OlympusDAO Created a Breakthrough DeFi Model – Now It’s Down 93% and Called a ‘Ponzi’
Olympus DAO is under fire after price drop and liquidations.
Olympus DAO is under fire after price drop and liquidations.
Olympus V2 Bonds are here with major upgrades from previous version including auto-staking and flexible vesting.
In 2021 no DeFi protocol has quite caught the eye like OlympusDAO. Inspiring a devoted following of Ohmies you’ll have seen the (3,3) meme everywhere. Then there were the forks, sooooo soooo many forks. Single-handedly responsible for DeFi2.0 and its promise of Protocol Owned Liquidity it seemed the project’s gamified model of a reserve currency …
Olympus DAO ($OHM) What Is It and Where Is It Going Next? (with JaLa) Read More »
Olympus is a decentralized reserve currency protocol based on the OHM token. Each OHM token is backed by a basket of assets (e.g. DAI, FRAX) in the Olympus treasury, giving it an intrinsic value that it cannot fall below.