TLDR of Origin’s Community Call - 07/06/2026

Community Calls
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1. OGN Buybacks & Staking

  • 100M+ OGN: Bought back since the start of the campaign, equal to ~15% of the circulating supply.
  • June Buybacks: ~5.4M OGN bought back in June alone.
  • xOGN APY: Max-locked stakers are earning ~11.6% APY.
  • Staked Supply: ~50% of circulating OGN is currently staked.

2. Ecosystem – Pendle, Morpho, Fusion & OpenCover

4. sUSDe ARM – New Stablecoin ARM

  • sUSDe ARM is open for deposits via the Origin dApp.
  • First Stablecoin ARM: This is Origin’s first stablecoin-denominated ARM product.
  • 30-Day APY: Around 4.5% trailing APY, including incentives.
  • Merkle Incentives: Up to 2% additional yield is available.
  • Incentive Timeline: Program runs through the end of August.
  • Peak Yield: Blended APY exceeded 11% for 3 days.
  • Best Day: July 3 reached 14.85% net yield to LPs.
  • Fee Update: No protocol fee is charged on lending-market yield for this ARM.
  • Idle Capital: sUSDe ARM uses Aave for lending yield instead of Morpho.

5. Existing ARM Vaults – stETH & eETH

  • stETH ARM APY: ~3.2% 30-day trailing, with 11.2% 30-day high.
  • stETH ARM Volume: ~ $100M in June trading volume, over $2.4B since public launch.
  • eETH ARM APY: ~2.4% 30-day trailing, with 14.3% 30-day high.
  • eETH ARM Volume: ~$32M in June volume and ~$130M cumulative since February.

6. OUSD – Stable Yield

  • OUSD APY: Generating around 5% consistently over the past few months.
  • Relative Yield: OUSD is outperforming many passive stablecoins yielding ~3–4.5%.
  • Pendle Impact: wOUSD Pendle liquidity helped lift OUSD TVL.
  • Yield Sources: OUSD earns across Ethereum, Base, Hyperliquid Morpho markets, and AMO strategies.
  • Collateral Allocation: Capital has shifted from a few concentrated markets into a broader set of risk-adjusted yield opportunities.

Watch the full call: https://www.youtube.com/watch?v=MPWd3APlmP8

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