Origin Protocol, a decentralized finance startup, has launched a new token that offers attractive returns to investors participating in Ethereum staking.
Origin Protocol, a decentralized finance (DeFi) startup, has recently entered the Ethereum staking arena.
Origin Protocol has launched a new token called OETH, with the aim of helping cryptocurrency investors maximize their earnings from Ethereum staking. By owning OETH, users can generate commission income through decentralized platforms like Curve and Convex.
Origin Protocol holds a significant amount of tokens from platforms like CRV and CVX. By utilizing these tokens, cryptocurrency investors can earn passive income through the liquidity provider.
Josh Fraser, co-founder of Origin, shared information about their new token, OETH, in a statement to the cryptocurrency media.
“Our customers can earn high profits without the complexities of yield farming through OETH. This new cryptocurrency offers attractive returns that surpass local staking earnings.”
Graph Image source: bitcoinsistemi
Following the decentralized finance initiative, there was no significant change in the price of the OGN token. Currently, the OGN token is trading at approximately $0.09.
This information is for general knowledge only and should not be considered as advice for investing or making financial decisions.
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