OGV governs Origin Dollar (OUSD) and Origin Ether (OETH). Locking OGV creates veOGV, granting governance power.
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Origin Dollar Governance (OGV) is the token that governs and adds value to Origin Dollar (OUSD) and Origin Ether (OETH). OGV uses a veOGV system, inspired by Curve's veCRV, to give voting power and economic benefits to those who are dedicated to the protocol's long-term growth. This system allows users to stake OGV for different durations from a single wallet and delegate their votes. OGV holders can lock their tokens for 1 week to 4 years to receive veOGV. Once locked, OGV cannot be unlocked, and veOGV cannot be transferred.
As of now, Origin DeFi Governance is trading at 0.006673 USD, with a 24-hour trading volume of approximately 0 USD. The OGV to USD price is updated in real time. Over the past 24 hours, Origin DeFi Governance has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 4.67M USD. Currently, there are 700 356 678 OGV in circulation out of a maximum supply of 4 515 739 239 OGV.
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