Stake Contract

The staking mechanism of the ORIGIN platform provides users with a unique way to participate, both to earn profits and to participate in platform governance. By holding and staking LGNS tokens for an extended period, users become consensus members and promoters of the protocol and obtain continuous investment and compound interest returns. The ORIGIN protocol will automatically calculate and distribute these earnings to the user's staking account. The core idea of staking is to encourage long-term investment. When users choose to hold and stake their LGNS tokens for the long term, they not only contribute to the stability and development of the platform but also receive continuous investment returns plus the compound interest effect. This mechanism is designed to reward investors with the foresight and patience whose long-term commitment is critical to maintaining the health and vitality of the ORIGIN ecosystem.

·Stake and unstake

Enter the official website and select "Stake". Participants will send their LGNS holdings into the stake contract and obtain their LGNS at a 1:1 ratio. s LGNS is a certificate for users to participate in staking. It has no other purpose except holding. When the user releases the mortgage, he will send s LGNS to the stake contract and obtain LGNS at 1:1.

·Rebase

The protocol directly allocates tokens to the staking contract without claiming back from LGNS. It will increase the ratio of LGNS to s LGNS and cause a readjustment of the difference.

Example: When there are 100,000 LGNS staked and 100,000 LGNS undelivered. The protocol issues 1,000 LGNS a day as staking rewards and the protocol sends these LGNS into the staking contract. Currently, are 101,000 LGNS in the stake contract, and 100,000 LGNS are undelivered. The supply of s LGNS will be increased by 1000, or 1%, to reach the same number of LGNS and s LGNS. Therefore, the rebase return of s LGNS on that day is 1%. c ORIGIN DAO rebases every 8 hours; that is, staking income is distributed every 8 hours. The protocol will fairly distribute the proceeds to all stakers through s LGNS, with everyone receiving the same percentage of profits. The protocol automatically compounds interest and does not require stakers to harvest; they only need to keep staking.