Origin Token holders have seen remarkable growth in protocol-controlled value, with much of the recent success attributed to our new product launches and the protocol’s Morpho integrations. As Super OETH and the ARM continue to generate value for OGN, these products have become a key part of Origin’s product suite. This has enabled OGN stakers to access greater resources and exert more control over the protocol’s strategic direction.
The growth of OGN-controlled value signals the increasing influence of OGN stakers over key assets across multiple networks. In the following sections, we will break down the assets under OGN's control and provide a detailed view of how this growth translates into tangible benefits for the Origin community.
OGN stakers control a substantial amount of funds on both Ethereum mainnet and Base. For years now, half of Origin Ether’s and Origin Dollar’s performance fees are used to acquire CVX on a bi-weekly basis. As such, OGN stakers control a significant war chest of CVX, which grew by over 30% in 2024.
In November, the OGN DAO received its MORPHO allocation from being an early adopter to Morpho’s lending markets. Thanks to years of Morpho usage from multiple products, the OGN DAO now controls 770,000 MORPHO – worth over $2,300,000 at the time of writing.
When looking at the OGN-controlled value on Base, assets controlled by the OGN DAO grew substantially from Origin’s expanding product line. In the months following the launch of Super OETH, protocol-controlled value on Base grew over 100% per month. Funds held on Base include AERO, veAERO, and performance fees from Super OETH (held in superOETHb).
Every two weeks, OGN buybacks are executed using the performance fees generated from OETH and OUSD. These fees are used to acquire OGN and are added to the rewards pool for OGN stakers, bolstering the value proposition of staking OGN.
With Super OETH generating higher performance fees than Origin Ether and Origin Dollar, over $700,000 in WETH has accumulated to the OGN DAO. This provides a unique opportunity to leverage the WETH accrued from Super OETH’s performance fees to strengthen the value proposition of Origin Token.
Stakers will ultimately have the power to vote on how these funds should be utilized, whether through direct distributions, token burns, or new mechanisms designed to encourage Super OETH holders to accumulate OGN for potential product benefits. Currently, these funds are held in superOETHb to continue generating yield for the DAO.
The growth of the OGN DAO highlights the protocol’s ability to create and capture value across multiple products. This has strengthened the value proposition for OGN stakers, who now control over $5 million in strategic assets across Ethereum mainnet and Base. With ongoing buybacks, performance fee accruals, and increasing protocol revenue from new products, OGN stakers have an increasingly strong hand in shaping the protocol’s future.
Take advantage of the opportunity to stake OGN, and position yourself to capture the new value that will soon flow back to stakers from Super OETH and Origin’s broader suite of products.
