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One of the reasons why blockchain technology and the web3 movement in general haven’t gained proper traction is because the majority of people don’t understand the technology behind them. From the ever-increasing novelty of the technical terms to the complex nature of crypto products, most investors shy away from crypto because of its fast-paced, highly technical and relatively volatile nature.
However, Origin Protocol is on a mission to onboard over 100 million users into the crypto space by simplifying entry into the two most explored niches — NFTs (non-fungible tokens) and DeFi (decentralized finance).
Let’s take a deeper look at how Origin is driving mass adoption through an innovative, user-first approach to all its crypto products.
Key Takeaways:
Origin Protocol is designed to simplify DeFi through innovative yield-bearing products that automatically earn yields in your crypto wallet without the hassle of staking or lengthy lock-up periods.
OTokens power Origin’s DeFi ecosystem, in which users can swap their stablecoins or ETH and liquid staking assets to act as collateral in various crypto lending platforms to generate yields.
Origin’s decentralized NFT platform, Origin Story, allows users to redeem their NFTs for physical products and create online stores to sell their NFTs.