September's Token Holder Update

**Soneta** has launched a new **overcollateralized stablecoin** backed by liquid staking tokens (LSTs) on Sonic Labs. - The stablecoin uses **Wrapped OS ($wOS)** as a collateral asset at launch - Built on the **Sonic Labs** blockchain infrastructure - Follows an **overcollateralized model** for stability and security This launch adds another LST-backed stablecoin option to the DeFi ecosystem, leveraging liquid staking derivatives as underlying collateral. The project appears to be targeting users seeking stablecoin exposure while maintaining backing through yield-generating LST assets.

Origin Protocol's **Borrow Booster** is creating negative interest rates on Morpho Labs, meaning users actually get paid to take USDC loans. **How it works:** - Yield from superOETHb subsidizes borrowing costs - Creates sustainable, automated incentive system - Benefits both borrowers and lenders through improved market efficiency **Key features:** - Borrowers pay lower (or negative) APRs - Lenders see stronger utilization rates - Markets maintain healthier demand The first vault pairs superOETHb with USDC and includes additional OP token incentives worth ~3% yield for 6 weeks. [Learn more about Borrow Booster](https://www.originprotocol.com/blog/introducing-borrow-booster?lang=en&category=all&page=1)

**Origin Dollar (OUSD) has received a Low Risk rating** from BlueChip, placing it alongside established stablecoins like DAI and USDC. The rating recognizes OUSD's: - **Strong peg stability** - **Transparent onchain reserves** - **Comprehensive security audits** This classification positions OUSD as a credible alternative for users seeking **passive yield on stablecoin holdings**. Users can swap to OUSD through the [Origin Protocol app](https://app.originprotocol.com/#/ousd/) to start earning yield automatically.

**Origin Protocol delivered strong performance in August 2025:** - **$OGN staking yields reached record levels**, providing enhanced returns for token holders - **Institutional investors increased deployment** into Origin's product suite, signaling growing confidence - **ARM vaults continued expanding**, demonstrating sustained growth in the protocol's core offerings The monthly token holder update highlights Origin's momentum across key metrics. The combination of record yields and institutional adoption suggests the protocol is gaining traction in the competitive DeFi landscape. **Key developments include:** - Peak staking rewards for OGN holders - Institutional capital inflows - Vault growth acceleration Read the full [Token Holder Update](https://www.originprotocol.com/blog/august-2025-token-holder-update?lang=en&category=all&page=1) for detailed metrics and analysis.

Origin Protocol has implemented a new staking rewards system funded by protocol buybacks. Stakers can now earn up to 30.1% variable APY through the platform's dapp. Key points: - Rewards are sustainably funded through actual protocol revenue - Staking available through Origin's dapp platform - Current vAPY rate stands at 30.1% Stake your OGN tokens at [Origin Protocol's dapp](https://app.originprotocol.com/#/ogn/staking) to start earning rewards.