ORIGIN Eternal Protocol
  • ORIGIN
  • ORIGIN's Creed of Freedom
  • ORIGIN Preface
  • Introduction to ORIGIN
  • ORIGIN Contract Economics
    • Internal Coordination Theory
    • The Relationship Between the Real economy and Digital Economy
    • Game Theory of ORIGIN Protocol
      • Prisoner’s Dilemma
      • ORIGIN game theory explanation
    • Social Negotiation and Distributed Autonomy
      • How to Verify the Internal Coordination Theory of the ORIGIN Protocol
      • Policy Levers
    • How these Mechanisms Create an Economic Flywheel
  • ORIGIN Protocol Septet
    • Treasury Contract
    • Sales Contract
    • Bond Contract
    • Stake Contract
    • Transaction Turbine Mechanism
    • FOMO POT prize pool
    • Anonymous Stablecoin Issuance Contract
  • ORIGIN Operating Mechanism Diagram
  • Introduction to ORIGIN's Three Primary Tokens
    • Algorithm non-stable currency LGNS
    • Introduction to Anubis privacy public chain
    • Introduction to privacy stablecoin
  • ORIGIN’s Road to Freedom and Rise
    • History of Token Economic Development
    • Dilemmas Faced by DeFi 1.0
    • ORIGIN Plays a Vital Role in The Token Economy
    • ORIGIN Launches Cross-Chain Protocol
    • ORIGIN DEX Develop is implemented
    • ORIGIN plans to innovate lending products
    • ORIGIN’s treasury value-added plan
    • Construction of ORIGIN 2.0 privacy ecosystem
    • ORIGIN 3.0 is a globally integrated financial autonomy system based on algorithmic, non-stable curre
  • ORIGIN Incentive Mechanism Model
    • LGNS Stake System (Staking)
    • Cobweb System
    • DAO Pool Rewards
    • Bond Sales Incentives
  • ORIGIN Digital Civilization Trilogy
  • ORIGIN declared to all Anonymous People
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  1. Introduction to ORIGIN's Three Primary Tokens

Algorithm non-stable currency LGNS

Token Name: LGNS

Public Chain: Ethereum

Issuance Method: Minting Issuance

Users can obtain LGNS in three ways, among which ORIGIN is issued through Minting based on the sale of liquidity bonds and reserve bonds.

① Users can purchase LGNS directly in the Swap pool, and there is no discount at the real-time Price, and the agreement does not generate new LGNS.

② When the user purchases liquid bonds, the LP ownership is transferred from the user to the protocol. As compensation, the user purchases preferential LGNS tokens (5-day linear release), and the protocol mints new LGNS tokens based on RFV.

③ When users purchase reserve bonds, USDT is owned by the protocol. As compensation, users purchase preferential LGNS tokens (5-day linear release), and the protocol mints new LGNS tokens based on RFV.

In summary, users directly purchase new LGNS on Swap without a discount agreement and new LGNS is minted for both bonds to balance supply and demand and meet the staking reward rate. Purchasing reserve bonds brings more LGNS to meet the staking reward rate, while liquidity bonds stimulate the continuous addition of the LP pool.

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Last updated 1 year ago