Origin Protocol has filed a B-1 disclosure document through the Blockworks token transparency framework, laying out details of its OGN buyback program along with information on governance, token allocation, and risk factors. According to the filing, the protocol has used more than $3.5 million in protocol fees since 2025 to repurchase over 100 million OGN, equal to about 14.8% of total supply. The filing says the buybacks were funded by net protocol fees from products including OETH and OUSD. Purchased tokens are distributed to xOGN stakers, and the program has not involved any new token issuance. The document also states that about 47% of circulating OGN is currently locked as xOGN. The update was cited by Techub News, with CryptoBriefing named as the source in the item.
Origin Protocol has submitted a B-1 disclosure document through the Blockworks token transparency framework, outlining its OGN buyback program, according to Techub News.
B-1 filing details the scale of buybacks
The document says the protocol has used more than $3.5 million in protocol fees since 2025 to repurchase over 100 million OGN, or about 14.8% of the token’s total supply.
Where the buyback funds came from
According to the filing, the funds used for the repurchases came from net protocol fees generated by products including OETH and OUSD. The tokens acquired through the program are distributed to xOGN stakers, and no new token issuance was created as part of the process.
Other disclosures in the document
The B-1 filing also covers the project’s governance structure, token allocation, and risk factors. It adds that about 47% of circulating OGN is currently locked as xOGN.
CryptoBriefing was cited as the source in the item.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
