Origami iBGT Auto-CompounderPrice

(ORIBGT)

$oriBGT is a liquid, auto-compounding wrapper specifically designed for iBGT, which is the liquid version of Berachain’s governance token. While standard liquid versions of governance tokens require manual reward harvesting, $oriBGT automates this process. It functions as a yield-bearing asset that harvests rewards and reinvests them back into the vault, allowing the token's value to grow relative to its underlying asset over time. It is not a stablecoin but a specialized yield-optimization tool.

The vault operates as a "set and forget" solution. It automatically harvests and reinvests yields—including ecosystem bribes and block rewards—approximately every 10 minutes. These rewards are efficiently converted into more underlying liquid BGT using advanced swap optimizers. This high-frequency compounding allows users to maximize their yield potential without the need for manual claims or incurring the individual gas costs associated with frequent manual reinvesting.

BGT is Berachain’s native governance token, which is soulbound and cannot be transferred. iBGT is a liquid representation of BGT provided by ecosystem partners, which makes the position transferable but requires manual reward management. $oriBGT is the automated version of iBGT; it captures the rewards generated by iBGT and automatically compounds them back into the vault, increasing the amount of underlying reserves represented by each $oriBGT token.

Users can obtain $oriBGT by depositing their liquid BGT tokens directly into the Origami Finance platform. Additionally, the token is available for acquisition through supported decentralized trading platforms or reputable centralized exchanges like LBank. This provides users with multiple entry points to access the auto-compounding benefits of the vault.

The standard $oriBGT auto-compounder does not utilize leverage, so it does not carry liquidation risk. However, users remain exposed to the value fluctuations of the underlying assets. To ensure security, the protocol's code is open-source and has undergone rigorous audits by prominent security firms such as Statemind and OtterSec. These measures are in place to verify the integrity of the smart contracts and the safety of the automated vault infrastructure.

Ori Points are a core part of a loyalty program designed to reward active participants in the ecosystem. By depositing into the $oriBGT vault, users accumulate these points, often benefiting from significant multipliers during specific promotional seasons. These points are generally used to determine eligibility for future native token distributions, offering an additional layer of incentives on top of the automated yield generated by the vault.