將 Staked Cap USD STCUSD 轉換為 Super OETH SUPEROETHB

Cap is a stablecoin protocol that provides credible financial guarantees via two products: the dollar-denominated cUSD and the yield-bearing stcUSD. cUSD is a digital dollar issued on the Ethereum blockchain that can be used on any network. cUSD's reserve is backed by blue chip stablecoins such as USDC, USDT, pyUSD, BUIDL, and BENJI, i.e. issued by regulated institutions with transparent attestations. It is 1:1 redeemable for any of the available reserve assets. stcUSD is a savings product issued by staking cUSD. Any cUSD holder has open access to stcUSD. Yield is generated via an autonomous layer of operators, who self-select in and out based on the current hurdle rate of the protocol. The risk of yield generation is covered, meaning users have full downside protection that is verifiable by code.

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.