Want to take a stake in the future success of #NFTs? At a discount?
We've partnered with @OlympusDAO to launch the BlackPool Bond on Olympus Pro πππ
We've partnered with @OlympusDAO to launch the BlackPool Bond on Olympus Pro πππ
1/ The bonds allow BlackPool to accumulate liquidity for the long haul, enabling users to get exposure to Blue-Chip NFTs at a discount!
TL;DR: Exposure to Blue-Chip NFTs, protocol growth, new communities. ππ¦
Probably nothingβ¦
TL;DR: Exposure to Blue-Chip NFTs, protocol growth, new communities. ππ¦
Probably nothingβ¦
2/ What are Olympus Bonds?
The Olympus Bond mechanism has been extremely successful in creating protocol-owned liquidity (POL) with @OlympusDAO achieving over $900m in POL!
What does this mean? β¬οΈ
The Olympus Bond mechanism has been extremely successful in creating protocol-owned liquidity (POL) with @OlympusDAO achieving over $900m in POL!
What does this mean? β¬οΈ
3/ This means BlackPool is no longer reliant on providing incentives in exchange for liquidity on DEXes, will earn fees on swaps, and BPT benefits from reduced slippage and volatility!
You can learn more about Olympus through this video by @finematics:
You can learn more about Olympus through this video by @finematics:
4/ Why?
Olympus has packaged their solution for other protocols through Olympus Pro and partnered with major DeFi protocols.
This means that we can focus on using our quantitative expertise to democratise access to yield generating NFTs whilst enabling BPT liquidity on the market
Olympus has packaged their solution for other protocols through Olympus Pro and partnered with major DeFi protocols.
This means that we can focus on using our quantitative expertise to democratise access to yield generating NFTs whilst enabling BPT liquidity on the market
5/ What does it mean for BlackPool?
> Increase AUM for BlackPool (π₯)
> Partner with the king of DeFi 2.0 (π₯)
> Exposure to the OHMies (π₯)
> Reduced slippage, volatility, and increased depth on BPT-ETH Pair (π₯π₯)
> Increase AUM for BlackPool (π₯)
> Partner with the king of DeFi 2.0 (π₯)
> Exposure to the OHMies (π₯)
> Reduced slippage, volatility, and increased depth on BPT-ETH Pair (π₯π₯)
6/ BONUS:
> Passive returns on DAO treasury through fees and Onsen rewards (π₯π₯π₯π₯)
> As a BPT holder this provides a proven and robust solution allowing you to compound your BPT position at a discount!
> Passive returns on DAO treasury through fees and Onsen rewards (π₯π₯π₯π₯)
> As a BPT holder this provides a proven and robust solution allowing you to compound your BPT position at a discount!
7/ But ser, wen?
The BPT bonds will go live today. Weβll also be doing an AMA on the Olympus Discord with @Hazelstar_ @adotjdott and @HatashiYamatomo !
Keep an eye out for more details on @blackPoolHQ!
Read all about it here: olympusdao.medium.com/olympus-pro-inβ¦
The BPT bonds will go live today. Weβll also be doing an AMA on the Olympus Discord with @Hazelstar_ @adotjdott and @HatashiYamatomo !
Keep an eye out for more details on @blackPoolHQ!
Read all about it here: olympusdao.medium.com/olympus-pro-inβ¦
8/ But ser, how bond? π
There are two pathways to bond, directly with ETH or through BPT-ETH LP tokens.
Path 1
2. Head to:
pro.olympusdao.finance/#/bond/bpt
3. Pass in the number of LP tokens you want to stake
4. Approve β Bond.
VoilΓ !
There are two pathways to bond, directly with ETH or through BPT-ETH LP tokens.
Path 1
2. Head to:
pro.olympusdao.finance/#/bond/bpt
3. Pass in the number of LP tokens you want to stake
4. Approve β Bond.
VoilΓ !
9/ But ser how bond? (cont)
Path 2
1. Provide BPT + ETH liquidity here in exchange for LP tokens:
app.sushi.com/add/
2. Head to:
pro.olympusdao.finance/#/bond/bpt_ethβ¦
3. Pass in the number of LP tokens you want to stake
4. Approve β Bond.
VoilΓ !
Path 2
1. Provide BPT + ETH liquidity here in exchange for LP tokens:
app.sushi.com/add/
2. Head to:
pro.olympusdao.finance/#/bond/bpt_ethβ¦
3. Pass in the number of LP tokens you want to stake
4. Approve β Bond.
VoilΓ !
10/
Join our telegram and discord to discover more with the BlackPool apes
t.me/BlackpoolHQ
discord.gg/blackpoolhq
Join our telegram and discord to discover more with the BlackPool apes
t.me/BlackpoolHQ
discord.gg/blackpoolhq
β’ β’ β’
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