Sonic’s Season 1 airdrop is complete, with rewards distributed to both Sonic users and participating protocols through the Sonic Gems campaign. Origin has received 55,000+ S from Sonic Gems, and starting today, you can earn a share by putting your OS to work across top Sonic protocols.
The Sonic Gems program is designed to distribute additional S to projects helping grow the Sonic ecosystem. Origin is allocating 100% of its Gems allocation to OS holders who actively use their tokens in DeFi.
This is a limited-time campaign running for one month, with more rewards planned when Sonic Gems Season 2 concludes.
Holding OS already earns you a 4.6% APY from Sonic staking rewards, but using OS in DeFi can amplify your yield well into the double-digits. On top of yield from DeFi strategies, Origin is distributing S incentives to users who:
Whether you’re a liquidity provider, borrower, or yield optimizer, there’s a way to earn more S while contributing to Sonic’s growth
Supply and borrow on OS Silos to qualify for additional S rewards. By depositing Wrapped OS and borrowing S, you can gain liquidity from wOS while continuing to earn staking rewards. Users seeking to leverage their staking rewards via loop their position for up to 10x leverage. Around 25,000 S will be used for incentives in August on the following market:
Pendle listed Origin Sonic to create fixed yield, leveraged yield, and LP strategies for OS. Deposit wOS on Pendle to trade future yield, LP or lock in fixed rates and earn S incentives at the same time. Pendle’s OS markets give holders another avenue to optimize returns while supporting liquidity growth. Over 15,000 S will be used as incentives on Pendle Finance.
Origin is directing over 15,000 S in incentives to the OS/wS pool on SwapX for a limited one week sprint. This short-term campaign is designed to jumpstart liquidity and reward LPs who act quickly. All rewards will be distributed to participants in the OS/wS pool during this 7-day window.
This is just the beginning. With 100,000 S up for grabs from Season 1, early participants will be first in line to capture these rewards. Origin plans to continue distributing S from future Sonic Gems seasons, so putting your OS to work today helps set the stage for even greater yields ahead.
Acquire OS and use it across Sonic DeFi protocols to start earning today.
July marked the first full month of protocol-funded OGN buybacks, delivering tangible results to stakers. Over 7 million OGN was repurchased from the market, helping push staking yields to nearly 40% vAPY — all without any new emissions.
At the same time, Origin continued growing its presence across top DeFi protocols. With integrations spanning Ethereum, Base, Sonic, and Plume, our product footprint continues to expand, creating new opportunities for leverage, lending, and composability.
Here’s what Origin delivered this month:
The OGN buyback program hit full stride in July, completing its first full month of protocol-funded market purchases.
All fees earned across OETH, Super OETH, OUSD, OS, and the ARM are now being used to buy OGN from the open market. These purchases are executed onchain and are publicly viewable via @OGN_alerts on X.
Highlights from July:
With fees scaling across multiple networks, OGN buybacks are driving consistent, automated buy pressure — and as more products integrate and earn, that pressure will grow.
Origin’s products were integrated across several major DeFi protocols in July. These updates increase accessibility, deepen liquidity, and drive more protocol fees back to OGN stakers. Here are some of the biggest integrations from July:
Last month, ARM ETH Vault APYs outperformed as stETH drifted off peg. The protocol saw an increase in deposits as yield surged into the double-digits during peak volatility. Here’s how all of Origin’s products performed in July:
That’s a wrap for July’s Token Holder Update. Buybacks are live, integrations are growing, and protocol fees are now directly impacting OGN holders. Here’s some content from July you might have missed:
As always, we invite you to join our community on Discord and follow along with Origin Protocol on X.
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.
Origin’s Automated Redemption Manager (ARM) is now live on Sonic.
Built to capture yield from LST peg volatility, Origin’s ARM offers depositors a low-risk, passive yield strategy. At the same time, it helps stabilize the market by defending the pegs of major tokens like stETH and OS.
