Discover and read the best of Twitter Threads about #olympusdao

Most recents (4)

There's a lot of hype today around #DeFi 2.0

Can't expect degens to ignore 500,000+% #APY..

If you're considering investing in protocols like $OHM, $TIME, $KLIMA, $SPA, $HEC then read on for some #hopium, warnings and a #spreadsheet to help you make the most of it.. 🪡 👇
2/ These DeFi 2.0 protocols offer enormous APY (Sometimes in the millions of %). Here are the current APYs of some projects:

- $OHM - 6,982.4% ($ETH)
- $TIME - 78,325.2% ($AVAX)
- $KLIMA - 59,722% ($MATIC)
- $SPA - 239,674.5% ($FTM)
- $HEC - 320,713.2% ($FTM)

Sound juicy? 🧃 🤑
3/ Here's a great video by @WhiteboardCryp1:


And another by @finematics:


I won't get into the mechanics of these protocols here, but I want to share a spreadsheet I created to help you understand the upside / downside.
Read 14 tweets
1) CoinMarketCap is claiming crypto went down because of a new variant of covid was found in Africa… the place where none of us can verify the story. You can read the news or you can “see” the news. These are very different things. Image
2) But if you look what’s happening the tectonic plates are simply shifting. In Defi, #OlympusDAO looks like it’s actually working despite being tested by fraudsters like #SnowbankDAO and #snowdogdao. We already see why the fiat market required so much fraud to exist. Image
3) Finance. Military. Science. Even Healthcare are built on fraud. But this doesn’t mean it’s broken or even evil. It means we were expecting things to be routed in truth rather than belief. Belief is a beautiful technology. It only gets twisted when we rely on it being truth.
Read 4 tweets
在经过了两天的自主学习以后,高位接盘了一些 $OHM 。开始学习前是$1000的价格,学完后是$1200的价格。本条推特长更一下我的学习心得以及对 #olympusdao 的个人见解。不构成任何接盘建议。
我买入 $OHM 的初心就是想弥补一下国庆假期因为放浪形骸而错过的几个好项目。就当作社会实践来参与了,这笔钱赚了最好,亏了我也无所谓。
我翻了微博和推特,发现KOL对这个项目的介绍还是少。提起的也才三言两语,大部分是买了币然后自我鼓吹下。初看这个项目的确实本着一种这项目是不是很难的心态去看,链闻读了两篇文章也读不懂。于是直接在 $1100 的价位买了三个币去研究,看下来发现也还可以。没有我想象中那么夸张的难度。
Read 6 tweets
1) Today I want to talk to you all about one of the projects I'm the most excited for: @templedao

What is TempleDAO? Think of TempleDAO as an automated hedge-fund with different investment strategies to fine-tune your risk exposure and shelter your bags from volatility Image
2) The developers of TempleDAO describe the protocol as "a safe place for DeFi believers to rest, recuperate, and prepare for their next risk-on trade."

Originally ideated as an #OlympusDAO fork, TempleDAO follows the (3,3) set and forget staking principles of OHM.
3) Stakers deposit $TEMPLE tokens in order to receive compounding TEMPLE rewards from the protocol. Like OHM, TEMPLE can be either purchased from the open market or directly from the protocol at a discount. From there protocol rewards are fairly distributed to TEMPLE holders
Read 19 tweets

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