📪Tokemomics

ORZ - Origin Token

Contract: TBD

The xORZ token is designed to be used as a medium of exchange within the Origin Protocol ecosystem. The protocol's built-in stability mechanism aims to maintain ORZ's peg of 1 xORZ = 1 US dollar in the long run, but it is not collaterized, which means that the value of xORZ may fluctuate.

OSHARE - Origin Share

Contract: TBD

ORZ Shares (OSHARE) are a way to measure the value of the Origin Protocol and shareholder trust in its ability to maintain xORZ close to its peg. During epoch expansions, the protocol mints xORZ and distributes it proportionally to all OSHARE holders who have staked their tokens in the Boardroom. OSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Origin Protocol ecosystem. OSHARE has a maximum total supply of 500,000 tokens, and there is no team allocation or rewards pool. The Dev team will use treasury funds in any way they feel is best for the long-term success of the protocol.

OBOND - Origin Bond

Contract: TBD

Bonds (OBOND) incentivize changes in xORZ supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of xORZ falls below 1 US dollar, OBONDs are issued and can be bought with ORZ at the current price. Exchanging xORZ for OBOND burns xORZ tokens, taking them out of circulation (deflation) and helping to get the price back up to peg. OBONDs can be redeemed for xORZ when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for xORZ when it is above peg, helping to push it back toward the 1 xORZ to 1 US dollar ratio. OBONDs do not have expiration dates, and all holders are able to redeem their OBOND for xORZ tokens as long as the Treasury has a positive xORZ balance, which typically happens when the protocol is in epoch expansion periods.

upORZ

Contract: TBD

$upORZ Token is a perpetually appreciating asset 100% backed by xORZ. An asset that provides a great opportunity to earn real yield with no price depreciation, but actually only price appreciation! All buys increase the price, but all sells do as well. The fundamentals of $upORZ enable this with two very simple core mechanisms, the Mint and Redeem functions.