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domainolympusdao.finance
summaryWhat is the goal of Olympus The goal of Olympus is to build a programmatic policy-controlled money that: Preserves purchasing power via long-term price predictability Maintains reliable liquidity across decentralized exchanges Is used as a unit of account e.g., by being paired against many other decentralized assets Is utilized as a trusted asset e.g., to collateralize other assets or deposited into protocols treasuries.Is fully decentralized and controlled by the community Is financially flexible, allowing users to borrow the backing against their money Why do we need Olympus in the first place Fiat-pegged stablecoins have become an essential part of crypto due to their lack of volatility as compared to tokens such as Bitcoin and Ether.
titleOlympus - OHM is Smart Money
descriptionThe Olympus protocol supports OHM, a community-owned, decentralized and censorship-resistant reserve currency. OHM is deeply liquid and fully backed by stable assets.
keywordsolympus, docs, money, liquidity, protocol, treasury, backing, read, policy, smart, loans, range, stability, assets, transparency, system, liquid
upstreams beets.fi
downstreams twitter.com, github.com, instagram.com, snapshot.org
nslookupA 75.2.70.75, A 99.83.190.102
created2024-02-23
updated2025-01-10

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