OberonSky (3,3) Profile picture
Jan 29, 2022 19 tweets 4 min read
1/
I am fed up with all the mid-curve brainless CT posters and reply-guys who keep calling @OlympusDAO and $OHM a ponzi without even understanding the mechanics...

(long thread) 2/
Understand this, OHM aims to be a reserve currency with wide adoption so it needs a large number of ohms in circulation and cannot have a fixed supply like BTC. The supply is created via bonding which adds assets to the treasury to establish actual backing.