THORSwap has partnered with Olympus Dao as a part of the Olympus Pro Cohort #4.
Chads, show your support, and letβs see (π±,π±) everywhere! From Asgard to Midgard (π±,π±)!
Why Olympus Pro listing is a game-changer? π§΅π
Chads, show your support, and letβs see (π±,π±) everywhere! From Asgard to Midgard (π±,π±)!
Why Olympus Pro listing is a game-changer? π§΅π
1. @OlympusDAO is on a mission to help DAOs take ownership of their own liquidity with Olympus Pro
Instead of incentivising farming and dumping, protocols use Olympus Proβs bonding service emissions to purchase liquidity from users, and users acquire discounted $THOR.
Instead of incentivising farming and dumping, protocols use Olympus Proβs bonding service emissions to purchase liquidity from users, and users acquire discounted $THOR.
2. Check out the blog post to understand why this is the key to longevity, why it is so important in DeFi and how a user like yourself can acquire $THOR at a discount whilst contributing to THORSwap's long-term success:
thorswap.medium.com/olympus-dao-x-β¦
thorswap.medium.com/olympus-dao-x-β¦
3. TLDR:
Why is this important?
This is a win-win scenario for chads like yourselves and for the longevity of the protocol. You will have the opportunity to acquire $THOR at a discount with "bonds", all whilst THORSwap converts farming emissions into protocol owned liquidity.
Why is this important?
This is a win-win scenario for chads like yourselves and for the longevity of the protocol. You will have the opportunity to acquire $THOR at a discount with "bonds", all whilst THORSwap converts farming emissions into protocol owned liquidity.
4. How does it work?
Using bonds (π±,π±) β βBonding is a mechanism in which a user can sell assets to a protocol in exchange for its native tokenβ OHMie
We are accepting 3 bonds for Olympus Pro:
- THOR-ETH SLP
- ETH.RUNE (Single Asset)
- RUNE-ETH SLP
Using bonds (π±,π±) β βBonding is a mechanism in which a user can sell assets to a protocol in exchange for its native tokenβ OHMie
We are accepting 3 bonds for Olympus Pro:
- THOR-ETH SLP
- ETH.RUNE (Single Asset)
- RUNE-ETH SLP
5. A user provides THOR-ETH SLP, ETH.RUNE (ERC20) and RUNE-ETH SLP to acquire discounted THOR which will be vested linearly over 5 days.
This incentivises users to sell liquidity positions to THORSwap, rather than to the open market as bonds are offered at a discounted rate
This incentivises users to sell liquidity positions to THORSwap, rather than to the open market as bonds are offered at a discounted rate
6. This is monumental.
There are many HUGE positive benefits which are listed in the blog. This aligns long-term holders with the protocol and is a win-win for all
We have big plans for this that exceed just owning liquidity, which we shall announce soon
To Valhalla (π±, π±)!
There are many HUGE positive benefits which are listed in the blog. This aligns long-term holders with the protocol and is a win-win for all
We have big plans for this that exceed just owning liquidity, which we shall announce soon
To Valhalla (π±, π±)!
β’ β’ β’
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