Convert Super OETH SUPEROETHB to Wrapped SEI (Universal) USEI

Origin’s expansion to Base introduces a new class of supercharged LSTs to accrue value to OGN. Super OETH will be the first token of its kind to offer a high yield on ETH with minimal risk. Instead of simply bridging Origin Ether to Base, we’ve designed a new supercharged LST that uses OETH as a building block for higher yields. Super OETH uses L2 incentives to enhance LST yield, earning far higher APYs than traditional LSTs. Our new product is the first supercharged LST, slated to launch on Base with additional L2s in the pipeline for this year.

uSEI is a tokenized implementation of SEI designed to enable exposure to SEI across multiple blockchains including Base, Polygon, and Arbitrum. uSEI is backed 1:1 with SEI reserves and issued as an ERC20 onchain. SEI collateral is held with Coinbase Custody and can be redeemed for the underlying SEI by burning the ERC20 token and claiming the underlying SEI collateral. uSEI is designed to bring SEI to DeFi applications, enabling swaps, lending/borrowing, and more.