Origin Protocol passed the proposal to merge OGV and OGN. OGN holders will benefit from the protocol revenue of OETH and OUSD.

Bitget App

Trade smarter

Cointime2024/04/17 02:55

By:Cointime

NFT infrastructure Origin Protocol has announced the passing of a proposal to merge OGV with OGN. OGN holders will directly benefit from managing billions of dollars of TVL and profit from protocol revenue from OETH and OUSD, while OGV holders will also benefit from increased liquidity and support provided by OGN. OGN will also become the sole value-added and governance token for Origin's new Automated Redemption Manager (ARM), placing it at the forefront of seamless LST liquidity.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

European Central Bank President Christine Lagarde said bitcoin is not an option as a reserve asset for the Eurozone’s central bank reserves, citing liquidity, security and regulatory concerns.Meanwhile, the Czech National Bank approved a proposal from Governor Aleš Michl to assess diversifying some of its country’s reserves into bitcoin.

The Block•2025/01/30 21:34

'Inevitable collapse': Trump’s crypto push sparks concern at Paul Singer's Elliott Management: FT

The hedge fund said in a new investor letter that the “inevitable collapse” of the crypto bubble “could wreak havoc,” according to the Financial Times.Elliott’s Paul Singer has never been a fan of crypto, telling WSJ in 2023 that cryptocurrencies are “completely lacking in any value.”

The Block•2025/01/30 21:34