The recently launched NFT marketplace for physical property exchange developed by Origin Protocol for Roofstock OnChain has seen the completion of its first home sale. This transaction is the first instantaneous sale and settlement of real estate on an NFT marketplace.

The beautiful three bedroom home in Columbia, SC, was purchased for $175,000 using USDC. Both parties were able to reap the benefits of on-chain transacting, with ownership being transferred instantly and fees totalling 3% — well below norms in traditional real estate.

Representing Real Estate as NFTs

By tokenizing property ownership in the form of NFTs, Origin and Roofstock are disintermediating the legacy mechanics of property exchange plaguing the multi-trillion dollar real estate industry.

Between agents, conveyancers, and other intermediaries, home sales can incur fees exceeding 10% with ownership transfer often taking a month or longer to finalize.

The new marketplace for physical property exchange represents a bold foray into an industry ripe for disruption, bolstered by Origin’s wealth of blockchain expertise and Roofstock’s unique industry insights. The time and resource savings observed during the execution of this first sale sounds a fair warning to legacy real estate — investors are no longer at the whim of opaque red tape and exorbitant redundancies.

Rather, individuals are now empowered to invest in property on their terms, with frictionless mechanics that serve to increase liquidity in an historically illiquid market.

Decentralized value exchange should be as seamless as communication in 2022. Origin and Roofstock are bringing this utility to fruition with a fresh value offering poised to usher in a new era for NFT technology.

About Roofstock onChain & Origin Protocol

Roofstock onChain is the web3 subsidiary of Roofstock, the leading digital real estate investing platform for the $4 trillion single-family rental home sector. Using blockchain technology, Roofstock onChain provides investors the ability to purchase tokenized single family rental properties in minutes, cutting the time and cost incurred by legacy systems.

Roofstock provides extensive resources for investors to buy, manage, and sell investment homes online, including data analytics, connections to property management companies and contractors, and other management tools. Roofstock’s transparent, innovative marketplace empowers investors to own cash-flowing rental properties, diversify their investment portfolios, and build long-term wealth through real estate. Founded in 2015, Roofstock has facilitated more than $5 billion in investment transactions to date.

Founded in 2017, Origin Protocol is a web3 pioneer developing innovative products in the crypto industry’s fastest growing verticals of non-fungible tokens (NFTs) and decentralized finance (DeFi). Origin’s NFT platform, Origin Story, the platform’s NFT product, has powered NFT sales like 3LAU’s $11.7M record-breaking music sale, the Charlie Bit My Finger viral video sale that generated global headlines, Paris Hilton’s iconic “Past Lives, New Beginnings” series drop, and many more. Origin has worked with top NFT creators like Trevor Jones and Alotta Money as well as brands like Rolling Stones and Inspiration4/SpaceX, in addition to developing branded marketplaces for beloved NFT collections, including Pudgy Penguins and Karafuru.

The company is also the creator of the Origin Dollar (OUSD), the first stablecoin to automatically accrue compelling DeFi yields while being passively held in user wallets. The native token of the entire Origin commerce platform is the Origin Token (OGN).

Origin was founded by serial entrepreneurs, Matthew Liu and Joshua Fraser, and also counts the first employee at YouTube, and product and engineering leader from Google, Dropbox, and Coinbase amongst its team members.

The First Real Estate Sale via NFT Marketplace: Executed on Origin Protocol’s Story Marketplace was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

The NFT landscape has come a long way from OpenSea’s marketplace monopoly. Between the likes of LooksRare and X2Y2, users have several generic marketplaces to choose from.

We’ve opted for a different approach with our branded NFT marketplaces by developing bespoke marketplaces for leading collections in collaboration with project teams.

