Levva Launches Origin Vault: Supercharged ETH Yields Through Strategic OETH Exposure

August 8, 2025 – Levva is launching the Origin Vault, targeting steady 3-4% ETH yields after bootstrapping through strategic OETH exposure and multi-protocol farming. In partnership with Origin Protocol, we're not just offering another LST vault—we're bootstrapping a diversified yield ecosystem while Origin subsidizes early adopters with bonus rewards equivalent to ~8% additional APR on the first $50K deposited. This subsidy comes on TOP of 10-12% $LVVA bootstrap campaign, so hurry up! 

What Makes This Different: Multi-Strategy ETH Yield

Most ETH yield products offer simple liquid staking around 2-3% APY or risky leveraged strategies. Levva's Origin Vault takes a balanced approach, allocating your ETH equally across three complementary strategies.

We split deposits into three equal parts. The first third goes directly into OETH, which has been delivering around 2.2-2.5% APY through Origin's sophisticated yield mechanisms. The second third provides liquidity in Pendle's OETH pool, currently earning 3.31% through trading fees and PENDLE rewards. The final third uses our lending markets to borrow and farm Pendle's Principal Token pools at approximately 3% APY.

This diversified approach averages to a target 3-4% total APY while reducing single-protocol risk compared to putting everything into one strategy.

Why OETH? The Most Sophisticated ETH LST

Origin Protocol didn't just build another liquid staking token—they created a yield aggregation system that has consistently delivered high APYs even in challenging market conditions.

OETH generates yield through protocol-owned liquidity that farms CRV tokens while maintaining OETH's perfect ETH peg. They also run decentralized validators via SSV Network that earn both staking rewards and SSV incentives. Perhaps most cleverly, when smart contracts and DEX liquidity providers hold OETH, they forfeit their rebasing rewards, which get redistributed to regular users.

You can track all of this in real-time on Origin's transparency dashboards at analytics.originprotocol.com and their DVT performance metrics.

Levva’s Reward Incentive: 10-12% Bonus APR

Follow our campaign details and earn 12% (top 100) and 10% APR on your time-weighted-average Vault holdings over the duration of our campaign.

Origin's Bootstrap Incentive: 8% Bonus APR

Origin Protocol is subsidizing early vault participants with $1,000 in additional OGN rewards over the 90-day bootstrap period:

• Bonus APR: ~8% additional yield on deposits (calculated as $1,000 ÷ $50,000 × 365 ÷ 90 days)
• Eligibility: First $50K total deposited across all participants
• Duration: 90 days from launch or until the cap is reached
• Distribution: Pro-rated based on your share of qualifying deposits

Fair Access: Preventing Whale Domination

We can’t battle people who want to game the system, yet to ensure broader participation, we have the following limitations in place:

• Per-wallet cap: $5,000 maximum per address for subsidized rewards
• Liquidity commitments: 7-day withdrawal queues. (Our standard)
• Time-weighted average deposit calculations for reward distribution. 

Why Choose Levva's Origin Vault?

Rather than manually managing positions across multiple protocols, our vault handles everything automatically. We optimize allocations across the three strategies based on changing market conditions and rebalance when needed to maintain target yields.

You get enhanced returns through strategic diversification—our target 3-4% total APY comes from spreading risk across OETH, Pendle liquidity provision, and leveraged PT farming rather than putting everything in one basket. This modest but steady return profile avoids the volatility of more aggressive strategies while still outperforming basic staking.

Most importantly, you get transparency. Our real-time analytics show exactly how much yield is coming from each strategy, so you can see your returns and understand where they're generated.

Technical Architecture

The vault utilizes battle-tested ERC-4626 standards with sophisticated rebalancing logic:

• Automated optimization between direct OETH minting and DEX purchases based on market conditions
• Dynamic rebalancing across the three-strategy allocation based on relative yield performance
• Gas-efficient operations through batched transactions and MEV protection
• Composable design allowing vault tokens to be used as collateral in other Levva strategies

Launch Details

The Origin Vault goes live this Monday on the Ethereum mainnet. You'll receive lvETHo tokens (ERC-4626 compliant) representing your vault position. There's no minimum deposit, though we recommend at least 0.1 ETH for gas efficiency during the bonus period.

To participate, simply connect your wallet to Levva's dApp when the Vault launches Monday, deposit ETH to mint lvETHo vault tokens, and start earning automated yield from all three strategies. You can redeem anytime for ETH, though you'll need to maintain steady deposits, as we will use time-weighted average deposit values to distribute APRs.

About the Partnership: This collaboration demonstrates Levva's commitment to identifying and integrating the most innovative yield strategies in DeFi. Origin Protocol's proven track record, transparent operations, and aligned incentives make them an ideal partner for our institutional-grade vault ecosystem.

Levva: Professional DeFi Yield Management. Building tomorrow's financial infrastructure, today.