Origin Protocol has recently entered the competitive ether yield market with a new offering- Origin Ether (OETH). This token enables users to boost their rewards by staking ether on other protocols. OETH can be minted by depositing either ether (ETH) collaterals or liquid staking derivatives (LSD), such as staked ether (stETH) and frax ether (rxETH) – tokens issued by Lido and Frax Finance respectively. OETH holders also have access to trading fees and token rewards through Curve and Convex.

The protocol is designed in such a way that users can start earning yields immediately, and those yields are generated at least once per day, without any gas fees. Origin boosts yields further by holding significant amount of curve (CRV) and convex (CVX) tokens and emitting rewards tokens to liquidity providers. The underlying collateral is paired with ether and provided as liquidity to various Curve pools to give users even higher yields.

The issue of OETH is a reflection of the increasing interest in the yield-farming industry. As the competition increases, Origin promotes OETH as an incredible opportunity to access highest yields in the DeFi market, without the need to bear the hassle of yield-farming. While traditional DeFi lending strategies tend to dominate the sector, OETH adds a much-needed diversity to the mix. The recent token debut is a testimony to Origin's growth and potential market value.



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