OpenZeppelin Completes 11th Audit of Origin Protocol
OpenZeppelin Completes 11th Audit of Origin Protocol
🔍 What OpenZeppelin Found
OpenZeppelin has completed their 11th security audit of Origin Protocol's codebase, focusing on a new feature called Yield Forwarding.
Key points:
- Yield Forwarding enables accounts to direct yield from rebasing tokens to other smart contracts
- The audit confirms the feature's robustness and efficiency
- This marks the 11th successful audit of Origin's infrastructure
The continued partnership with OpenZeppelin demonstrates Origin's commitment to security and code quality.
OpenZeppelin has completed their 11th audit of Origin’s codebase ensuring robustness and efficiency 🛡️ The audit reviewed Yield Forwarding, a new feature for Origin’s rebasing tokens that enables accounts to direct yield to other smart contracts. Learn more about Yield
Origin’s Yield Forwarding 🛡️ We recently audited the latest updates to the @OriginProtocol OUSD/OETH/superOETHb contracts, which allow yield to be directed to approved smart contracts. Check this thread and read the blog post ⬇️ blog.openzeppelin.com/origin-ousd-au…
**Negative Borrow Rates Launch on Morpho**
Origin's new **Borrow Booster** has launched on Morpho, enabling negative borrow rates for superOETHb/USDC pairs. The system works by forwarding Super OETH yield to reduce borrowing costs, creating a unique situation where borrowers can earn while borrowing. **Key benefits:** - Borrowers pay less than zero interest - Lenders still receive competitive returns - More attractive lending markets overall This represents a significant shift in DeFi lending mechanics, where yield-bearing collateral can subsidize borrowing costs rather than just providing security.
Origin's OS ARM Integration with FlyTrade Enhances Trading Efficiency
**Origin's OS ARM** has been integrated with FlyTrade, creating a more efficient trading infrastructure. - **$OS and $S token swaps** now route through the ARM system - **Increased trading volume** and improved liquidity for traders - **Better pricing and routing** previously enabled through OpenOcean integration The ARM (Automated Routing Mechanism) integration represents a significant infrastructure upgrade that **streamlines token swaps** and provides traders with more efficient execution. This follows Origin's earlier partnership with OpenOcean, which brought ARM functionality to both Ethereum and Sonic networks, demonstrating the platform's commitment to **cross-chain liquidity optimization**.
Origin Protocol Launches New OGN Dashboard for Real-Time Token Metrics
Origin Protocol has launched a comprehensive dashboard for tracking **$OGN token metrics** in real-time. The new dashboard provides visibility into: - **Buyback progress** and analytics - **Staking rates** and yields - **Protocol revenue** streams - **Supply metrics** and other core token drivers This tool gives OGN holders and the broader community transparent access to key performance indicators that drive token value. The dashboard is now live at [originprotocol.com/ogn](https://www.originprotocol.com/ogn) and offers a centralized view of Origin's tokenomics data. *Check out the new analytics to stay informed on OGN's key metrics.*
Live Stream Tomorrow: OGN Updates, Pendle Markets & DeFi Lending
**Live stream scheduled for tomorrow at 11 AM EDT** The session will cover: - **$OGN token developments** and recent updates - **New markets launching on Pendle** protocol - **DeFi lending discussion** with @ripe_dao representatives Turn on post notifications to get reminded when the stream goes live.
Origin Dollar Achieves Low Risk Rating Alongside DAI and USDC
**Origin Dollar (OUSD) has received Low Risk coverage** from Bluechip, placing it in the same category as established stablecoins DAI and USDC. The rating recognizes OUSD's strong fundamentals: - **Peg stability** - maintains consistent value - **Onchain reserves** - transparent backing - **Security audits** - verified safety measures This classification positions OUSD as a trusted stablecoin option for users seeking yield-generating alternatives to traditional stablecoins. [Start earning with OUSD](https://app.originprotocol.com/#/ousd/)