Origin
  • Intro to Origin
    • Overview
  • Yield-bearing Tokens
    • Core Concepts
      • Elastic Supply
      • Rebasing & Smart Contracts
      • Wrapping
      • Bridging
      • AMO
      • Yield Forwarding
    • OUSD
    • OETH
      • Liquid Staking
      • Redemption
      • Zapper
    • Super OETH
      • Supercharged LSTs
      • Protocol-Owned Liquidity
      • Layer 2 Roadmap
      • Flywheel
    • OS
      • Staking on Sonic
      • Redemption
  • ARM
    • Ethereum ARM
  • OGN
    • Staking
    • Governance
    • Vote Delegation
      • Recognized Delegates
    • University Governance Program
  • Security & Risk
    • Audits
    • Risk Framework
    • Bug Bounties
    • Price Oracles
  • Registry
    • Contracts
      • OS Registry
      • OETH Registry
      • Super OETH Registry
        • Base
        • Plume
      • OUSD Registry
      • ARM Registry
        • Ethereum ARMs
        • Sonic ARMs
      • Pool Booster
    • Dapp
    • API
  • Guides
    • FAQ
    • Governance Templates
      • Rebase Opt-In Proposal
      • Integration Proposal
      • General Proposal
      • Yield Strategy Proposal
      • Collateral Proposal
    • Incentivized Harvesting Guide
    • Integration Guide For Exchanges
  • Links
    • Website
    • Dapp
    • GitHub
    • Discord
    • Telegram
    • Governance Forum
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  1. Yield-bearing Tokens

Core Concepts

Origin's four yield-bearing token products (OETH, Super OETH, OS, and OUSD) share most of the same battle-tested code. While each has its own characteristics and use cases, the same overall user experience applies across the product suite:

  • Fully collateralized at all times - Every token in circulation can be redeemed permissionlessly for the underlying collateral, which negates any risk of a death spiral seen with algorithmic token implementations.

  • Rebasing (up only) ERC-20 compliant - The standard version of each token features an increasing supply, which causes users' balances to grow in their wallets every day without any need to claim yield or actively stake the token. Learn more in Elastic Supply and Rebasing & Smart Contracts.

  • Optional wrapped version with ERC-4626 - For greater composability and an alternate user experience, each token can be wrapped, which results in a token version that grows in value rather than supply. Learn more in Wrapping.

  • Integrated with protocol-owned liquidity - Peg stability and yield are optimized in each case by pairing collateral with a tightly controlled token issuance strategy. Learn more in AMO.

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Last updated 6 days ago