September Token Holder Update Released

**Morpho introduces auto-deleverage functionality** for Borrow Booster markets, specifically supporting OETH/USDC and superOETHb/USDC pairs. **Key features:** - Automatic risk controls for leveraged positions - Enhanced confidence for larger loop strategies - Combined with existing cheaper borrow rates This builds on Morpho's **negative borrow rate innovation** launched earlier, where superOETHb yield subsidizes borrowing costs through yield forwarding technology. **Benefits for users:** - Lower borrowing costs through yield subsidies - Automated position management - Reduced liquidation risks The auto-deleverage feature adds a **safety layer** to Morpho's already attractive lending markets, making leveraged strategies more accessible and secure for DeFi users.

**Origin Ether's major staking upgrade is now live**, bringing significant improvements to security, efficiency, and reliability. **Key improvements include:** - Removal of oracle dependencies for enhanced trustlessness - Modernized validator operations - Transition to Merkle Proof-based validation The upgrade leverages **Ethereum's Dencun and Pectra improvements** to deliver a more robust staking infrastructure. Validator migration has begun this month as part of OETH's evolution toward fully trustless Ethereum staking. This represents a **major milestone** in decentralized staking technology, eliminating traditional oracle risks while improving operational efficiency.

**Origin Protocol delivered strong November performance** across multiple fronts: **Record Token Buybacks** - 8.4M $OGN bought back in November - Total buybacks now at 47.7M (7.37% of supply) - Max-locked $xOGN earning **37.5% APY** - Nearly 40% of circulating supply locked **Product Updates** - **eETH ARM** posted 6.4% trailing 30-day APY in private beta - Won $1.3M+ in trading volume through aggregator routing - **$OUSD redesign live** - now fully backed by USDC for simplified architecture **Major OETH Upgrade** - All three audits complete (Nethermind, OpenZeppelin, Sigma Prime) - Validator migration started - Brings EIP-7251 support, safer key management, partial withdrawals - **Removes oracle dependencies** with native Merkle proof validation **Strong Revenue** - $710K generated in November - ~$150K distributed to $OGN stakers The OETH upgrade positions the protocol for deeper institutional allocation and more transparent staking. [Read full update](https://www.originprotocol.com/blog/november-2025-token-holder-update?lang=en&category=all&page=1)

**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 (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/)