ChainCatcher news, Origin Protocol announced that the proposal to "merge OGV and OGN" has been voted through. OGN holders will directly benefit from its billions of dollars in TVL and profit from the protocol revenue of OETH and OUSD, while OGV holders will also benefit from the increased liquidity and support provided by OGN.OGN will also become the sole value-added and governance token for Origin's brand new Automatic Redemption Manager (ARM).

ChainCatcher news, the multi-chain yield DeFi project Origin Protocol has announced its product roadmap and improvements to its tokenomics. The proposal to merge OGN and OGV aims to integrate all of Origin's product suite with a single governance and value accumulation token, OGN. The Origin treasury will lock all converted OGN (from the OGV merger) as voting escrowed OGN to ensure that the circulating supply of OGN does not significantly increase in the short term. OGV holders and veOGV stakers will have one year to convert their held assets into OGN and voting escrowed OGN, respectively. The voting deadline is April 10 at 08:00.In addition, Origin Protocol will launch native LSTs on other EVM-compatible chains and has recently partnered with Chainlink CCIP to bring OETH to Layer 2. Origin Protocol will launch wrapped OETH (wOETH) on Arbitrum in April.

ChainCatcher message, the DeFi project Origin Protocol announced a snapshot proposal for the community to "use 50% of OETH fees to repurchase OGV on the open market."It is reported that the proposal suggests that the remaining protocol fees will continue to be used to accumulate flywheel tokens held by the DAO, such as CVX.