Origin Protocol (OGN)
Last updated 15/11/2022
Official Website: https://www.originprotocol.com/
Introduction to Origin Protocol (OGN)
The goal of Origin Protocol is to make non-fungible tokens (NFTs) and decentralised finance (DeFi) accessible to everyone. After years of developing user-friendly blockchain solutions, the Origin team discovered that decentralised commerce would meet demands that users cannot meet with centralised alternatives. NFTs may be used for financial applications or as digital collectibles in this scenario.
Origin Protocol wants to develop applications that are user-friendly and crypto-centric so that decentralised applications may compete with their centralised counterparts. Origin Protocol also considers that, despite its development, decentralised finance is still too burdensome and sophisticated for common consumers. Due to their convenience, even crypto-savvy consumers favor alternatives like credit cards and mobile payments.
Origin Protocol has been focused on enabling blockchain commerce across verticals like NFTs and decentralised finance as a result.
One is its self-serve NFT sale, which allows content and digital product makers and influencers more authority. The Origin Protocol creates unique storefronts for creators through Origin Story, which enables the protocol to produce record-breaking NFT sales in a variety of industries, including music, art, sports, and many others. Creators may set up Origin accounts, upload audio and graphic elements for their NFTs and customised websites, schedule NFT sales.
Additionally, Origin Protocol provides its Origin NFT Marketplace, which aims to dominate the NFT market and will support both site-specific markets and markets with the Origin brand. Creators can manage site-specific marketplaces on their websites, using the Origin infrastructure for their specialised needs. Like how Opensea operates, the branded Origin marketplace allows authors to compile their NFTs on a single website. Origin intends to expand to Ethereum layer-two scaling technologies in the future.
The stablecoin known as the Origin Dollar is another essential component of Origin's functionality. This algorithmic stablecoin automatically creates yields between 20% and 150% without the need for staking or lock-up periods. Users of the Origin Protocol can automatically generate yield while holding OUSD.
OUSD connects with Compound and Aave, two lenders. Several AMMs, including Curve, Uniswap, and Sushiswap are also connected with OUSD. Automatic yield is generated by the OUSD smart contract, and in the future, Origin Protocol intends to transfer reward tokens obtained from the DeFi protocols to OUSD holders.
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Where to Store Origin Protocol (OGN)
A trusted wallet provider for your Origin Protocol (OGN) token could be Trust Wallet - a multi-currency mobile wallet that enables users to simultaneously store a variety of digital assets in one place.
Similarly, a user-friendly option to keep your $OGN secure can include MetaMask, a leading browser wallet extension popular amongst DeFi platforms and highly praised by developers. Users can integrate with the network’s Liquidity Mining pools by connecting to their MetaMask wallet.
On the other hand, if you are looking for a safe offline storage solution, we recommend one of the leading hardware wallet providers Trezor.
Atomic Wallet is a popular custodial wallet option that can hold a wide variety of cryptocurrencies such as OGN making it highly desirable for users who wish to have a varied portfolio.
Where to Buy and Sell Origin Protocol (OGN)
You can Buy & Sell Origin Protocol (OGN) by heading over to the Buy Coins page of our website. Origin Protocol (OGN) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying $OGN has never been easier, simply place your order and provide your wallet address. Once your payment arrives Origin Protocol (OGN) will be sent directly to your wallet.
If you choose to Sell Origin Protocol (OGN) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on our Sell Coins page.
Origin Protocol (OGN) Resources
Website: https://www.originprotocol.com/
Block Explorer: https://etherscan.io/
Twitter: https://twitter.com/originprotocol
Reddit: https://www.reddit.com/r/originprotocol
Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.