New wsuperOETHb Pool on Spectra Finance

🥁 Super OETH's New Trick

By Origin Ether
Oct 16, 2024, 12:27 AM
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Photo by Origin Ether

Spectra Finance has launched a new pool for wsuperOETHb on Base network.​ This pool offers:

  • Supercharged fixed rates
  • Yield trading opportunities
  • New yield streams

Key features:

  • Harness Super OETH's yields with various mechanics
  • Hedge trades and boost APYs
  • Supply Super OETH liquidity to earn trading fees

For those new to Super OETH, check out the DeFi Opportunities Page to learn more: https://www.​originprotocol.​com/opportunities

Access the new pool here: https://app.​spectra.​finance/pools#base/0x1dd42dd08af91ef8bcbb55c1f11c9239a101237e

Sources
Read more about Origin Ether

🔐 OETH Pioneers Merkle Proof Verification for Staked ETH Balances

OETH is among the first liquid staking tokens to implement Merkle proofs for verifying staked ETH balances onchain. The upgrade brings several technical improvements: **Key Features:** - Compounding validators with improved efficiency - Front-run protection mechanisms - Partial withdrawals enabling faster beacon chain exits - Onchain balance verification using Merkle proofs **Security & Timeline:** The compounding validator contracts passed audit by Sigma Prime with no critical or high severity issues found. All other findings have been resolved. Migration to the new validator architecture has begun, with full completion expected in Q2 2026. [View audit report](https://github.com/sigp/public-audits/blob/master/reports/origin/Sigma_Prime_Origin_Protocol_Validator_Consolidations_Security_Assessment_Report_v2_0.pdf)

🏗️ Tangent's USG Taps OUSD Curve Pools

**Tangent's $USG stablecoin will integrate OUSD Curve pools as a yield source at launch**, marking another protocol building on OUSD infrastructure. **Key implications:** - Protocols using OUSD pools deepen onchain liquidity - Strengthens Pool Booster yields for OUSD liquidity providers - Expands OUSD's role as stablecoin infrastructure This follows recent OUSD pool launches with USDe, pmUSD, eUSD, AVUSD, crvUSD, msUSD, and USDnr on Curve Finance. Each pairing combines Pool Booster incentives with protocol-specific rewards to support LP yields.

🔄 Origin's eETH ARM Routes Idle Capital to Morpho for 5.7% APY

🔄 Origin's eETH ARM Routes Idle Capital to Morpho for 5.7% APY

Origin Protocol's eETH Automated Redemption Manager (ARM) integrates Morpho lending to maintain consistent yields when arbitrage opportunities are scarce. **How it works:** - Primary strategy: arbitrages eETH price differences across AMMs and Ether.fi withdrawal queue - When eETH trades below peg, ARM buys discounted eETH and redeems 1:1 to capture spread - During idle periods, capital automatically routes to Morpho for lending yields **Performance:** - 5.7% APY over past 30 days - Outperforms base eETH staking (~3% APY) - Peak volatility periods have generated 30%+ daily APYs The strategy builds on Origin's proven stETH ARM, which has processed $2B+ volume over 2 years with 5.6% recent APY. Audited by OpenZeppelin and yAudit. [Explore eETH ARM](http://app.originprotocol.com/#/arm/1:ARM-WETH-eETH)

🔥 stETH Volatility Trading

**Pendle Finance** now offers the first-ever **stETH volatility trading** market. - ARM protocol captures the spread between different stETH positions - Pendle transforms this into a tradeable market for users - Traders can now directly trade volatility exposure on staked Ethereum This creates a new DeFi primitive allowing users to speculate on or hedge against stETH price movements without holding the underlying asset. [Trade stETH volatility on Pendle](https://app.pendle.finance/trade/markets/0x53f940db819400f226466f5ad330c177a4be6b3c/swap?view=pt&chain=ethereum)

💰 Negative Rates Alert

**Morpho's Borrow Booster markets** are offering negative interest rates on USDC loans, meaning borrowers get paid to borrow. **Key Details:** - Available on Base and Ethereum Mainnet - Base Super OETH market offering ~9.7% APY to borrowers - Higher LTV loops earn more rewards - Auto-deleverage feature reduces liquidation risk **How it works:** - OETH and Super OETH yield subsidizes borrow costs - Borrowers effectively earn money on USDC loans - Risk management through automatic deleveraging **Available Markets:** - [Base Super OETH](https://app.morpho.org/base/market/0x67a66cbacb2fe48ec4326932d4528215ad11656a86135f2795f5b90e501eb538/superoethb-usdc) - [Ethereum OETH](https://app.morpho.org/ethereum/market/0xb8fef900b383db2dbbf4458c7f46acf5b140f26d603a6d1829963f241b82510e/oeth-usdc) Check out these markets to explore earning while borrowing.

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