The rise of OGN-controlled value & why it matters for stakers 👇
🔹 Assets controlled by OGN grew over 400% in 2024 🔹 360% revenue growth from Origin products in 2024 🔹 Protocol-controlled value on @Base is now >$1.5M
Yesterday, the Automated Redemption Manager achieved a 10% daily APY as Lido stETH prices dropped 6 basis points below its ETH peg.
Over the trailing 30 days, the ARM has achieved a 7.07% APY by purchasing stETH at a discount and redeeming it 1:1 for ETH via Lido’s redemption queue.
You can deposit to the ARM ETH Vault to earn yield from stETH price discrepancies, offering a low-risk strategy to ETH holders looking to earn higher yields than holding LSTs outright.
Deposit to the ARM ETH Vault before the deposit cap is hit: