In honor of 6000 discord ohmies and 3300 ohm-chain holders, let’s recap the metrics recently covered in our month in review medium post.
If you don’t like scrolling through a whole article and prefer distilled info in nice, easy threads: this ones for you
tl;dr Up Only, NFA
We are incredibly grateful for our ohmies, who consistently make ours one of, no THE, best community in the industry.
We are 6000 strong today, and we cannot wait to welcome the next 6000 tomorrow.
As said above, holders has recently breached 3300. This was less than 800 at launch, and has seen steady growth all month.
This growth curve is mirrored by our discord, where membership has exceeded 6000!
(If you're not in the Olympus discord by now, you must hate fun and you're probably ngmi) discord.gg/olympusdao
Probably our most important growth metric, the risk-free value of the treasury has gone from ~$70k at launch to over $2.8m today. This is the minimum value of our assets; no matter where price goes, this goes flat or up.
The market value of those assets, which is affected by OHM price, currently stands at over $25m.
3, 3 has proved to be the dominant strategy, with 90% of supply consistently staked.
Value for stakers has increased over time, despite price remaining in a similar range (price today is lower than it was at the first peak in late March).
Things don’t look like they will let up for those stakers any time soon; OHM waiting to be distributed to stakers is now 20x more than OHM staked, securing >50,000% APY for the next six months at least.
@sh4dowlegend wrote a great thread about this today that you can find here:
The protocol continues to accumulate more and more liquidity, with almost 83% of the pool now treasury-owned.
The pool has been growing right along with it, rising from $3m at launch to $28m today.
This is interesting when looking at the ratio of liquidity to market cap (so consistent!)
And especially interesting compared to treasury value versus market cap.
That's about it. We know the concept here is a bit out there, and sometimes its best to just let the data speak for itself.
Everything shown is on-chain and publicly available, and most of it can be found on our dashboard here: duneanalytics.com/shadow/Olympus…
If you want to check out the original post and see how much has changed (hint: a lot) you can find it here: olympusdao.medium.com/first-month-in…
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.