Origi bagged a number of crucial goals for the Reds last season however his future was in doubt.
The Belgian netted a late winner against Everton in the Premier League before a Champions League double against Barcelona.
And he ended the season in fine form with a goal in the Champions League final as the Reds beat Tottenham to earn their sixth European Cup.
Origi is not Jurgen Klopp’s first-choice striker though with Roberto Firmino, Mohamed Salah and Sadio Mane all ahead of him.
But after his crucial goals last season, Liverpool fans want the Belgian to be commemorated at Anfield.
One posted on Twitter: “When’s the statue getting put up”
Another added: “A statue built outside Anfield better have been in that contract.”
A third commented: “Hope there’s a statue clause??”
While a fellow Red said: “When’s the statue being built”
And one other wrote: “Brilliant news! Any word on the statue?”
Origi himself has insisted he always wanted to stay at Liverpool.
“I’m very happy to be able to sign this contract and it gives you a boost at the beginning of the season, as well as the end of the season last year. So I’m very happy,” he told Liverpool’s official website.
“I always felt comfortable here. I made steps during my career, I say that I became a man here at this club, I signed when I was 19.
“When we had to make the decision I just wanted to speak with the club first and my entourage, but the feeling was always that I wanted to stay and extend my contract.
“It’s an amazing club, we have a good group, the staff are amazing.
“Even coming into Melwood, the people that work here and everything, you feel there is something special going on here.
“We’re still young so there’s a lot of potential in the group. I’m just having fun in training and on the pitch.
“Those are all important factors as a player.”