The Origin Protocol team announced via X on Tuesday that the $OETH staking upgrade has passed governance and is now deployed. This upgrade introduces a simplified validator architecture, built-in front-run protection for deposits, and Merkle proof validation against the Ethereum Beacon Chain.
Previously, OETH managed around 1,000 sweeping validators (0x01 type). These validators required deposits in multiples of 32 ETH and relied on a sweeping cycle every 9–10 days to distribute yield or process exits.
The upgrade consolidates staking into 15 compounding validators (0x02 type). This brings multiple benefits such as lower costs, better capital efficiency, and compounded rewards.
The OETH Staking Upgrade delivers measurable improvements for stakers:
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Security: Removal of Oracle dependencies and full Merkle proof validation.
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Efficiency: Compounding validators enable granular deposits and faster reinvestment of rewards.
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Withdrawals: Faster access to funds, without being tied to the 9–10 day sweeping cycle.
Origin is building “the future of internet commerce” and has the proclaimed mission to "enable true peer-to-peer commerce". The Origin Platform powers decentralized e-commerce stores, peer-to-peer marketplaces, and other commerce applications to reduce or remove transaction fees, promote more open and free commerce, and give all ecosystem participants stakes in the network. OGN is down 6.7% in the last 24 hours and trades at $0.03829.
Hassan Maishera