Since Story’s launch of branded marketplaces in Summer 2022, we’ve partnered with over a dozen popular NFT collections, with tons more in the pipeline. Below you can find a list of live marketplaces powered by Origin Story:

Pudgy Penguins

Marketplace: https://marketplace.pudgypenguins.com/

Roofstock

Marketplace: https://marketplace.roofstockonchain.com/

0N1 Force

Marketplace: https://sales.0n1force.com/

Karafuru

Marketplace: https://karafuru.story.xyz/

The Doge Pound

Marketplace: https://marketplace.thedogepoundnft.com/

Capsule House

Marketplace: https://marketplace.capsulehouse.io/

SupDucks

Marketplace: https://market.supducks.com/

The Humanoids

Marketplace: https://marketplace.thehumanoids.com/

OnChainMonkey

Marketplace: https://origin.onchainmonkey.com/

Sappy Seals

Marketplace: https://sappy-seals.story.xyz/

Moonrunners

Marketplace: https://moonrunners.story.xyz/

CryptoZunks

Marketplace: https://marketplace.zunkz.com/

Chubbiverse

Marketplace: https://marketplace.chubbiverse.com/

Non Fungible Films

Marketplace: https://marketplace.nonfungiblefilms.io/

Roo Troop

Marketplace: https://buy.rootroop.com/

Leveling Up Heroes

Marketplace: https://marketplace.levelingup.com/

Grimmies

Marketplace: https://buy.grimmies.io/

Cozies

Marketplace: https://marketplace.cozies.io/

Alpacadabraz

Marketplace: https://marketplace.alpacadabraz.io/

Martians vs. Roughnecks

Marketplace: https://store.martiansvs.com/

NFT Collections Using Origin Story to Power Their Marketplaces was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

OGN staking offers rewards from fees generated by Origin Story’s NFT platform. Season 2 of the staking program starts soon, and pre-staking just went live on our site.

Key dates:

• Season 2 launch: Nov 9, 2022 at midnight UTC
• Season 2 staking locked: Feb 7, 2023 at midnight UTC
• Season 2 ends: Mar 9, 2023 at midnight UTC

Origin’s native token OGN has enjoyed fresh utility with the launch of staking in July.

Users have been able to stake their OGN holdings in exchange for a share of rewards from 100% of fees generated by our NFT platform Origin Story, disbursed in ETH and OGN.

With Season 1 drawing to a close, it’s time to review the inaugural staking season and prepare for the launch of Season 2.

Staking OGN works on a points-based system. 1 point is awarded per OGN staked each day, and rewards are distributed at the end of each season relative to the points earned per wallet.

For an overview of OGN’s staking mechanics, check out our initial staking post.

OGN Staking Season 1 Recap

OGN staking seasons run for a total of 120 days.

The Season 1 OGN staking window ran for 90 days beginning July 12, 2022, and ended on 10 October, 2022, at midnight UTC.

While Season 1 staking is now locked, the Season itself ends on November 9, 2022, with Season 2 beginning immediately thereafter.

Following this, Season 1 stakers have 30 days to claim their rewards. All unclaimed rewards will roll over into the Season 2 staking pool.

We’ve been inspired by the community’s participation in Season 1, which saw 35.1M OGN staked in the pool.

Season 1 staking rewards — Story

OGN Staking Season 2: Launching November 9, 2022

Season 2 will run from November 9, 2022, immediately following the end of Season 1, until March 9, 2023, with the staking window ending on Feb 7, 2023.

All staked OGN from Season 1 will automatically rollover into Season 2.

While Season 2 begins on November 9, OGN holders can now begin pre-staking their holdings in anticipation of the launch. Although pre-staking will not accrue points until Season 2’s launch on November 9, staking from the Season’s launch naturally offers the best opportunity to accrue maximum points.

It’s important to note that while users may unstake their OGN at any point in time, this will result in forfeiture of all points accrued.

Where Does OGN Yield Come From?

At present, OGN yield is derived from 100% of fees generated by Story’s NFT marketplaces, accrued in ETH and OGN.

As always, our key focus is to drive further value to the community, and there’s a lot more in the pipeline that we can’t wait to share.

Ready to stake OGN? Visit story.xyz/stake to get started.

OGN Season 2 Staking: What You Need to Know was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

October 10, 2022 at midnight UTC: Season 1 staking locked

November 9, 2022 at midnight UTC: Season 1 ends and Season 2 begins

November 9, 2022 at midnight UTC — December 9, 2022 at midnight UTC: Season 1 rewards claim period

We’ve been inspired by the active interest and participation in OGN staking since launching this program in early July.

Staking OGN allows holders to receive rewards from 100% of fees generated by Origin Story’s NFT platform (including our new product Collections for NFT marketplaces), proportional to the amount staked and duration of staking.

The OGN staking program is delineated into Seasons. Season 1 began on July 12, 2022, at midnight UTC, for a period of 120 days. Staking OGN earns 1 point per day throughout the staking window. After a Season draws to a close, rewards are distributed according to the share of points earned per wallet at the end of each season, thus incentivizing users to stake early and for the entirety of the season.

OGN Staking Window Ending Soon

While Season 1 ends after 120 days, the staking window closes after 90 days. This means that you’ll only be able to stake further OGN until October 10, 2022, at midnight UTC. Any OGN staked until this point will continue to accrue points throughout the final 30 days of Season 1.

Despite the staking window drawing to a close, you’ll still be able to unstake your OGN at any point in time, although doing so will forfeit any points earned.

Claim Your Staking Rewards

Once Season 1 has drawn to a close, stakers will have 30 days to claim their rewards in the form of ETH and OGN.

If you’ve participated, please make sure to claim your rewards within this period as any unclaimed rewards will roll over into the general rewards pool for Season 2.

OGN Season 2 Launches November 9, Midnight UTC

With season 1 ending comes another fresh beginning. OGN staking Season 2 will begin immediately after Season 1, and users can begin pre-staking for the next Season as soon as Season 1’s staking window ends on October 10, 2022, at midnight UTC.

While pre-staking for Season 2 begins immediately following the conclusion of the current staking window, stakers for the coming Season will not accrue points until the commencement of Season 2 on November 9, 2022, at midnight UTC. Please bear in mind that unstaking will result in forfeiture of all points earned.

Looking Forward

Branded marketplaces powered by Origin Story continue to grow from strength to strength, as we focus on entrenching our infrastructure across the NFT landscape. Most recently, we’ve been immensely proud to launch an NFT marketplace for physical real estate in partnership with U.S Real Estate firm Roofstock.

At Origin we firmly believe that innovation in NFTs remains in its infancy, and we’re committed to driving further adoption by providing seamless user experiences, empowering communities, and disrupting legacy mechanics in untapped legacy industries.

We’ve developed the OGN staking program as a means to reward the Origin community for its ever present support, and, in the spirit of true decentralization, deliver significant shared value to users as we embark on this journey.

To Season 2 and beyond!

Get going with OGN staking here.

OGN Season 1 Staking Ends Midnight UTC 10/10/2022 was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

On October 10th, at 00:00 UTC, all remaining unclaimed OGV will be burned — forever.

Additionally, all centralized exchanges that participated in the OGV airdrop have been instructed to burn additional unclaimed tokens held in their accounts. Please note that these additional tokens have not been included in the current burn metric, meaning that the total number of tokens burned could exceed the percentage mentioned above.

* 306,217,404 OGV were sent to exchanges whose customers were eligible for the airdrop. These exchanges are expected to burn any unclaimed tokens at the end of the claim period.

Should no further OGV be claimed, 9.33% of the initial supply will be burned. These unclaimed tokens are sitting in Merkle distributor contracts on-chain and you can see them as well as the code that will be executed when the claim period ends:

• Liquid OGV airdrop contract
• Locked OGV airdrop contract

Rewarding Users by Constricting OGV Supply

OGV acts as the governance token for Origin Dollar (OUSD), allowing users to accrue staking rewards, fees, and voting power in the form of veOGV when OGV is staked for a month or longer. Users can stake OGV for up to four years in order to earn a variable APY currently in excess of 102%.

A mammoth 65% of all OGV is currently staked, evidencing the community’s incredible strength and conviction in the protocol’s long-term growth.

One of Many User-First Strategies

At Origin, we’re proud to count our community as an integral part of our future growth, providing valuable input through governance proposals, such as the weekly OUSD strategy allocation decided by OGV stakers.

In addition to the upcoming burn, we’re also excited to roll out periodical OGV buybacks using yield generated from OUSD, which will also reduce circulating supply in the short term.

Get Going With the OUSD Ecosystem

If you’d like to reap the many benefits of contributing to the most innovative yield-generating stablecoin around, get started by acquiring OGV.

Please visit ousd.com to learn more.

OGV Token Burn was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

Since launching its NFT Collections product in June, Origin Protocol’s Story platform has enjoyed significant growth, compounded by the recent launch of native marketplaces for leading NFT projects, including Pudgy Penguins, Sappy Seals, and Karafuru.

While we’re proud to contribute to the vibrant communities cultivated by pfp-based projects, we’ve always been inspired by the vast potential of NFTs to disrupt real-world asset classes.

We’re excited to announce a new partnership with real estate investing platform Roofstock to bring physical properties to the blockchain.

Since launching in 2015, Roofstock has pioneered tech-based solutions to improve the real estate investing experience. Having raised a Series E funding round at a $1.9B valuation in March, Roofstock has cemented its place as a leader in real estate investing technology.

The Benefits of Tokenized Real Estate

The $11T real estate market remains a much talked about industry for streamlining ownership, reducing friction, and democratizing access.

Together with Roofstock’s Web3 subsidiary Roofstock onChain, we’re scaling a new vertical to make property transfers seamless, transparent, and affordable — for everyone. Roofstock onChain’s modified ERC-721 smart contracts will be integrated into a bespoke marketplace developed by Origin to facilitate the purchase and sale of tokenized properties in the form of NFTs.

In stark contrast to the exorbitant fees in traditional real estate, we are pleased to confirm that users of Roofstock onChain’s marketplace will only incur fees of 3%.

How Tokenized Real Estate Works

Roofstock onChain titles each home in a single member limited liability company (LLC). By using Ethereum to represent the ownership interest of each LLC in the form of an NFT, ownership of the corresponding property can be transferred on-chain in a legally enforceable manner.

Roofstock’s veteran team carries out comprehensive inspections and document verification for all prospective listings, with all information directly accessible via the new marketplace. We’re acutely aware of the downpour of scams in the art-based NFT space. Therefore, when it comes to real estate, we maintain that due diligence, compliance, and robust verification are especially imperative.

Thus, users will need to be fully KYC verified on Roofstock onChain’s site in order to transact on the marketplace. The KYC process uses Soulbound tokens (SBTs) to verify a users’ identity before purchasing real estate via RoofStock onChain.

Our links to full property details provides users with all the necessary information to conduct their own due diligence — equipping buyers with the tools to make safe and informed decisions.

Once verification has been completed on Roofstock onChain, prospective buyers will be able to transact on the marketplace using their corresponding Ethereum wallet address.

Sellers will need to complete verification and prepare all details for their listing on Roofstock onChain in order to mint their property’s NFT to their web3 wallet. Finally, sellers will be directed to the marketplace to select their fixed price in USDC and sale duration before confirming the listing via wallet approval.

A Step Towards Real-world NFT Utility

Crypto has hungered for true decentralization since its inception. In embarking on this new journey with Roofstock onChain, we’re opening the door for fresh disruption by bringing digital property rights to the blockchain, with an emphasis on accessibility and ease-of-use.

The potential applications of NFTs are as boundless as they are exciting, and we’re committed to driving innovation and adoption to empower individuals across industries, one use case at a time.

Learn more about Origin

• Buy Origin Tokens (OGN): Coinbase, Binance, Huobi, Upbit
• Track OGN token metrics: originprotocol.com/dashboard
• Buy OGV Tokens: Huobi, Gate.io, Uniswap
• Stake OGV for veOGV: governance.ousd.com/stake
• Participate in governance: vote.ousd.com
• Get Origin Dollars (OUSD): ousd.com
• Learn more on our company website: originprotocol.com
• Join our team: angel.co/originprotocol/jobs

Entering The Real Estate Industry With Roofstock’s NFT Marketplace Powered by Story was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

More recently, Nick fell in love with Web3 because of how quickly it innovates and because of how all the players in Web3 seek to align with their communities. Nick has been involved in the 1/1 photography NFT space, making smart contracts and mint sites with a few notable artists like Driftershoots, Brendan North, and Dana Taylor.

Nick became interested in Origin after he heard about our NFT drops with 3Lau and other celebrities. In his own words “What really hooked my interest is Origin’s commitment to becoming a Web3 community and workplace. Origin has strong community ties through weekly calls and Discord, and Origin uses OGN and OGV instead of traditional startup equity to align the team’s motivation with the broader community incentives as well.”

When we met with Nick we were impressed with his broad engineering experience, his passion for Web3, attention to details and ability to build gorgeous UIs. We felt it was a natural fit for him to join the Origin Story engineering team. We can’t wait to see the amazing products Nick will build while being part of the Origin team.

Outside of work, Nick practices martial arts competitively (Muay Thai kickboxing) and loves portrait photography. Fun fact — his Discord handle @pepperonick came from eating way too much ghost pepper hot sauce with one of his ex co-worker at Eaze!

Please join me in welcoming Nick to the Origin engineering team!

Learn more about Origin

• Buy Origin Tokens (OGN): Coinbase, Binance, Huobi, Upbit
• Track OGN token metrics: originprotocol.com/dashboard
• Participate in governance: vote.ousd.com
• Get Origin Dollars (OUSD): ousd.com
• Learn more on our company website: originprotocol.com
• Join our team: angel.co/originprotocol/jobs

Welcome Nick Hong to the Origin Engineering Team! was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

Since launching Origin Dollar Governance (OGV) in mid-July, we’ve been thrilled by the community’s support, adoption, and comprehensive feedback regarding this fresh addition to the Origin ecosystem.

We’re proud to announce the first buyback of OGV using accrued protocol fees to reward veOGV holders. Despite the macroclimate, many community members have elected to stake their OGV for up to four years. If nothing else, this reinforces the strength of the Origin community and the dedication to realizing our shared vision of OUSD’s growth together.

Driving value back to the community

As explained in our previous breakdown, OGV serves as both a governance token and value accrual token for Origin Dollar (OUSD).

Users who’ve locked up their OGV in return for non-transferable veOGV will now be able to reap the rewards of their commitment as we initiate the first buyback of OGV using the OUSD accrued thus far.

If you’re in need of a refresher, check out our cofounder Josh Fraser’s recent presentation at ETH Seoul.

What to expect

On Wednesday, September 21st, we will begin deploying the accrued OUSD to buy back OGV directly on the market to execute the first in an ongoing schedule of buybacks. Given that the WETH/OGV Uniswap pool currently contains ~$120k, this purchase amounts to over 15% of available liquidity on the pair.

Figures aside, it’s important to keep in mind that the primary purpose of this buyback is to distribute reacquired OGV to veOGV holders, which will comprise the final and most exciting leg of this process.

We’re conducting this first buyback manually, and going forward, buybacks will continue on a recurring basis.

Another step toward true decentralization

We’ve made incredible progress over the last year, directed by the invaluable input of our community. Both Story and OUSD continue to thrive in these conditions, affirming our belief that these technologies will continue to disrupt fresh frontiers and drive authentic utility in years to come. This is all made possible by a community determined to weather and overcome any storms on the road to realizing this vision.

Getting started with OGV

If you’d like to benefit from triple-digit APYs currently offered by OGV and contribute to shaping the future of OUSD through Origin’s token governance, please visit our earlier guide on staking OGV via the governance portal.

OGV has several active markets and can be purchased both via centralized exchanges and Uniswap.

Should you purchase OGV via a decentralized exchange, please ensure that the token contract is correct.

Learn more about Origin

• Buy Origin Tokens (OGN): Coinbase, Binance, Huobi, Upbit
• Track OGN token metrics: originprotocol.com/dashboard
• Buy OGV Tokens: Huobi, Gate.io, Uniswap
• Stake OGV for veOGV : https://governance.ousd.com/stake
• Participate in governance: vote.ousd.com
• Get Origin Dollars (OUSD): ousd.com
• Learn more on our company website: originprotocol.com
• Join our team: angel.co/originprotocol/jobs

Announcing the First OGV Buyback for veOGV Holders was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

It’s been a busy month for the team, with an array of listings and new native marketplaces that were launched in August. Along with the hard work put in across Origin’s DeFi and NFT products, our Co-founder, Josh Fraser, set off to South Korea early last month to speak at ETH Seoul, a component of the crypto-obsessed nation’s week-long BUIDL Asia 2022 conference.

Between lunch with Vitalik and networking with Origin’s two largest Korean exchange partners, Upbit and Bithumb, Josh presented insights into Origin Dollar’s value propositions and the improvements Origin has made on Curve (CRV)’s vote-escrowed (ve-) tokenomics at ETH Seoul, before joining a broader stablecoin panel discussion.

Driving decentralization with Origin Dollar

Josh’s comprehensive speech covered the groundbreaking work done by Origin to redefine the governance mechanisms that control OUSD contracts, highlighting the inclusive, disruptive potential of Origin’s reworked DeFi tokenomics.

