# Origin Protocol

> Better yield, everywhere

Origin Protocol is a decentralized finance protocol that issues yield-bearing tokens and automated redemption vaults. It serves crypto holders seeking yield on staked ether and stablecoins through audited smart contracts across multiple blockchains.

Origin Protocol is a decentralized finance protocol that provides yield bearing tokens and automated vault products built on audited smart contract infrastructure. It offers holders of ether and stablecoins a way to earn yield without giving up liquidity, distributing returns through rebasing token mechanics rather than manual claim processes.

The protocol addresses the trade off between staking rewards and asset liquidity by wrapping staked positions into transferable tokens that can be used elsewhere in decentralized finance. Its automated redemption manager vaults generate yield by trading discounted redeemable assets against their underlying collateral, while its liquid staking and stablecoin products route deposits into lending and staking strategies across multiple blockchains. Smart contracts and reserves supporting these products are regularly audited.

Its flagship product, Origin Ether, is a liquid staking token, alongside Origin Dollar, a yield bearing stablecoin, and Origin ARM vaults that automate redemption arbitrage. Governance and value accrual across these products run through the Origin Token, staked by holders to participate in protocol decisions. These products integrate with lending markets and liquidity venues across decentralized finance, and are used by holders seeking passive yield alongside protocols and platforms that build on top of Origin's tokens.

- Type: Protocol
- Sector: DeFi
- Status: Active
- Founded: 2020-01-01
- Profile: https://thegrid.id/profiles/origin_protocol

## Products

- [Automated Redemption Manager](https://thegrid.id/profiles/origin_protocol): Automated Redemption Manager is a yield vault suite that generates returns by buying discounted liquid staking and yield-bearing tokens and redeeming them one-to-one for underlying collateral through staking or protocol withdrawal queues. Separate vaults apply this arbitrage strategy to specific assets, including wrapped ether, Lido staked ether, Ether.fi staked ether, and Ethena's yield-bearing dollar token, while routing idle collateral into lending markets for extra yield. Depositors provide the relevant base asset and receive automatically compounding returns without active management. (Yield Aggregator, Live)
- [Origin Ether](https://thegrid.id/profiles/origin_protocol): Origin Ether is a liquid staking token that represents staked ether while remaining freely transferable and usable across decentralized finance. It automatically compounds Ethereum staking rewards directly in holders' wallets, backed one-to-one by ether and redeemable on demand without lockups. Validator balances are verified onchain against Ethereum's consensus layer through cryptographic proofs, and the token is designed for users seeking staking yield with liquidity and DeFi composability. (Liquid Staking, Live, Main Product)
- [Super OETH](https://thegrid.id/profiles/origin_protocol): Super OETH is a liquid staking token that combines Ethereum staking rewards with chain-specific incentive yield for use across decentralized finance. It auto-compounds returns directly in holders' wallets while remaining fully collateralized and redeemable one-to-one for ether, with a Pool Booster mechanism directing extra incentive rewards into onchain liquidity pools. Deep liquidity pools support low-slippage exits, making it suited for users seeking amplified staking yield without giving up liquidity. (Liquid Staking, Live)
- [Origin Dollar](https://thegrid.id/profiles/origin_protocol): Origin Dollar is a yield-bearing dollar stablecoin that generates returns for holders directly in their wallets without staking or lockups. It deploys underlying reserves into automated, onchain lending strategies across multiple EVM chains and distributes the resulting yield through auto-compounding, while a Yield Forwarding mechanism can redirect a holder's yield to another address. The token targets users seeking passive stablecoin yield with full capital control and no centralized fund managers. (Stablecoin Issuer, Live)
- [OGN Staking and Governance](https://thegrid.id/profiles/origin_protocol): OGN Staking and Governance is a staking service that lets holders of the OGN token lock their tokens to earn a share of protocol fees generated across Origin's yield products. Staked OGN also grants voting power used to shape protocol proposals and parameters through onchain governance. The service is used by OGN holders who want to earn fee-based rewards while participating in decision-making for the protocol. (Staking & Validation Services, Live)
- [Origin Sonic](https://thegrid.id/profiles/origin_protocol): Origin Sonic is a yield-bearing token product that deploys collateral into staking and automated market-making strategies on the Sonic network. Its vault infrastructure allocates deposits through a staking strategy and a SwapX automated market maker strategy, with a dripper and harvester distributing accrued rewards back to the vault. A timelock and value-checking contract constrain sensitive vault operations for depositors seeking Sonic-native yield. (Liquid Staking, Discontinued)

