On June 16, 【Block Rhythm】, the OGN DAO announced that a new governance proposal to use over 3 million USD of DAO assets to repurchase OGN in the market has been unanimously approved. Combined with the previously approved proposal to use 100% of protocol revenue for OGN repurchase, this marks a significant shift in the value flow mechanism of the Origin Token.
The DAO is intensifying efforts to link product growth with returns for token holders—stopping token emissions in favor of the real yield generated from protocol revenue and the DAO’s own assets.
In the next 12 months, assets worth over 3 million dollars in the DAO treasury (at the time of writing) will be used for market buybacks of OGN. These assets will first be converted into Origin’s own assets, such as OUSD or OETH, which are both stable and yield-generating. This structure ensures that treasury assets maintain their appreciation capacity while also supporting regular buybacks.
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The OGN DAO strengthens the value flow mechanism of the Token through a $3 million buyback proposal.
On June 16, 【Block Rhythm】, the OGN DAO announced that a new governance proposal to use over 3 million USD of DAO assets to repurchase OGN in the market has been unanimously approved. Combined with the previously approved proposal to use 100% of protocol revenue for OGN repurchase, this marks a significant shift in the value flow mechanism of the Origin Token.
The DAO is intensifying efforts to link product growth with returns for token holders—stopping token emissions in favor of the real yield generated from protocol revenue and the DAO’s own assets.
In the next 12 months, assets worth over 3 million dollars in the DAO treasury (at the time of writing) will be used for market buybacks of OGN. These assets will first be converted into Origin’s own assets, such as OUSD or OETH, which are both stable and yield-generating. This structure ensures that treasury assets maintain their appreciation capacity while also supporting regular buybacks.