BlockBeats News, October 17th, on-chain data shows that the decentralized DeFi 3.0 protocol ORIGIN’s token LGNS, backed by the Anubi Foundation, has reached a market capitalization of $22.1 billion. The Polygon chain’s TVL has exceeded $1.92 billion, with the number of holding addresses surpassing 1.5 million.
According to the official introduction, LGNS is the core asset of the ORIGIN protocol, which is based on an algorithmic stablecoin. The protocol aims to build a DeFi 3.0 financial ecosystem through six key modules, including: LGNS (algorithmic stablecoin), A (stable settlement unit), A Pay (privacy payment system), DAO governance, RWA (Real World Asset) mapping, and a privacy-centric public chain.
