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domain	olympusdao.finance
summary	Summary: - Goal of Olympus: - Create a programmatic, policy-controlled stablecoin that: - Preserves purchasing power through long-term price stability. - Ensures reliable liquidity across decentralized exchanges (DEXs). - Acts as a unit of account, paired with many other decentralized assets. - Serves as a trusted asset for collateralizing others or depositing into protocol treasuries. - Is fully decentralized and community-controlled. - Offers financial flexibility by allowing users to borrow against their stablecoin holdings. - Rationale for Olympus: - Fiat-pegged stablecoins are crucial in crypto due to their low volatility compared to other tokens like Bitcoin or Ether. However, there's a need for a stablecoin that addresses the challenges of existing solutions and offers more control, flexibility, and reliability to users within decentralized environments.
title	Olympus - OHM is Smart Money
description	The Olympus protocol supports OHM, a community-owned, decentralized and censorship-resistant reserve currency. OHM is deeply liquid and fully backed by stable assets.
keywords	olympus, docs, money, liquidity, protocol, treasury, backing, read, policy, smart, loans, assets, transparency, system, liquid, market, cooler
upstreams	beets.fi
downstreams	twitter.com, github.com, instagram.com, snapshot.org
nslookup	A 75.2.70.75, A 99.83.190.102
created	2024-02-23
updated	2025-04-19
summarized	2025-04-19