Launch App
Every month, the Origin team publishes a monthly update to our token holders and the broader community. Welcome to the June 2022 edition. We are eager to hear feedback and suggestions from our community.
June was a significant month for Origin as we announced multiple product updates and made progress on our highly anticipated Origin Dollar Governance (OGV) launch. Our goal is to have straightforward narratives and clear token utility for both OGN and OGV by the middle of next month to build off of the traction we are experiencing with Origin Story and Origin Dollar respectively. As we enter the month of July, look forward to the upcoming launch OGV and decentralized governance features and a revamped OGN staking program.
OGV will launch on July 12 00:00 UTC.
Very importantly, Origin continues to thrive and remain in a strong personnel and cash position as we build through the bear market and look toward delivering long-term token holder value.
Earlier this month, we revealed Collections, an innovative branded secondary marketplace solution by Origin Story. We were also thrilled to announce that our first partnership for this new feature was with Pudgy Penguins, an inspiring collection of 8,888 NFTs. Now creators like the team behind Pudgy Penguins can utilize the branded marketplaces to organize their multiple NFT collections into one easy-to-use place while creating an additional revenue stream to fund their project’s development and growth.
We’re very excited about the early market feedback we are getting from Collections. Expect more branded marketplaces to launch in the very near future.
In addition, we launched a partnership with Rift Finance, which will help bring deeper liquidity to OGN markets. Rift has incentivized liquidity provisioning in new and exciting ways, allowing profit-motivated liquidity providers and liquidity-motivated DAOs to work collaboratively. Utilizing our three new Rift vaults, we can offer liquidity providers amplified returns combined with protection from impermanent loss.
Our most important launch of the year is fast-approaching. We are less than two weeks away from the launch of OGV. Security has always been a top priority as we prepare to distribute and launch OUSD’s new governance token. At the end of this month, Origin Dollar’s new governance mechanisms via smart contract were thoroughly audited by the team at Open Zeppelin. The minor issues that they discovered have been addressed and resolved by our engineering team. This audit is an essential step in ensuring and maintaining the safety of our users’ funds as we prepare for OGV to be implemented into the Origin ecosystem.
Additionally, we have recently announced an ambitious plan to grow OUSD through a liquidity mining campaign leading up to the OGV airdrop. In addition to OGN holders being eligible to claim OGV on a 1:1 basis, we’re allocating 50 million OGV tokens, or approximately 5% of the initial supply, for everyone who supplies liquidity to the Curve OUSD MetaPool during the 5–6 week period beginning on June 1, 2022 and ending on the upcoming snapshot.
As we draw closer to the distribution phase of the OGV launch, we have published a list of participating exchanges that will support the airdrop for their customers who hold OGN. We will continue to update our Twitter for the most current information as additional exchanges come onboard.
OGN’s circulating supply is 501,312,825. The circulating supply number includes the tens of millions of OGN staked in our staking program, reducing the actual float further. There are 31,909,647 OGN currently staked. The majority of these tokens are staked for a year. This is a very strong signal that OGN holders believe in the future of OGN. You can see all of this information on our token dashboard.
Several Origin team members descended upon New York this month for NFT.NYC. This was our second year attending the conference and following in traditional we hosted an event to celebrate Origin Story and the creators and collections who we have been fortunate enough to collaborate with.
Additionally, Origin’s Chase Colman took the opportunity to organize a Women in Web3 panel while in New York. It’s always great to connect in person with our partners and community members, and even better when we can treat you to a good time. Thank you to everyone who came out to make our events a success.
Origin Co-Founder Josh Fraser was interviewed by Coindesk to share his insight on potential vulnerabilities and safety precautions within Discord that he had discovered and that every web3 project needs to remain aware of.
Elsewhere, Origin’s VP of Product, Linus Chung made an appearance on the WLD show to draw from his experience and share knowledge about topics ranging from growth at Coinbase to the future of NFT infrastructure.
We also saw one of our phenomenal Community Managers, Moises Sosa, conduct an AMA with the MEXC Spanish Community to discuss the details of the upcoming launch of OGV. From the other side of the world, Slavik Lashkul, Origin’s outstanding Russian Community Manager, met with GagarinCrypto to raise awareness about Origin and its mission to bring DeFi and NFTs to the masses.
Origin continues to look for new talent to onboard and help accelerate development as we build for the future. We are seeking to prioritize quality and hire individuals whose experience and expertise align with our innovative strategy and mission.
With those expectations set, we are currently hiring for several senior leadership positions:
We’ve also expanded our product and engineering openings:
To build out our Business Development and Marketing teams, we are searching for specialized team members that will play a significant role in taking our community building to the next level:
Learn more about Origin:
