Origin Dollar Governance (OGV) is the governance and value accrual token for Origin Dollar (OUSD) and Origin Ether (OETH). OGV will use a veOGV (vote-escrowed OGV) mechanism that distributes economic and governance power to those most committed to the long-term success of the protocol. veOGV was originally inspired by Curve’s veCRV token model. The team also added the ability to stake OGV for multiple periods of time from the same wallet and enabled vote delegation.OGV holders will be able to lock up their OGV anywhere from 1 week to 4 years to receive veOGV in exchange. Vote locking OGV is nonreversible and veOGV is nontransferable.

Origin DeFi Governance

Origin Dollar Governance (OGV) is the governance and value accrual token for Origin Dollar (OUSD) and Origin Ether (OETH).

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Origin Protocol token holders have voted to merge the protocol’s lesser known token Origin DeFi Governance “OGV” with its native token OGN.
The post Origin Protocol’s OGN and OGV Tokens Will Be Merged to Improve Ethereum Liquid Staking appeared first on Cryptonews.

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