in weekly buy pressure and growing product traction, the DAO continues to reinforce the value proposition for long-term OGN holders.
Stay tuned for updates as the DAO ramps up buybacks through July, and stake OGN to take your share of the rewards.
