Origin Ether wallet

What is Origin Ether (OETH)?

Think of OETH as a receipt for staked ether that behaves like ETH in the wallet. Origin Protocol issues it as an ERC-20 backed by ETH reserves, and the protocol handles the staking. Some liquid staking tokens have a price that drifts upward against ether. OETH works differently: it aims to stay at one ETH per token and passes on what staking produces by rebasing, so the number of OETH in an address grows while the peg stays where it is.

That design has a few practical consequences. OETH is not ETH, even though the two trade close together. A counterparty or app that expects plain ether needs ether, not this token, and the same goes for other liquid staking tokens with similar-looking names. Contracts do not receive the rebase unless they opt in, which is why wrapped OETH (wOETH) exists. Its unit count is fixed and its value per unit rises instead, which suits lending markets and bridges. If you hold OETH directly, you want the rebasing version in a regular address. Transfers are paid in ETH.

This is where a hardware card is simple: on Tangem the OETH address is an ordinary account, the rebase shows up on its own, and the app reports whatever the contract holds without any action from you. Leaving the card alone is the whole routine, and a self-adjusting balance needs nothing more.

Origin's ether products on other chains have their own names and contracts. Networks available for OETH in Tangem (1): Ethereum.