OGN DAO announces a buyback of OGN worth over $3 million.

BlockBeats News, on June 16, OGN DAO announced that a new governance proposal to deploy over $3 million worth of DAO assets for an OGN buyback on the market had been unanimously approved. Along with the previously passed proposal to allocate 100% of protocol revenue for OGN buybacks, this marks a significant shift in the value flow mechanism of the Origin Token.

The DAO is stepping up efforts to align product growth with token holder returns—halting token emissions and replacing them with real yield driven by protocol revenue and DAO-owned assets.

Over the next 12 months, more than $3 million worth of assets from the DAO treasury (based on valuation at the time of writing) will be used for OGN buybacks on the market. These assets will first be converted into Origin-owned assets such as OUSD or OETH, which provide both stability and yield. This structure ensures that treasury assets retain their ability to appreciate while supporting regular buybacks.