Discussing Origin’s new governance model and the introduction of OGV, Josh emphasized the team’s commitment to driving value and voting power directly to users. “We have all these questions that come up on decisions that should impact the funds and security of the smart contracts”, he explained, with visible excitement. “The people who should be making those decisions are people whose funds are at risk — it should be the community. This is a really important shift for us, to actually hand over control to our community”.

Following his presentation, Josh joined representatives of MakerDAO, Celo, and Agoric to discuss the future of stablecoins and emerging narratives in the sector.

Buidling through the bear

As always, Origin’s loyal South Korean community turned up en masse to hear more about current innovations. Front and center, of course, was OUSD’s unique yield generation mechanism, which allows you to earn yield directly from your Web3 wallet.

Despite being in the midst of an arduous macro climate and a deep bear for crypto, the event illustrated what we’ve always held true — rain or shine, green or red, innovation in this space never stops. We’re proud to count ourselves among the industry mainstays well-versed in building through the lull of the bear, and this cycle is no exception.

We’re grateful to be able to collaborate with our community to deliver breakneck innovation that drives true decentralization and places control of critical decisions directly in the hands of the users who continue to contribute tremendous value to Origin.

While the past month was jam-packed with releases, let’s call it a warm up — we’ve got some exciting news in the pipeline that we can’t wait to share with you.

Learn more about Origin

• Buy Origin Tokens (OGN): Coinbase, Binance, Huobi, Upbit
• Track OGN token metrics: originprotocol.com/dashboard
• Participate in governance: vote.ousd.com
• Get Origin Dollars (OUSD): ousd.com
• Learn more on our company website: originprotocol.com
• Join our team: angel.co/originprotocol/jobs

Origin chats OUSD and stablecoin innovation at Buidl Asia was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.

Summary

In August, we made significant progress toward making our token offerings more accessible to millions worldwide. We’re proud to have OGN recognized by Indonesia’s Commodity Futures Exchange Supervisory Agency. Indonesian regulators deemed it one of a select list of exclusive tokens legal for trading within their country. Recognition from government regulators is the ultimate form of validation that any cryptocurrency could receive. This development makes OGN accessible to 273 million people within a country that is home to the 4th largest global population.

Origin Story successfully won over top NFT collections to our platform with a series of marketplaces launching on Collections. We also deployed several integrations to make our DeFi protocol accessible to a broader range of new users. These integrations bring more utility to our yield-bearing stablecoin, Origin Dollar (OUSD), and its dedicated governance token Origin Dollar Governance (OGV). With our constant expansion efforts, Origin continues to build for the future.

Product

OGN — We found continued support for OGN across several new platforms in August. BitKeep added OGN to their decentralized wallet with over 6M global users. OGN was also listed on Changelly, an instant cryptocurrency exchange. In addition, OGN was listed on the digital asset and derivatives trading platform, Dcoin, which routinely generates over $1B in daily trading volume.

Origin Dollar & OGV — Origin Dollar Governance (OGV) and its staking program continue to provide some of the most compelling yields in DeFi. We are pleased to report that over 64% of all OGV is currently staked, earning veOGV holders up to 104% vAPY. If you have not yet locked your OGV for veOGV, you can do so by heading to the OGV Staking Portal.

We have also aggressively expanded OUSD’s footprint across several platforms and decentralized exchanges. Here are some of the highlights:

• OUSD and OGV added to KyberSwap
• OUSD added to DeBank
• OGV and wOUSD added to Balancer
• Blockchain.com mobile app now supports OGV and OUSD
• BitKeep added swap support for OUSD, and OGV
• TokenSets added support for OGV, and OUSD
• wOUSD added as available payment options on Sablier
• Parcel now supports OGV, OUSD, and wOUSD as payable assets on their payout product

Token Burn — As a reminder, the snapshot for OGN holders to be eligible for the Origin Dollar Governance (OGV) airdrop occurred on July 06th, 2022, at 08:00:02 AM UTC at Ethereum block height 15,087,759. If you were holding OGN in a self-custodial wallet during the snapshot, you will be able to get your OGV through the claim portal until the October 10th deadline. After the deadline, any unclaimed OGV will be burned to decrease the supply.

