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domainolympusdao.finance
summaryThe goal of Olympus is to create a programmatic policy-controlled digital currency that preserves purchasing power through long-term price stability, offers predictability for decentralized exchanges, can be used in various financial applications like collateral or protocol treasuries thanks to its unit account function against other assets (e.g., as a fully community-governed and controlled system with the ability to issue new underlying value while allowing borrowing of this "backing money"). The need for such an approach is due to high volatility seen within tokens, making them less effective in preserving purchasing power. A policy-controlled model like Olympus could potentially offer more stability by providing similar functions as traditional financial assets but through decentralized control and operations which align with the values typically associated with blockchain technology (decentralized nature). This can ensure predictability for user transactions while also maintaining a level of intrinsic value that remains relatively uncorrelated to broader market shifts.
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, assets, transparency, system, liquid, market, cooler
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
updated2025-05-29
summarizedNone

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