PANews June 5 news, the multi-chain yield DeFi project Origin Protocol announced on its official blog that after the successful passage of the latest governance proposal, 100% of its protocol revenue will now be used to repurchase OGN and distribute it to xOGN holders. This move will align Origin's growth with xOGN. As protocol revenue increases, OGN stakers will also benefit accordingly. A series of OGN repurchases will soon be initiated, converting protocol revenue into OGN. These repurchases will continue in a measurable and public manner. No new issuance will occur, nor will there be inflation—only sustainable earnings from protocol revenue. Additionally, it is proposed to use assets in the DAO treasury to facilitate OGN staking, aiming to add over $3 million in buying pressure for OGN through repurchases. OGN repurchases will begin before July 4.
