# TLDR of Origin’s Community Call - 12/01/2025

**URL:** <https://governance.originprotocol.com/t/tldr-of-origin-s-community-call-12-01-2025/211>\
**Category:** Community Calls\
**Created:** [December 1, 2025, 7:16pm UTC](https://governance.originprotocol.com/t/tldr-of-origin-s-community-call-12-01-2025/211 "2025-12-01T19:16:03Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Zyaad](https://yyz1.discourse-cdn.com/flex033/user_avatar/governance.originprotocol.com/zyaad/32/27_2.png) [@Zyaad](https://governance.originprotocol.com/u/Zyaad)\
**Post date:** [December 1, 2025, 7:16pm UTC](https://governance.originprotocol.com/t/tldr-of-origin-s-community-call-12-01-2025/211/1 "2025-12-01T19:16:03Z")

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### **1. OGN Buybacks & Staking**

- [OGN buybacks](https://www.originprotocol.com/ogn) hit 47.7 million total, with 8.5 million OGN bought back in November alone.

- Total OGN bought back now represents 7.37% of the circulating supply.

- Staking APY remains strong at 37.5% for max lock, with 39.7% of the OGN supply currently staked.

### **2. OUSD V2 Upgrade**

- [OUSD is now fully backed by USDC](https://governance.originprotocol.com/t/simplify-ousd/208), simplifying design and enabling native multi-chain expansion without bridge risk.

- Partnering with Yearn Finance to curate a single, high-quality Morpho Vault for yield generation.

- Plans to use Curve’s Pool Booster to bootstrap sustainable on-chain liquidity.

### **3. OETH Staking Upgrade Progress**

- The first deposit to the new validator system was successfully confirmed, allowing the team to ramp up the migration.

- The upgrade to 0x02 validators (holding up to 2048 ETH each) enables fully on-chain verification via Merkle proofs, removing oracle reliance, improving security, and enabling auto-compounding & partial withdrawals to shorten exit queues.

### **4. ARM Vaults Expansion**

- [The new Ether.Fi ARM](https://analytics.originprotocol.com/arm/1:ARM-WETH-eETH) has completed testing, achieving 6.5% APY in its first 30 days. It will open for public deposits soon.

- Development has begun on a USDe (Ethena) ARM, which will use Aave for lending market integration, marking the ARM’s first expansion into stablecoins.

### **5. Ecosystem & Integrations**

- Compound Listings: Governance proposals passed to list Super OETH on Compound’s USDC and USDs markets on Base, with supply caps of ~$6M each and an 80% LTV.

- Borrow Booster Markets: The incentivized markets on Morpho continue to offer negative borrow rates. Users are currently paid ~2% to borrow USDC against [OETH](https://app.morpho.org/ethereum/market/0xb8fef900b383db2dbbf4458c7f46acf5b140f26d603a6d1829963f241b82510e/oeth-usdc) on Ethereum and ~1.3% on Base against [Super OETH](https://app.morpho.org/base/market/0x67a66cbacb2fe48ec4326932d4528215ad11656a86135f2795f5b90e501eb538/superoethb-usdc?subTab=activity).

- New Feature: Auto-deleverage is now live on both Morpho Borrow Booster markets, helping users avoid full liquidation.

### **6. Watch the full call:** [https://youtu.be/QUCq7aW1kP0](https://youtu.be/QUCq7aW1kP0)

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**Update 12/2/2025** : The Compound proposals that passed were canceled and will need new recommendations from Gauntlet before going back up for vote