Origin Protocol (originprotocol.com) is a software development company focused on building permissionless decentralized finance (DeFi) products that enhance yield opportunities for Ethereum (ETH) and stablecoin holders.
The company's core offerings include:
- Origin Ether (OETH): A highly composable liquid staking token (LST) designed to offer substantially higher yields than other LSTs in the market.
- Origin Dollar (OUSD): The first yield-bearing stablecoin, which allows users to earn passive income while holding a stable asset.
- Super OETH: The first 'Supercharged' LST launched on the Base network, expanding the composability and earning potential for users.
All of Origin Protocol's products are structured to accrue value back to the Origin Token (OGN), aligning incentives for users and token holders. The company's solutions are engineered to be accessible and permissionless, helping users participate in DeFi yield strategies without restrictive barriers.
How was Origin Protocol started?
Origin Protocol was founded by a diverse team of entrepreneurs and engineers with significant experience in both technology and crypto sectors. Key leadership includes Josh Fraser (who began coding at age 10 and previously co-founded companies like EventVue and Torbit) and Matthew Liu (the third product manager at YouTube, with VP roles at Qwiki and Bonobos). Other team members bring backgrounds from companies such as Google, Dropbox, PayPal, and have deep expertise in smart contract development, security, product design, and finance.
Who uses Origin Protocol?
While specific customer names are not provided, Origin Protocol targets users and organizations seeking to maximize returns on ETH and stablecoin holdings via DeFi, including:
- Crypto investors and holders interested in liquid staking
- DeFi participants looking for yield-bearing stablecoins
- Developers and protocols seeking composable DeFi building blocks
What makes Origin Protocol different?
Origin Protocol differentiates itself by:
- Launching innovative products like OETH and OUSD, which combine high yield with composability and user accessibility
- Being among the first to introduce a yield-bearing stablecoin and a supercharged LST product on new networks
- Ensuring all product value accrues to its native token (OGN), creating a unified ecosystem
Where is Origin Protocol based and how big is the team?
Origin Protocol is headquartered in San Francisco, California, United States, and operates with a core team of 11-50 employees. The company is privately held and backed by leading venture capitalists, cryptocurrency funds, and Silicon Valley angel investors.
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