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Details: ht
OGN DAO will buy back over 3 million dollars worth of OGN Tokens.
Foresight News reports that OGN DAO has announced that a new governance proposal has been unanimously approved to use over 3 million USD of DAO assets to repurchase OGN. This is in conjunction with the previously approved plan to use 100% of protocol revenue for OGN repurchase. These assets will first be converted into Origin assets, such as OUSD or OETH, which offer both stability and profitability. All purchased OGN will be distributed to stakers.