OlympusDAO |Smart, Money| Profile picture
$OHM Building the value layer of global finance: A programmatic treasury-backed framework for monetary policy, credit, and liquidity. https://t.co/UlG1cjyxBt
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Jun 30, 2023 4 tweets 2 min read
A New Way to Utilize $LUSD

Ω/👇 1/Ω

Enjoy near-zero impermanent loss, when depositing $LUSD into a Boosted Liquidity Vault (BLV).

🏦The vaults:

Refresher on how Boosted Liquidity Vaults (BLV) unlock liquidity and maximize LP incentives captured 👇
https://t.co/1TBBReSj4vapp.olympusdao.finance/#/liquidity/va…
Mar 31, 2023 8 tweets 3 min read
We’re reducing the gOHM staking rate to 2.33% 1/Ω Olympus (OHM) gained popularity for its high rebase-rate in order to rapidly expand supply and bootstrap liquidity.

Now Olympus is closer to its originally intended final form: a scalable and predictable free-floating currency.
Jan 9, 2023 5 tweets 2 min read
Uniswap, welcome OHM Bonds. Three weeks ago, we successfully launched a 3M OHM bond program.

These OHM-Nominated bonds carry an important feature: they’re tokenized! This means you’re able to send, trade or LP them.

OHM Bond-holders have provided liquidity on Uniswap so that everyone can trade them!
Dec 20, 2022 8 tweets 2 min read
RBS is working as expected 🎉 – Here’s what’s next 👇

Hint: It's OHM Bonds. Image The bear-market is roaring.

Fear and uncertainty rule the sentiment.

But Olympus has never been more predictable.

All thanks to our Range-Bound Stability mechanism.
Dec 9, 2022 10 tweets 3 min read
⚠️ Important Update ⚠️ Image Three weeks ago we launched our stability mechanism: Range Bound Stability.

If you’ve not heard of RBS yet, we encourage you to skim through this thread:
Dec 7, 2022 7 tweets 4 min read
📚 There is a lot happening at Olympus.

Grab a coffee and put on your reading glasses. Let’s get into it. ☕️ We care about security.

Our mission is bold and long-term oriented. This is why we put a lot of effort into making resilient contracts that are made to run without vulnerabilities for decades.
Oct 25, 2022 28 tweets 7 min read
|Range, Bound| - The Bedrock of Olympus V3🧵 Image Over 6+ months of dev work.

Thousands of simulations

Three audits

Range-Bound Stability (RBS) is on the horizon.

(2/27) Image
Oct 13, 2022 7 tweets 2 min read
The second round of our $OHM Bonds testing begins today on @GnosisAuction by @gnosisDAO! This Gnosis Auction test will have two bond markets:

> 14-day ending Nov. 3rd
> 28-day ending Nov. 17th

Each with 10,000 $OHM per market, just like the last test.
Oct 11, 2022 22 tweets 6 min read
$BTC is not a reserve currency (and neither is $ETH). Image There is one major misaligned thought pattern unique to Crypto that we feel needs addressing:

Fixation on Supply Token Economics.

As you’ll find out in the thread below, some of your favorite tokens do not actually make a great currency.

(2/X)
Sep 29, 2022 16 tweets 4 min read
Say bye to high APY👋

🧵 Image First, let’s address the elephant in the room. The APY.

While it was certainly a useful tool to:
> Bootstrap community
> Initialize token supply
> Initialize core mechanisms

The narrative became confusing and the “why” of APY was not communicated well.

(2/X)
Sep 20, 2022 16 tweets 4 min read
Is it time to let go? - DollarDeFi or Crypto-Native Currency🧵 So far, the crypto space has predominantly been dollar-nominated.

The disadvantages of fiat currencies have, rightfully so, become a more active topic of discussion as of late.

(2/15)
Aug 31, 2022 21 tweets 6 min read
Toxic Crypto Liquidity - An infectious issue & Olympus' solution 🧵📗 Pool2 Incentives are destructive to a protocol’s treasury.

When protocols emit their token to attract liquidity, mercenary capital captures the dilutionary tokens - often leading to a market dump.

This leaves the protocol with high sell pressure and no liquidity.❌

(2/21)
Nov 29, 2021 12 tweets 6 min read
An Olympus thread - How to participate in Proteus 🧵👇 🧵#2 - What is Proteus?

Proteus is a liquidity incentives program proposed in OIP-45. The goals of this program are to rapidly bootstrap liquidity on new chains and simulate Olympus’ performance on each one. This data will guide the DAO in its long-term cross-chain decisions.
Nov 29, 2021 10 tweets 3 min read
An Olympus thread - How to bridge your gOHM 🧵👇 🧵#2 - First, what is gOHM? We've written another thread about it, which you can find here:
Nov 29, 2021 12 tweets 4 min read
gOHM is live and Proteus is upon us!

In preparation for our launch tomorrow on @avalancheavax w/ @traderjoe_xyz

We present to you an Olympus thread on what gOHM is, why it’s important for the Olympus ecosystem and how to acquire it. 🧵👇 🧵#2 - What is gOHM?

gOHM is the future on-chain governance token of Olympus. It has a static balance and increasing redemption value, just like today's wsOHM. The launch of gOHM is our first step in the migration to V2. 🧵👇
Apr 29, 2021 16 tweets 5 min read
In honor of 6000 discord ohmies and 3300 ohm-chain holders, let’s recap the metrics recently covered in our month in review medium post.

If you don’t like scrolling through a whole article and prefer distilled info in nice, easy threads: this ones for you

tl;dr Up Only, NFA We are incredibly grateful for our ohmies, who consistently make ours one of, no THE, best community in the industry.

We are 6000 strong today, and we cannot wait to welcome the next 6000 tomorrow.
Apr 27, 2021 5 tweets 2 min read
Thank you to everyone that participated in the Education Contest. Here is a list of the winners and front runners we believe were really good but posted after the deadline:

1: 2: