TechFlow news, Origin Protocol announced that it will launch a new product, $Super OETH (superOETHb), on the Base network in September. This is the first 'supercharged' Liquidity Staking Token (LST). While $Super OETH shares many similarities with OETH, it is more than just a version of OETH on Base.
It aims to earn more $ETH for holders by amplifying LST earnings and providing substantial LP rewards. Unlike ordinary L2 network LSTs, $Super OETH is expected to achieve higher Annual Percentage Yields (APY), offer more profitable DeFi integrations, and increase revenue for the $OGN DAO.
Origin Protocol plans to use this as a starting point to expand similar high-performance products to other networks. All versions of $Super OETH will contribute to the success of the $OGN token, with higher returns meaning more income for $OGN stakers.