This is Origin’s next ARM deployment, following the successful launch of the ARM ETH Vault on Ethereum, which supports the stETH peg. The ARM S Vault applies the same redemption-based strategy on Sonic, supporting the OS peg while leveraging new efficiencies unique to Sonic’s architecture.
Origin’s ARM earns yield by arbitraging LST prices during times of volatility. When OS trades at a discount, the ARM S Vault purchases OS on AMMs and deposits it to the Sonic staking withdrawal queue. Once the tokens are redeemed 1:1 for S, the process repeats—generating low-risk yield in the process.
By offering the best rates for OS swaps, the ARM S Vault captures volume from DEX aggregators. The ARM S Vault is integrated with OpenOcean at launch and will soon be supported by Kyber – two of the leading DEX aggregators on Sonic.
Unlike the ARM ETH Vault on Ethereum, the ARM S Vault increases its capital efficiency with lending market integrations. In stable market conditions, the ARM routes idle S liquidity to Silo’s lending markets to earn additional yield. This makes the Sonic ARM more capital efficient than its Ethereum counterpart, unlocking additional upside for depositors even during low-volatility periods.
Withdrawals from the ARM are processed on demand when liquidity is available. However, because LSTs must be redeemed through Sonic’s withdrawal queue, redemptions may take up to 14 days during times of high activity.
The ARM S Vault is now open for deposits on the Origin Dapp.
The vault accepts deposits in S and auto-executes the OS redemption loop—no management required. Just deposit and earn.
By depositing to the ARM S Vault, users gain access to a low-risk, passive yield strategy on Sonic. During times of OS volatility, the ARM uses your deposit to buy OS—strengthening the peg and earning yield in the process.
Visit the Origin Dapp to get started with the ARM S Vault and put your S to work.
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.
Origin’s staking program is getting a major upgrade. Two recent governance proposals have passed to transform how value flows to OGN stakers:
All purchased OGN is distributed to stakers, with no new emissions funding rewards. This makes OGN staking one of the clearest, most direct ways to benefit from Origin’s protocol growth. If you believe in Origin’s product traction and future upside, now’s the time to stake.
To kick off the new staking model, the DAO approved a proposal to deploy $3M+ in DAO assets to buy back OGN on the open market.
These buybacks are being distributed directly to stakers, boosting the yield on staking rewards as the protocol transitions to funding staking rewards with protocol revenue. With all protocol revenue being distributed to stakers, this initial capital serves as a bridge—rewarding early participation while recurring revenue ramps up.
Getting started with OGN staking is simple. Here's a quick step-by-step guide:
You can buy $OGN on leading exchanges like Coinbase, Binance, or Uniswap. If you prefer DEXs, Uniswap is a solid option on Ethereum mainnet.
If you purchased on a centralized exchange, withdraw OGN to a self-custodied Ethereum wallet like MetaMask. If you bought via Uniswap or another DEX, you're already good to go.
Go to app.originprotocol.com and connect your wallet. Next, choose how long to lock your OGN—anywhere from 1 month to 12 months. Note that longer lockups earn more rewards, with 12 month locks earning the most staking rewards.
Once staked, you'll receive xOGN, a non-transferable token that represents your staked position and governs future DAO proposals. You can exit early, but early withdrawals are penalized a variable rate based on the remaining lock time. This is a security measure to discourage governance abuse.
Where do OGN staking rewards come from?
All rewards are sourced from real revenue generated by the protocol. 100% of Origin Protocol’s performance fees are used to buy back and distribute OGN to stakers. Protocol revenue previously accrued to the DAO, which will now be distributed as additional staking rewards through Q2 2026. No new tokens are minted or emitted as part of the staking program.
How much can you earn from OGN staking?
Staking yields are variable, based on protocol earnings, DAO buybacks, your lock-up length, and the total amount of OGN staked. Early stakers are expected to earn strong double-digit yields.
What networks is xOGN supported on?
OGN staking is currently only supported on Ethereum mainnet.
Can I unstake OGN early?
You can unstake early for a penalty. You can exit your staked position before your lock ends, but you’ll receive a reduced portion of your stake.
