Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

Origin Protocol will launch Super OETH on Base in September, which can increase the income of $OGN DAO, etc.

Powered by ChatGPT
#DeFi
$ETH
$MFER
$OGN
TechFlow
447Words
Aug 21, 2024

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.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==