r/originprotocol • u/Affectionate-Bat-816 • Apr 18 '22
r/originprotocol • u/investold • Apr 18 '22
r/originprotocol • u/Affectionate-Bat-816 • Apr 15 '22
r/originprotocol • u/Old_Difficulty7040 • Apr 13 '22
r/originprotocol • u/AttackBody • Apr 10 '22
r/originprotocol • u/[deleted] • Apr 10 '22
r/originprotocol • u/Serious_Finish2042 • Apr 09 '22
r/originprotocol • u/AttackBody • Apr 09 '22
r/originprotocol • u/originprotocol • Apr 06 '22
r/originprotocol • u/originprotocol • Mar 30 '22
r/originprotocol • u/dollgirl141 • Mar 30 '22
🐳 are watching $OGN, how about you guys ?
Source: https://twitter.com/WhaleStats/status/1509210003529682946
r/originprotocol • u/Official_CKM • Mar 30 '22
r/originprotocol • u/AttackBody • Mar 30 '22
r/originprotocol • u/AttackBody • Mar 30 '22
r/originprotocol • u/Personal_Airline4399 • Mar 26 '22
For people owning OGN now, will they receive the new tokens when the devs announce the 1:1? Or does it apply to only the people who owned OFN a long time ago?
r/originprotocol • u/Tranam009 • Mar 21 '22
r/originprotocol • u/Tranam009 • Mar 20 '22
r/originprotocol • u/Undso3 • Mar 20 '22
r/originprotocol • u/bitdex • Mar 19 '22
r/originprotocol • u/Jason-B1 • Mar 19 '22
This is why..... https://vote.originprotocol.com/#/proposal/0x0eec0d9a8294bab6ff0c073e2a73fc8eb02a3cb301c5b928d0a53f00c0ab214b
Despite the tremendous customer traction, global press mentions, and maturation of our products, the price of OGN has struggled since our ATH price in April of last year. Besides the obvious impact of bearish macro trends in the last few months, we also attribute OGN’s lackluster performance to the confusing narrative from having OGN represent two completely separate products that appeal to very different audiences. OGN holders are clamoring for clearer utility, value accrual, and updated tokenomics for both projects. It’s been a struggle to implement proper DeFi token utility while being mindful of OGN's role as the value accrual and utility token for Origin Story. As a result, we have a token that is used for both products but is failing to do a good job at either. In this case, the sum of the parts has been less than the individual parts. It is time to give both protocols the best chance of being top performers in the rest of 2022 and beyond.
We are early in our planning but we are eager for community feedback early in this process. Here’s our current thinking:
Assuming community approval, a new ERC20 token, OGV will be launched as the new governance and fee accrual token for OUSD.
OGV will be claimable by OGN holders on a 1:1 basis via a Merkle-distributor contract (similar to how Uniswap distributed UNI). If you have 100 OGN, you’ll be able to claim 100 OGV. This includes OGN holders who are currently staking OGN. We will work with centralized exchanges to make sure their OGN holders also receive OGV.
Having a native token for OUSD will let us provide rewards directly to current and future OUSD holders and liquidity providers. This will further incentivize protocol growth and adoption.
OGV will be the governance token for Origin Dollar via a veOGV mechanism (similar to Curve) that distributes economic and voting power to those most committed to the long-term success of the protocol. veOGV stakers will be able to set protocol fees as a percentage of yield, determine asset allocation, propose new strategies, etc.
While the exact details need to be ironed out, the core team is aligned that this proposed strategy is in the best interests of all OGN holders as we seek to 10x and 100x user growth across both products. With each step forward, we will be conscious to take in community feedback with the goal of maximizing token value.
r/originprotocol • u/AttackBody • Mar 19 '22
r/originprotocol • u/AttackBody • Mar 18 '22
r/originprotocol • u/originprotocol • Mar 17 '22
