Yield farming app accumulates $12M TVL 2 weeks after launch

TVL is a metric that measures the dollar worth of assets inside an apps wise contracts.Origin Ether total value locked, May 9-30. This is a gain of roughly $12.6 million over 14 days.According to the apps official documents, Origin Ether generates yield from Ether (ETH) by depositing it into several liquid staking and decentralized finance (DeFi) protocols. Before being deposited to Curve and Convex, some of the ETH is converted into liquid staking derivatives, including Lido Staked Ether (stETH), Rocket Pool Ether (rETH) and Frax Staked Ether (sfrxETH).

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