- OGN Buyback Proposal:
- A proposal is live to use 100% of protocol revenue for OGN buybacks, with bought-back OGN going to xOGN stakers (no new emissions)
- Voting is open and looks favorable.
- A follow-up proposal is coming soon to distribute millions of dollars already accrued in the DAO treasury directly to additional OGN buybacks.
- Buybacks and associated staking rewards to start ~1 month after the current proposal passes (voting is live with strong support).
- Origin Product Developments:
- SuperOETHp Launch:
- SuperOETHp is live for the whitelisted of Plume Alpha, public mainnet launch on Plume network is approaching.
- Rooster Protocol (built on Maverick contracts) will be a key DEX partner, aiming to enhance SuperOETHp yields via AMM incentives.
- Integration is undergoing a full audit by Open Zeppelin.
- Sonic ARM S Vault:
- New Automated Redemption Manager (ARM) vault launching soon for Origin Sonic (OS) to enhance peg stability and offer yield.
- The Key Innovation for the Sonic ARM will be it’s integrations with lending markets (Silo), allowing underlying assets to earn yield even when not actively arbitraging.
- New DeFi Integrations & Yield Opportunities:
- Origin Sonic (OS) Integrations :
- New Silo Market (ID 54): For Wrapped Origin Sonic, offering better borrowing rates for looping strategies.
- Pendle & Silo: New Pendle market for OS, plus a Silo market for its PT to enable leveraged strategies.
- Origin Ether (OETH) Integrations.
- wOETH is now in a new Symbiotic vault.
- SummerFi yield vault is live for wOETH
- SuperOETHb Integrations:
- SummerFi yield vault is live for SuperOETHb
- SuperOETHP (Plume) Money Markets:
- Money market for SuperOETHp is live for whitelisted users on MultichainZ to lend SuperOETHp as collateral (85% LTV) and engage in leverage looping.
- Integrations with Solara and Mystic are in progress.
- Special Guest: Hedgehog Protocol:
- They are building a platform to trade, hedge, and speculate on on-chain gas fees (and other block space metrics), treating them like commodities.
- They plan to launch on Sonic at the end of Q2/beginning of Q3.
- Origin’s OS is being considered as a collateral type in Hedgehog’s CDP system.
- Their testnet is live, and a Telegram mini-app for playing with gas fee predictions is launching soon.
Watch the full Community Call: Community Call 06-02-2025.mp4 - Google Drive