Origin Protocol passed the proposal to merge OGV and OGN. OGN holders will benefit from the protocol revenue of OETH and OUSD.
NFT infrastructure Origin Protocol has announced the passing of a proposal to merge OGV with OGN. OGN holders will directly benefit from managing billions of dollars of TVL and profit from protocol revenue from OETH and OUSD, while OGV holders will also benefit from increased liquidity and support provided by OGN. OGN will also become the sole value-added and governance token for Origin's new Automated Redemption Manager (ARM), placing it at the forefront of seamless LST liquidity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
This Controversial Meme Coin Jumps by 35% Following an ‘Urgent’ Announcement From Andrew Tate
Andrew Tate urged the token’s holders to increase their exposure in the following hours: here’s why.
![](https://img.bitgetimg.com/multiLang/image/social/bfdecad83734368bb98d65885cf9d4041720037731627.jpg)
CryptoQuant says 'extremely underpaid' bitcoin miners' capitulation is a possible bottom signal
Quick Take Bitcoin miners are showing signs of capitulation, likely turning off underperforming hardware and selling coins following April’s halving event, according to CryptoQuant data. Daily miner outflows have spiked while the network’s hashrate continues to decline and average revenue by hash hovers around its all-time low level. The supply of bitcoin active in the past 90 days has been steadily decreasing as the three-month anniversary of the halving approaches, according to The Block’s data.
![](https://img.bitgetimg.com/multiLang/image/social/ae47135aef3c6cdc591c30135fb3cc521719981014298.jpg)