I assembeled half coin cells with graphite anode and lithium chip. The OCV of coin cell as assembeled was around 2 - 2.5 V (data based on more than 10 cells) and after fortmation cycles (3 cycles at C/10 with 0.10 to 2 V) reduced to 1-1.1 V. Why OCV changed so much? Is it because of SEI formation? This is two electrode system so I belive the OCV is the potential diference between the cathode and anode and Lithium has a standard potential -3.04 V vs SHE.