By Ariel Meranus, Director of Product, Origin Protocol
As we continue to scale Origin’s product suite, our goal remains the same: build meaningful, composable financial infrastructure that drives value back to our users and token holders. That mission has brought us across multiple chains — and recently, to Sonic.
This update outlines why we chose Sonic, how the collaboration has gone so far, and what’s coming next.
When we made the decision to deploy on Sonic, speed to market and technical alignment were top priorities. We were able to launch Origin Sonic (OS) quickly thanks to Sonic’s support and infrastructure. Their team was responsive, hands-on, and proactive across BD, dev support, and marketing.
Using the same token model as our Ethereum-based assets (OETH, Super OETH) allowed us to maintain consistency while adapting to a new chain. With minimal overhead, we launched a highly robust yield-bearing LST on Sonic in a matter of weeks.
The next phase of development is already underway. We’re actively building Automated Market Operations (AMOs) on Sonic to help stabilize OS’s peg and deepen liquidity across core pools. These tools have been critical to the success of OETH and OUSD on Ethereum, and we’re bringing the same infrastructure to Sonic to support OS.
Sonic stuck out to us for more than just its technical capabilities — it’s a collaborative ecosystem with a strong community of builders and DeFi users. From day one, we’ve collaborated closely with other protocols to make OS an asset that can be integrated widely across DeFi on Sonic.
Whether it's lending markets, DEX liquidity, or structured products, we’ve seen strong demand to bring OS into existing platforms. That traction was facilitated by Sonic’s BD team actively connecting the dots and ensuring alignment between builders.
Co-marketing across the Sonic ecosystem has boosted awareness of OS and Origin’s broader product suite. Sonic has actively supported our marketing initiatives, helping position OS as a foundational DeFi asset on the chain. From wOS on Pendle to leveraged staking opportunities on Silo, Sonic has helped bring in new DeFi users to the Origin community.
Following the successful deployment of OS, we're building toward greater liquidity and on-chain efficiency for liquid staking tokens on Sonic. Origin is bringing its Automated Redemption Manager (ARM) vaults to Sonic, which have processed north of $1B in volume for LSTs on Ethereum mainnet.
The ARM S Vault is an on-chain strategy designed to help strengthen the OS peg and add new liquidity to Origin Sonic. At the same time, the ARM S Vault presents a new way to earn low-risk S yield and Sonic Points.
This vault acts as an arbitrage layer, buying and selling OS when the price drifts from its peg. Similar to the Ethereum-based ARM that has successfully stabilized stETH and OETH, the Sonic ARM S Vault is fully automated and earns yield for vault depositors.
By opening this vault to the public, we’re also giving Sonic-native users a way to earn real yield for helping maintain peg stability — reinforcing the strength of OS and making it more attractive to other protocols.
Sonic has proven to be more than just a deployment venue. It's been a strategic partner for supporting our growth.
At the same time, Origin has delivered meaningful contributions to the Sonic ecosystem—from launching OS as a widely integrated asset to deploying novel yield strategies across top Sonic protocols.
We’re looking forward to deepening our integration with Sonic and continuing to deliver products that push the entire liquid staking space forward.
Together with Sonic, we’re shaping what comes next.
Origin’s DAO has officially passed a major upgrade to OGN staking.
A new governance proposal to use over $3 million in DAO assets to market buy OGN has passed with unanimous support. Combined with the previously passed proposal to route 100% of protocol revenue towards OGN buybacks, this marks a pivotal shift in how value flows to Origin Token.
The DAO is doubling down on alignment between product growth and token holder rewards — with no new emissions and 100% of staking rewards funded by real yield from protocol revenue and DAO-owned assets.
Over the next 12 months, more than $3 million worth of DAO treasury assets (at the time of writing) will be used to market buy OGN. Buybacks will commence in the coming weeks and continue in perpetuity. These assets will first be converted into Origin assets, such as OUSD or OETH, which offer both stability and yield. This structure ensures the treasury remains productive while enabling regular buybacks.
