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:
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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.
4. Taking @Uniswap as an example, offering bonds for ETH-UNI, but also things like ETH-BTC, ETH-DAI, DAI-USDC, etc. would bring the following benefits:
5. First, it would serve to diversify the uniswap treasury. Right now the treasury is worth ~$10B, but all of that is in $UNI tokens. Diversifying the treasury makes it so the project will be more resilient to bear markets.
6. Second, it would protect against vampire attacks.
7. Third, it would generate revenue for the treasury through the LP fees.
8. imo, every DEX should be rushing to use Olympus Pro and offering bonds for many different pairs to claim as much of their own liquidity as they can. Especially for the most commonly traded pairs.
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