Origin Story — August has also been a breakout month for the Origin Story team. Native listings on Collections have gone live on our record-breaking NFT platform. Now collectors of a community can directly list their favorite supported project’s NFTs right on the community’s marketplace.

The platform fees generated by these native listings will go into the pool of ETH rewards in the OGN staking program. As more NFT collections release their own branded marketplaces with Origin Story, the potential for OGN token holders to share the economic benefits associated with our newly upgraded staking program will continue to grow over time.

This development comes on top of several new partners launching their marketplaces with Collections, including:

• Moonrunners — August 8th
• OnChainMonkey — August 16th
• Grimmies — August 18th
• The Humanoids — August 23rd
• Karafuru — August 25th
• Sappy Seals — August 26th
• SupDucks — August 31st

The positive response to this new product strongly signals that Origin Story is providing an in-demand solution for creators and their communities.

Token Economics

OGN’s circulating supply is 502,778,267. The circulating supply number includes the tens of millions of OGN staked in our staking program, reducing the actual float further.

There are 22,911,909 OGN currently staked in our legacy staking program. The majority of these tokens are staked for a year. Over 29,508,015 OGN are locked up in the new OGN Staking Program for Season 1. This data signals that OGN holders believe in the future of OGN. You can see all of this information on our token dashboard.

Community

We are committed to building a thriving community of informed token holders and end-users of our products. In August, we focused on raising awareness across multiple global communities, exchanges, and projects.

Origin’s Co-founder, Josh Fraser, led the charge with an OGV-focused AMA on Twitter Spaces with Huobi. For those who missed it, you can catch up on the recording to learn more. Josh was also in attendance for ETH Seoul to raise awareness for Origin Protocol and our flagship products, where he was greeted with a warm welcome by many of you in the community. Take a moment to watch his presentation on token governance.

Elsewhere, our fantastic team of community managers also held several regional AMAs. We always appreciate the opportunity to help members of those communities better understand the impact of our recent upgrades to OUSD governance and OGN staking. In August, our community managers joined forces with CoinEx to host several regional AMAs across Korea, Russia, Portugal, and Turkey.

CoinEx Türkiye on Twitter: "🇹🇷#CoinExTürkiye'den herkese merhaba! 📣 #CoinEx & @OriginProtocol AMA 📅4 Ağustos, 19:00'de⛳️https://t.co/sSmgVnnzeZ👇Yorumlarda en ilginç sorular arasında $200 $OGN dağıtılacak 😍 pic.twitter.com/R50tx7QCGl / Twitter"

🇹🇷#CoinExTürkiye'den herkese merhaba! 📣 #CoinEx & @OriginProtocol AMA 📅4 Ağustos, 19:00'de⛳️https://t.co/sSmgVnnzeZ👇Yorumlarda en ilginç sorular arasında $200 $OGN dağıtılacak 😍 pic.twitter.com/R50tx7QCGl

Origin teamed up with Archimedes to host an AMA in our discord and discuss their upcoming marketplace. Archimedes DeFi platform utilizes stablecoins such as OUSD to power their innovative lending and borrowing operations.

Hiring

Origin continues to look for new talent to onboard and help accelerate development as we build for the future. We seek to prioritize quality and hire individuals whose experience and expertise align with our innovative strategy and mission.

To achieve our goals, we have expanded our product and engineering openings:

• Senior Full-stack Engineer (multiple hires)
• Senior Solidity Engineer (multiple hires)
• Frontend Engineer (multiple hires)
• Data Engineer
• Product Manager (Story)

To build out our Business Development and Marketing teams, we are searching for specialized team members that will play a significant role in taking our community building to the next level:

• Business Development Manager (Story)
• Email Marketer
• Public and Media Relations Manager
• Performance Marketer
• Marketing Designer

Learn more about Origin

• Buy Origin Tokens (OGN): Coinbase, Binance, Huobi, Upbit
• Track OGN token metrics: originprotocol.com/dashboard
• Participate in governance: vote.ousd.com
• Get Origin Dollars (OUSD): ousd.com
• Learn more on our company website: originprotocol.com
• Join our team: angel.co/originprotocol/jobs

August 2022 Origin Token(OGN) Holder Update was originally published in Origin Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.