History of ORIGYN Tokenomics

ORIGYN was founded in 2020, with the first version of its tokenomics launching in October of 2021. ORIGYN Tokenomics 1.0:

• Minted 10 billion OGY at genesis to fuel the ORIGYN Protocol and ecosystem.

• Enabled OGY holders to participate in the governance of the ORIGYN ecosystem by staking OGY to vote on proposals.

• Incorporated an inflationary mechanism, whereby new OGY tokens were minted to reward governance participation. These rewards were calculated based on a dynamic staking ratio ranging from 2%-20%. This was paired with a staking multiplier based on the amount of years staked. The multiplier ranged from 0 (< 1 year staking) to 2x (4 years staking). Rewards were also issued to vesting OGYs of holders and team members that vested longer than a year.

• Included a deflationary mechanism that burned OGY obtained as revenue or donations.

In late 2022, ORIGYN updated its governance and reward model, which was retrospectively titled Tokenomics 2.0. These upgrades were developed with important ecosystem and token holder benefits in mind, including reducing inflation and paving the way for increased governance from token holders. ORIGYN Tokenomics 2.0:

• Eliminated vesting rewards for holders and team members to reduce the minting of new tokens and limit inflation.

• Lowered the reward rate to a maximum of 5% for staked OGY tokens, applying the same reward multiplier for the duration of staking.

• Burned 197 million OGY tokens in the progression to a fully deflationary model.

ORIGYN has also launched a collection of foundational projects, products and technology over the past three years, including:

• ORIGYN Protocol: This technology infrastructure hosts every tool and solution developed by ORIGYN and operates entirely on the blockchain.

• ORIGYN NFT Standard: This pioneering standard in NFT technology transforms NFTs into “Sovereign Digital Experiences.” ORIGYN NFTs represent a digital twin of a physical asset and serve as an intersection between digital objects and the physical world. ORIGYN NFTs store multimedia experiences entirely on-chain and can host decentralized applications (dApps) inside the NFT, thus revolutionizing how people purchase, collect, sell and interact with digital and physical assets alike.

ORIGYN Ecosystem: ORIGYN has partnered with a set of industry players — from certification companies and NFT marketplaces to leaders in the precious metals, gemstones and art industries — to use its products and solutions and create new opportunities for consumers around the world.