All purchased OGN will be distributed to stakers. In the first week of the new staking program, $100,000 of OGN will be bought back and distributed, alongside over 1.3M OGN already held by the DAO. Stake OGN ahead of the buyback program to position yourself for heightened rewards in week one.
These buybacks are designed to amplify staking rewards during the first year of the new program, driving deeper alignment between Origin’s growth and token holder value.
The swap of treasury assets into Origin yield-bearing products will occur in the coming weeks. From there, buybacks will begin and continue on a consistent basis.
This structured rollout creates ongoing buy pressure and sustained staking rewards, giving both long-term stakers and new participants an opportunity to earn more with OGN.
In addition to the $3M allocation from the DAO, 100% of Origin Protocol’s revenue will be used to buy back and distribute OGN to stakers. Diverse revenue streams are generated across Origin’s suite of products:
This creates a flywheel where product usage directly drives demand for OGN, benefiting both token price and staking rewards without introducing new emissions.
Staking OGN means earning a direct share of Origin’s success — both from protocol revenue and $3M+ in DAO assets earmarked for buybacks. With rewards paid in OGN bought on the open market, this is one of the most transparent and aligned staking models to-date.
No smart contract changes will be made to xOGN, meaning current stakers are already positioned to earn from OGN buybacks. With boosted rewards coinciding with the first week of buybacks, early stakers stand to generate the most rewards.
Staking is live now. Stake OGN, earn real yield, and be part of what’s next.
Super OETH is now live on Plume, the first modular blockchain purpose-built for real-world assets (RWAs).
As Plume launches its mainnet and kicks off its ecosystem-wide points campaign, Origin is bringing its highest-yielding ETH LST to the network, giving Plume users access to supercharged ETH yield with superOETHp.
Plume’s mainnet has gradually rolled out to the public, and Super OETH is now accessible to all users on the network. Following Plume’s mainnet alpha release, Plume has opened access to the public as of June 5, 2025.
Super OETH has already established itself as the leading high-yield LST on Base, where it consistently outperforms traditional LSTs by combining Ethereum staking rewards with chain-specific incentives. With the launch of superOETHp on Plume, we’re extending this model to a new ecosystem focused on bridging DeFi with real-world utility.
Plume’s mainnet launch marks a major milestone in building out scalable infrastructure for tokenized real-world assets. Backed by several major investment firms, Plume aims to onboard both large institutions and retail users by combining native RWA integrations with fast finality and low cost transactions. The chain is launching with a points campaign to incentivize early usage and engagement—making this a strategic time to deploy capital into the Plume ecosystem.
Super OETH’s arrival on Plume brings a proven LST strategy to a new chain. With superOETHp, users can earn competitive ETH staking yields that are boosted by onchain incentives from Plume-native protocols.
This is not a bridged version of Super OETH from another chain—it is a new, chain-specific LST with its own yield dynamics, integrated directly into Plume’s growing DeFi stack.
Note: Super OETH on Plume may not be available in all jurisdictions, subject to local regulatory requirements.
Super OETH on Plume is built to maximize capital efficiency. It achieves this in three ways:
This dual-yield mechanism—staking rewards plus Plume-native incentives—makes superOETHp one of the most efficient yield-generating assets in the Plume ecosystem.
Super OETH (superOETHp) is now live on the Origin dapp and Plume Users can begin swapping to superOETHp or providing liquidity on Rooster to earn additional rewards. If you’re bridging funds to Plume for the first time, visit the Stargate bridge to get started.
As Plume’s ecosystem grows, Super OETH will continue to play a central role in providing yield-bearing infrastructure for new DeFi and RWA integrations. By holding superOETHp, users gain access to Ethereum staking rewards, Plume-based AMM rewards, and Points-based incentives—all in a single asset.
All revenue generated by Super OETH on Plume accrues to the OGN DAO, strengthening the foundation of Origin’s ecosystem and generating additional funds for OGN buybacks.
Explore the new frontier of LSTs on Plume.
Start earning with superOETHp today via the Plume Portal or directly on the Origin dapp.
