PANews
PANews|Jun 05, 2025 13:24
Origin Protocol: 100% of protocol revenue will be directly distributed to OGN stakers The multi chain revenue DeFi project Origin Protocol announced on its official blog that after the latest governance proposal is successfully passed, 100% of its protocol revenue will now be used to repurchase OGN and distribute it to xOGN holders. This move will align Origin's growth with xOGN. As the revenue from the agreement increases, OGN stakers will also benefit accordingly. We will soon initiate a series of OGN repurchases to convert agreement revenue into OGN. These repurchases will be ongoing, measurable, and publicly available. There will be no new issuances or inflation - only sustainable returns from the agreement revenue. In addition, it is proposed to use assets from the DAO treasury to promote OGN staking, which aims to increase OGN's purchasing pressure by over $3 million through buybacks. OGN repurchase will begin before July 4th.
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