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Fully decentralized governance

Origin Dollar and Origin Ether consist of a set of automated smart contracts on the Ethereum blockchain. This code, protected by a 48-hour timelock, is owned and controlled by a global community of OGV token holders who operate a decentralized autonomous organization, known as the Origin DeFi DAO.

Learn more

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1,532

Registered voters

248

Open-source contributors

139

Improvement Originosals

The governance process
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Discussion Forum

The Origin DeFi community lives in Discord, where the protocol was developed in public. Many improvement Originosals are born here through transparent discussion and debate. While there is no requirement to discuss improvements prior to submitting a Originosal, this is where the conversation happens.

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Snapshot vote

All off-chain voting occurs on the Origin DeFi Governance Snapshot space. This allows for signaling votes and temperature checks to be conducted without participants needing to spend gas. Other Originosals belong on Snapshot because they don't require on-chain execution to be implemented, such as funds allocations and other Strategist actions.

Participation requirements

300,000 veOGV

to create a Originosal

No minimum

to vote on existing Originosals

50 million veOGV

quorum requirement

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On-chain implementation

All configuration changes and improvements to the protocol's smart contracts must be executed on-chain. The Origin DeFi governance contracts are derived from OpenZeppelin's open-source code and require technical expertise to update. All on-chain Originosals are reviewed for security risks and any changes to the code should be accompanied by a thorough security audit. A timelock provides an added layer of security preventing changes from taking effect immediately after an on-chain vote is passed.

Participation requirements

10,000,000 veOGV

to create a Originosal

No minimum

to vote on existing Originosals

20% of veOGV supply

quorum requirement

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Step-by-step guide for creating Originosals and voting

01

Buy OGV

02

Stake OGV

03

Discuss a Originosal

04

Submit a Originosal

05

Vote on a Originosal

OGV can be purchased from many of the top AMMs and exchanges.

AMMs

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Exchanges

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Unsure how much OGV you need?

Use the calculator below to see how much staked OGV you would need to create off-chain and on-chain Originosals.

OGV to veOGV calculator

Select your staking period to see how much OGV is needed for Snapshot and on-chain Originosals

Length of stake

25 Months

Snapshot Originosal (300,000 veOGV)

33,844.64

OGV

OGV

OGV required

On-chain Originosal (10,000,000 veOGV)

1,128,154.64

OGV

OGV

OGV required

*The exchange rate between OGV and veOGV is constantly changing. By the time you stake OGV, the amount of veOGV you receive will likely be higher than the minimum required. This calculator will give an amount that should be at least enough to participate in governance.