Stack ETH faster with OETH
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
1,536
Registered voters
0
Open-source contributors
148
Improvement proposals
The governance process
Discussion Forum
The Origin DeFi community lives in Discord, where the protocol was developed in public. Many improvement proposals are born here through transparent discussion and debate. While there is no requirement to discuss improvements prior to submitting a proposal, this is where the conversation happens.
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 proposals 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 proposal
No minimum
to vote on existing proposals
50 million veOGV
quorum requirement
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 proposals 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 proposal
No minimum
to vote on existing proposals
20% of veOGV supply
quorum requirement
Step-by-step guide for creating proposals and voting
01
Buy OGV
02
Stake OGV
03
Discuss a proposal
04
Submit a proposal
05
Vote on a proposal
OGV to veOGV calculator
Select your staking period to see how much OGV is needed for Snapshot and on-chain proposals
Length of stake
1 Month
Snapshot proposal (300,000 veOGV)
285,649.83
OGV
OGV required
On-chain proposal (10,000,000 veOGV)
9,521,661.12
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.