Mike Dean and Shepard Fairey Team for NFT Offering OBEY 4:22 (EXCLUSIVE) lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.
Introduction to Origin NFTs Platform and Its OGN Token
6 hours ago by Oluwapelumi Adejumo · 5 min read Photo: Origin Protocol
You have successfully joined our subscriber list.
Here is everything you need to know about the Origin platform and its OGN token. This protocol solves the bothersome blockchain issues by providing regular and vital incentives to customers with a stake in the network.
Origin protocol with its native OGN token is a peer-to-peer (P2P) network that allows developers to build decentralized marketplaces and other e-commerce applications as well as trade digital assets.
Built on the Ethereum network and integrated with the InterPlanetary File System (IPFS), the protocol strives to bring peer-to-peer commerce and decentralized finance (DeFi) to the masses. Providing regular and vital incentives to customers with a stake in the network, Origin creates a decentralized and incentivized environment for buyers and sellers to facilitate business. It ensures there
Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders
The Origin Protocol team has unveiled a compensation plan for its depositors who were adversely affected by the flash loan attack in November. According to the team, there is now a plan to provide compensation equal to 100% of the value deposited to OUSD at the time of the exploit.
Two Compensation Plans
Still, the team clarifies that one’s OUSD holdings before and after the hack will be a key determinant of the compensation package they will receive. In an update issued via Medium, Micah Alcorn who is the Production Engineer at Origin Protocol says: