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What is Origin Token (OGN)?
Origin Token (OGN), often used interchangeably with Origin Protocol, is an ERC-20 token that serves as the native token of the Origin Protocol ecosystem, which enables users to easily participate in both the NFT and DeFi space. Users can stake OGN, initiate and vote on governance proposals regarding the Origin ecosystem of products, or use ONG to participate in the Origin Protocol platform, which features two flagship products: Origin Dollar (OUSD) and Origin Story.
OUSD is a stablecoin designed to automatically earn yield while stored in the users’ wallet, providing–in effect–automated DeFi yields with no lock-up periods. Users can also transfer their OUSD at any time, without having to unstake their assets.
Origin Story, formerly known as the Origin Protocol NFT Launchpad, is an NFT platform that allows NFT creators and artists to create their own custom-branded NFT storefronts.
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