Origin Dollar Governance(OGV) OGV airdrop

The team is ramping up efforts to launch Origin Dollar Governance (OGV) as the future governance and value accrual token for Origin Dollar (OUSD). Having OGN represent both DeFi (OUSD) and NFT (Story) products has been confusing for community and limited OGN from reaching its full potential. The team believes having separate tokens with clear utilities and value accrual mechanisms for each of their products will deliver a better outcome for the current and future token holders. They want to share some exciting updates on the progress and their latest thinking around launch timing and incentives for OGN holders, OUSD holders, and OUSD liquidity providers.

• July 5-12 — OGN snapshot window
• July 12 — OGV airdrop
• October 10 — 90-day deadline to claim airdrop

The 50M in OGV rewards will be claimable by OUSD liquidity providers as calculated block by block from today until the snapshot.

The claim process:

The snapshot will be taken at a randomly chosen time during the snapshot window of July 5–12. Make sure to continue holding your OGN for the full 7 days of the snapshot window to guarantee eligibility to claim OGV. If you are holding OGN on a centralized exchange, there is no need to move your tokens at this time.

• The team will publish a final list of the exchanges that are supporting the airdrop one week before the snapshot window begins. This will give users plenty of time to withdraw their OGN from any exchanges that choose not to support the airdrop.
• For those managing the custody of their own coins, we will be publishing a link closer to the launch for users to claim their OGV. Users with staked OGN will also be able to claim OGV.

Eligible token holders will have 90 days to claim their OGV. After that deadline, any unclaimed OGV will be burned to reduce the initial circulating supply.

More Info: Click here

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