## Assets

- [Origin Token (OGN)](https://thegrid.id/profiles/origin_protocol): OGN is the governance token of Origin Protocol. Holders stake it as xOGN to vote on protocol decisions and receive a share of fee revenue generated by Origin's yield-bearing products. Protocol fees are used to buy back OGN on the open market, which are then distributed to stakers, tying token demand to protocol usage. (Governance)
- [Origin Ether (OETH)](https://thegrid.id/profiles/origin_protocol): OETH is a liquid staking token representing staked ETH on the Ethereum network. It is used to earn staking rewards while maintaining liquidity for use in DeFi applications such as lending, collateral, and liquidity provision. The token rebases to distribute yield directly into holders' wallets, while non-rebasing contract holders forfeit their share, amplifying returns for regular holders. (Liquid Staking Tokens (LSTs))
- [Super OETH (superOETHb)](https://thegrid.id/profiles/origin_protocol): superOETHb is a liquid staking token representing staked ETH on the Base network. It is used to earn Ethereum staking yield bridged from mainnet plus additional rewards from Aerodrome liquidity incentives, distributed automatically through rebasing. The protocol runs concentrated liquidity positions on Aerodrome to hold a tight ETH peg while harvested AERO rewards compound back into the token. (Liquid Staking Tokens (LSTs))
- [Origin Dollar (OUSD)](https://thegrid.id/profiles/origin_protocol): OUSD is a USD-pegged stablecoin issued by Origin Protocol, backed by reserves deployed into on-chain lending strategies. It earns yield automatically through rebasing, increasing each holder's balance without staking or locking, while non-participating contracts forfeit their share to regular holders. This lets OUSD held in pools like Uniswap generate yield for holders even while the underlying collateral remains deployed elsewhere. (Stablecoin)
- [Origin Sonic (OS)](https://thegrid.id/profiles/origin_protocol): OS is a liquid staking token representing staked S on the Sonic network. It is used to earn staking rewards while maintaining liquidity for DeFi applications like lending and liquidity provision. The token distributes rewards through rebasing and lets holders bypass the standard withdrawal wait when vault liquidity is available. (Liquid Staking Tokens (LSTs))
- [Staked Origin Token (xOGN)](https://thegrid.id/profiles/origin_protocol): xOGN is the staked, vote-escrowed form of OGN, the governance token of Origin Protocol. Holders lock OGN for periods from one month to one year to receive xOGN, which carries voting power over protocol decisions and a claim on protocol fee revenue distributed through OGN buybacks. Longer lock periods grant proportionally higher voting weight and reward share, encouraging long-term commitment over short-term speculation. (Governance)
- [Wrapped Origin Ether (wOETH)](https://thegrid.id/profiles/origin_protocol): wOETH is a non-rebasing, wrapped version of Origin Ether issued by Origin Protocol, representing staked ETH on Ethereum. It is used where rebasing tokens are unsupported, such as certain DeFi integrations, letting holders accrue OETH yield through a rising exchange rate instead of a growing balance. Unwrapping returns the underlying OETH along with accrued staking rewards. (Wrapped Tokens)
- [Origin Dollar Governance (OGV)](https://thegrid.id/profiles/origin_protocol): OGV was the governance token of Origin Protocol before the protocol consolidated governance under OGN. It granted voting power over Origin Dollar decisions and could be locked as veOGV for boosted voting weight. OGV was migrated into OGN through a token swap, and OGN is now the protocol's sole governance and fee-sharing asset. (Governance)
- [Vote-escrowed OGV (veOGV)](https://thegrid.id/profiles/origin_protocol): veOGV was the vote-escrowed form of OGV, the former governance token of Origin Protocol, obtained by locking OGV for a chosen duration. Longer locks granted greater voting power over Origin Dollar governance and a larger share of protocol fees. It was superseded when OGV migrated into OGN, which now uses xOGN for the same staking and governance function. (Governance)
- [Wrapped Super OETH (wsuperOETHb)](https://thegrid.id/profiles/origin_protocol): wsuperOETHb is a non-rebasing, wrapped version of Super OETH issued by Origin Protocol, representing staked ETH bridged to Base. It is used where rebasing tokens are unsupported, letting holders accrue superOETHb yield through a rising exchange rate rather than a growing token balance. Unwrapping returns the underlying superOETHb along with accrued rewards. (Wrapped Tokens)
- [Wrapped OUSD (wOUSD)](https://thegrid.id/profiles/origin_protocol): wOUSD is a non-rebasing, wrapped version of Origin Dollar issued by Origin Protocol, representing yield-bearing USD reserves on Ethereum. It is used where rebasing tokens are unsupported, letting holders accrue OUSD yield through a rising exchange rate instead of a growing balance. Unwrapping returns the underlying OUSD along with accrued yield. (Wrapped Tokens)
- [Wrapped OS (wOS)](https://thegrid.id/profiles/origin_protocol): wOS is a non-rebasing, wrapped version of Origin Sonic issued by Origin Protocol, representing staked S on the Sonic network. It is used where rebasing tokens are unsupported, letting holders accrue OS yield through a rising exchange rate rather than a growing balance. Unwrapping returns the underlying OS along with accrued staking rewards. (Wrapped Tokens)
- [Super OETH (Plume) (superOETHp)](https://thegrid.id/profiles/origin_protocol): superOETHp was a liquid staking token representing staked ETH bridged to Plume Chain, issued by Origin Protocol. It distributed Ethereum staking yield through rebasing for use in Plume-based decentralized finance. The Plume deployment is listed under the deprecated section of Origin's contract registry and is no longer a current, live deployment. (Liquid Staking Tokens (LSTs))
- [Wrapped Super OETH (Plume) (wsuperOETHp)](https://thegrid.id/profiles/origin_protocol): wsuperOETHp was a non-rebasing, wrapped version of superOETHp issued by Origin Protocol, representing staked ETH bridged to Plume Chain. It let holders accrue superOETHp yield through a rising exchange rate where rebasing tokens were unsupported. The Plume deployment is listed under the deprecated section of Origin's contract registry and is no longer a current, live deployment. (Wrapped Tokens)

## Links

- [Main](https://www.originprotocol.com)
- [Documentation](https://docs.originprotocol.com)
- [Forum](https://governance.originprotocol.com)
- [Documentation](https://docs.originprotocol.com/yield-bearing-tokens/super-oeth-superoethb)
- [Privacy policy](https://www.originprotocol.com/privacy)
- [Terms of Service](https://www.originprotocol.com/tos)
- [Governance](https://snapshot.org/#/s:origingov.eth)
- [Media Kit/branding](https://docs.originprotocol.com/resources/media-kit)
- [Twitter / X](https://x.com/OriginProtocol)
- [Discord](https://discord.com/invite/ogn)
- [Telegram](https://t.me/originprotocol)
- [GitHub](https://github.com/OriginProtocol)
- [LinkedIn](https://linkedin.com/company/originprotocol)

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