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Origin proposes to merge OGN and OGV, and will launch native LST on other EVM compatible chains

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2024-04-03 11:10:36
On April 3rd, the LSDFi protocol OriginProtocol announced its product roadmap and token economics improvement plan. Among them, it is proposed to merge OGN and OGV, aiming to integrate all product suites of Origin with a single governance and value accumulation token OGN. Origin Treasury will lock all converted OGNs (from OGV merger) into voting custody OGNs to ensure that OGN's circulation supply does not significantly increase in the short term. OGV holders and veOGV pledgers will have one year to convert their assets into OGN and voting custody OGN, respectively. The voting will end at 08:00 on April 10th.