Logo

A New Era for OGN: 100% of Protocol Revenue Will be Directed to Stakers

June 5, 2025Last updated: June 5, 2025
OGN buybacks

100% of Protocol Revenue to be Directed to OGN Stakers

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:

  • OETH and Super OETH
  • Origin Dollar (OUSD)
  • ARM Vaults
  • Origin Sonic (OS)

This move aligns Origin’s growth directly with xOGN. As the protocol grows its revenue, OGN stakers benefit proportionally.

Why We're Doing This

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.

OGN Buybacks with Protocol Revenue

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.

OGN Buybacks with over $3M of DAO Assets

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.

What Happens Next

Over the next few weeks, we’ll roll out:

  • Cadenced OGN buybacks and increased staking rewards, with no action needed from current xOGN holders. OGN buybacks will start no later than July 4th, 2025.
  • Pending proposal approval, the buyback operator multisig will convert DAO assets for Origin assets and begin market buying OGN with OUSD/OETH.
  • We will share step-by-step guides on how to stake and claim rewards.

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.

Ryan McNamara
Ryan McNamara
Origin
Stay in touch
Be the first to hear about important product updates. Your email will be kept private.
Originally released by Origin Protocol
Privacy policyTerms of service