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Origin Protocol Buybacks Reach 114 Million Tokens Through Sept. 30

Origin Protocol repurchased 2.6 million Origin Token (OGN) through Sept. 30. Cumulative buybacks equaled 16.5% of circulating supply.

A blank metal token is drawn from a circular arrangement / TokenPost.ai
A blank metal token is drawn from a circular arrangement / TokenPost.ai

Origin Protocol had bought back 2.6 million Origin Token (OGN) through Sept. 30, bringing cumulative buybacks to 114 million tokens, or 16.5% of circulating supply.

Net protocol fees after operating expenses fund the buybacks. OGN stakers receive protocol fees and governance power.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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