3️⃣Tokenomics 3.0

ORIGYN Tokenomics 3.0 was designed to benefit OGY holders globally. It is simple to understand and free of hidden complexities, and its tools are straightforward to use. It is the culmination of all of ORIGYN’s learnings and launches since its foundation. ORIGYN Tokenomics 3.0:

1. Implements Deflationary Mechanisms. With ORIGYN Tokenomics 3.0, ORIGYN will stop minting new OGY tokens — period. Further, the maximum supply of OGY will continue to decrease, as OGY acquired as revenue from the ORIGYN platform will be regularly burned. Given research on other deflationary models, as well as similar assets like commodities, ORIGYN believes that a deflationary model is the most beneficial approach for the long-term sustainability of the protocol.

2. Releases OGY Holders From Vesting. In recognition of ORIGYN’s early and long-time supporters, ORIGYN will release OGY holders from their current vesting schedules. This includes any and all vested rewards earned during ORIGYN Tokenomics 1.0. This does not apply to ORIGYN team members and advisors. By removing vesting constraints, OGY holders can now stake their OGY, participate in governance and benefit from the new reward structure. Given the updates to ORIGYN Tokenomics 3.0, which were designed to benefit the longevity of the protocol, ORIGYN will release holders from vesting for them to have immediate access to and autonomy over their OGY. ORIGYN also designed the new staking and rewards structure to recognize these holders upon staking for their early commitment to the protocol, as well as to incentivize their participation in its future.

3. Incentivizes for Participation. ORIGYN has created mechanisms to continuously reward and incentivize OGY token holders to stake and participate in governance. This coincides with the release of holders from vesting and ORIGYN’s commitment to stop minting new tokens.

4. Facilitates Transparency. Transparency is critical to foster trust with stakeholders. ORIGYN will ensure that all decisions regarding token distribution, usage and future developments are communicated clearly and openly. In support of this process, ORIGYN has launched a new and improved OGY Dashboard. This dashboard provides token holders with full transparency into OGY and its token economy, improves staking and governance functionality and empowers holders with important insights and data about OGY. Explore the dashboard here.

5. Fosters Decentralization. ORIGYN believes in decentralized governance and has taken measures, including enabling cross-interoperability of OGY and partnerships with other IC-projects, to increase the number of OGY holders governing the protocol.

6. Supports Developers. Developers are the heart of the IC, and ORIGYN is building new rewards and structures to support builders who contribute to open-source technology for the ORIGYN Protocol.

7. Expands DAOs for Good. ORIGYN has established three Decentralized Autonomous Organizations (DAOs) in support of important global causes (each seeded with 100 million OGY). These not-for-profit organizations will support philanthropic and humanitarian initiatives, including the environment, causes for children and other charitable endeavors, with more details to come soon.

8. Enables Multi-Chain Interoperability. To improve accessibility and interoperability, ORIGYN operates on a multi-chain principle. In the first instance, ORIGYN plans to burn 200 million OGY on ICP and mint 100 million OGY on ETH (as ERC20) and 100 million OGY on Bitcoin (as BRC20). Afterwards, ORIGYN plans to enable cross-chain interoperability between OGY tokens and ICP, Bitcoin and Ethereum, with the option to evaluate and expand to additional blockchain platforms beyond BTC and ETH.

9. Increases Liquidity. Liquidity is crucial to ensuring a smooth market for OGY. By prioritizing liquidity, ORIGYN aims to prevent price manipulation and make it easier for users to buy and sell tokens whenever they wish. This includes listing on top-tier centralized exchanges (CEXs) and providing additional liquidity on existing decentralized exchanges (DEXs), including Sonic, IC, Lighthouse and Helix.