1. Really excited to see @Tetranode partnering with @OlympusDAO to help wisely deploy the $OHM treasury to generate yield.

Lot of great possible strategies, such as just lending the treasury assets in places like @AaveAave @compoundfinance @AlphaFinanceLab @RariCapital
2. Some low hanging fruit imo:

Shifting some of the stable coin bonds into stable-stable bonds from @CurveFinance / @ConvexFinance.
3. Example: Olympus could take half of the $DAI target and half of the $FRAX target and offer a bond for DAI-FRAX from @CurveFinance that could be staked on @ConvexFinance.
4. In this case, half of the $DAI coming in would still be pure, but the other half would be in a yield generating LP position and would also start bringing both $CRV and $CVX into the Olympus treasury.
5. One small hurdle: @CurveFinance currently doesn't have DAI-FRAX, but instead has DAI-3CRV and FRAX-3CRV.

3CRV contains DAI+USDC+USDT and most OHMies are opposed to pulling centralized stable coins into the treasury.
6. So to make this work, we'd need to convince @CurveFinance to change how that works.

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More from @RhettShipp

11 Nov
1/ Apologies for the excessively long thread but here are some high level thoughts about "kinds of money" and how it applies to $ETH $BTC and $OHM
2/ At a high level, I think historical currencies can be looked at as:

1- Commodity currencies
2- Reserve backed currencies
3 - Non-reserve currencies
3/ Commodity currencies: Gold, for example. It was useful for things other than money, but it had some nice properties (durable, divisible, transportable) that caused people to start using it as a money in addition to its other uses.
Read 22 tweets
10 Nov
1/ Unpopular Opinion: Real Estate will be one of the worst performing asset classes over the next 30 years (in the US).

Reasons:
2/ First, demographics. This is by far the largest issue. The US has had a low and falling birth rate for a long time and the baby boomers, a massive generation, will start dying over the next 10-30 years.
3/ The US could combat this piece by increasing the number of immigrants we're bringing in, but we're going the wrong direction on that.
Read 8 tweets
10 Nov
This will be really positive for both projects imo. Which strategic assets are next?

A few ideas:
$TOKE @TokenReactor for the power to direct more liquidity?
$ALPHA @AlphaFinanceLab to deploy assets into higher leverage LP positions?

Some of these are very safe, like the stable-stable farms.

Others are more safe than they seem at a glance due to high correlation of many crypto assets.
Read 4 tweets
10 Nov
1. Some thoughts on why I think Olympus Pro by @OlympusDAO is even more valuable for DEXs like @Uniswap @SushiSwap @BalancerLabs @KyberNetwork @Bancor than for the rest of DeFi applications:
👇
2. In the case of @AlchemixFi the use of Olympus Pro will allow them to avoid losing liquidity when Pool2 rewards dry up and also enable them to redirect those rewards to incentivize use of their self-repaying loans, which I think is a more valuable use of the ALCX rewards.
3. But with DEXs, they could benefit not only from owning liquidity for their own token, but by owning liquidity in other important pairs on their DEX. This would come with several benefits.
Read 8 tweets

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