OGN is an ERC-20 token that serves as the native token of the Origin Protocol, which enables users to easily participate in both the NFT and DeFi space.
Origin Token (OGN), often used interchangeably with Origin Protocol, allows users to participate in the Origin Protocol ecosystem of platforms and products. In this article, learn more about OGN and its role within the Origin Protocol ecosystem.
What is Origin Token (OGN)?
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.
What is Origin Dollar (OUSD)?
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.
These user-friendly features help ensure beginner and advanced users alike access passive earning opportunities like DeFi yields.
What is Origin Story?
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. Similar to traditional software-as-a-service (SaaS) e-commerce platforms, creators and artists can use Origin Story to design and launch their storefront, then auction or sell NFTs using a user-friendly interface.
How to buy Origin Token (OGN) on Binance.US
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