Q. How is $OHM not a ponzi?
A. $OHM is completely transparent and generates revenues beyond bond sales.
~$30k/day ($11 mm annualized) from trading fees and it could generate another $3 mm / yr on its stablecoin balance, assuming 11% yields.
👇
$14 mm / year WITHOUT bond sales
A. $OHM is completely transparent and generates revenues beyond bond sales.
~$30k/day ($11 mm annualized) from trading fees and it could generate another $3 mm / yr on its stablecoin balance, assuming 11% yields.
👇
$14 mm / year WITHOUT bond sales
There are roughly 1 million $OHM in circulation so $14/OHM is the non bond revenue/OHM/yr
Non bond revenue per $OHM / price per $OHM = 14/415 = 3.4%
Without ANY external capital inflows, $OHM holders can realize a 3.4% dividend yield right now.
Ponzi schemes cannot do this.
Non bond revenue per $OHM / price per $OHM = 14/415 = 3.4%
Without ANY external capital inflows, $OHM holders can realize a 3.4% dividend yield right now.
Ponzi schemes cannot do this.
Q. But these trading and yield farming revenues are less than 10% of total rev, what about that?
A. $OHM is less than 4 months old and it’s in an expansionary phase. It’s treasure balance is barely $30 mm with liquidity barely $65 mm.
Over time non bond revenue % should ⬆️
A. $OHM is less than 4 months old and it’s in an expansionary phase. It’s treasure balance is barely $30 mm with liquidity barely $65 mm.
Over time non bond revenue % should ⬆️
Q. How will $OHM increase its utility and diversify revenues?
A. There are “several” initiatives and partnerships in various stages.
I’m going to cover one of those initiatives called #odyssey which is a 3D museum and auction house for NFTs.
A. There are “several” initiatives and partnerships in various stages.
I’m going to cover one of those initiatives called #odyssey which is a 3D museum and auction house for NFTs.
Q. How will #odyssey increase $OHM’s non bond revenue?
A. Olympus treasury will earn 33.33% royalties from Ohmie auction house sales. 33.33% will go to #odyssey treasury and 33.33% to the artist.
Check out #odyssey FAQs for more and follow @DaoOdyssey
highfalutin-eucalyptus-4d4.notion.site/Odyssey-FAQ-1-…
A. Olympus treasury will earn 33.33% royalties from Ohmie auction house sales. 33.33% will go to #odyssey treasury and 33.33% to the artist.
Check out #odyssey FAQs for more and follow @DaoOdyssey
highfalutin-eucalyptus-4d4.notion.site/Odyssey-FAQ-1-…
Q. Is there an ELI5 on #odyssey and this whole intersection between $OHM and NFTs?
There’s this 5 min video. Other than that follow @Memetics33.
So far two Olympus NFTs already sold for $35k+.
@DimitriDaniloff is working on a few genesis NFTs.
There’s this 5 min video. Other than that follow @Memetics33.
So far two Olympus NFTs already sold for $35k+.
@DimitriDaniloff is working on a few genesis NFTs.
Q. What can I expect from the first Odyssey NFTs?
Dimitri is turning 2,000+ year old greek artifacts into 3D Programmatic art. He is working with a Greek archeologist to make this happen.
Check out his Instagram page to get a sense of what’s coming. instagram.com/dimitridanilof…
Dimitri is turning 2,000+ year old greek artifacts into 3D Programmatic art. He is working with a Greek archeologist to make this happen.
Check out his Instagram page to get a sense of what’s coming. instagram.com/dimitridanilof…
Q. Ok so $OHM non bond revenue = trading fees, yield farming and NFT auctions?
A. Not quite. There are many more projects Ohmies are working on.
I can’t share details of everything but if you’d like to find out, join our DAO server and contribute.
discord.gg/olympuswork
A. Not quite. There are many more projects Ohmies are working on.
I can’t share details of everything but if you’d like to find out, join our DAO server and contribute.
discord.gg/olympuswork
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