Question 1

What is the Origin Ether (OETH) Coin?

Accepted Answer

The Origin Ether (OETH) crypto coin is an Ethereum-based ERC-20 token minted on March 29, 2023. OETH is a yield-bearing, ether-pegged aggregator that optimizes yield between liquid staking tokens (LSTs) and liquidity provisions on industry-leading automated market makers (AMMs).

Furthermore, the OETH smart contract is forked from Origin Dollar (OUSD), which has been stress-tested for more than two years. And the OETH coin employs multiple security mechanisms, including audits, bug bounties, and a 48-hour timelock.

Learn more about Origin Ether in our OETH coin article!

Question 2

Why Did Origin Protocol Launch the OETH Coin?

Accepted Answer

The LST sector is growing rapidly; however, Origin Protocol suggests that existing options need to be improved, and they believe they are in the position to deliver the industry’s highest APY on ether with the OETH token.

Question 3

What is the Role of the OETH Coin Within Origin Protocol?

Accepted Answer

The OETH crypto operates similarly to the OUSD, and both tokens share a large part of their codebase. However, the biggest difference is that OETH is ether-denominated; meanwhile, OUSD is pegged to USD.

OETH is, like OUSD, completely backed, grows automatically in the user’s Web3 wallet, and is liquid at all times. But instead of using stablecoins as collateral, OETH leverages LSTs instead.

Question 4

How Does the the Origin Ether Token Work?

Accepted Answer

Origin Ether gives users a way to stack ETH by maximizing yield between various LSTs and DeFi pools. The token’s vault accepts several tokens, including rETH, stETH, wETH, etc. Here’s how it works:

Users deposit supported tokens and receive OETH.
OETH maximizes yield between LSTs and DeFi Pools.
Holders get yield straight to their wallets.
Holders can redeem tokens for any underlying collateral or swap back to ETH at any time.

Question 5

Where Do You Buy the Origin Ether (OETH) Coin?

Accepted Answer

The easiest way to buy the OETH coin is to use Moralis Money’s crypto-swapping feature right here on the token page. Simply scroll up, connect your Web3 wallet, select a token pair, and hit the “Trade” button.

Question 6

What is Origin Protocol?

Accepted Answer

Origin Protocol was launched in 2017, and it’s an Ethereum-based platform streamlining the process of building decentralized marketplaces for NFTs and digital assets. The mission of Origin Protocol is to combine and bring DeFi and NFTs to the mainstream.