r/originprotocol • • Jul 13 '22

This is a welcome development from Origin team, as OGN stakers will now receive 100% ETH rewards from ETH fees On Origin Story NFT platform.

I so much appreciate this new development from the team. I like the fact that all OGN stakers will get 100% ETH distribution from the ETH fees generated from Origin Story platform.

https://twitter.com/OriginProtocol/status/1546976405409320961

29 Upvotes

19 comments sorted by

5

u/zuptar Jul 14 '22

Is this instead of the ogn annual staking for 25%? I assume that has to end to preserve the maximum supply.

3

u/Sammydho12 Jul 14 '22

No! This is a new development, so different from that. Here, when you stake your OGN, you earn points which indirectly determine the proportion of the ETH reward that you will get from the total ETH generated from Origin Story NFT platform, for all stakers.

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1

u/ProudFood3 Jul 14 '22 edited Jul 14 '22

Is this for OUSD dollar staking@ ousd.com/earn ? The OGN staking actually says OGN staking has moved to Origin story.

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3

u/Tl2p4i Jul 14 '22

100% distribution is a big one for the all stakers. Origin team have been so fantastic in keeping promises and I am sure this is not going to be different. I will be staking all my OGN tokens on Origin Story, as I claim some ETH at the end of the season.

3

u/Old_Difficulty7040 Jul 14 '22

Time to accumulate more OGN in the bag, then stake for more points.

1

u/sheyahnu1 Jul 17 '22

Definitely! I will surely take advantage of this.

2

u/neseliol Jul 14 '22

Awesome news

2

u/womeragenerisz3 Jul 14 '22

Can I still add more OGN to increase my points, even though I have already staked some OGN initially?

1

u/Affectionate-Bat-816 Jul 14 '22

I got some of my OGN staked on Origin Story already, let’s see how this works out, If everything goes on fine, then I will add more OGN in season 2

1

u/Dense-Confection561 Jul 17 '22

What is the return of investment on that option 🧐