Introducing Olympus Pro By OlympusDAO

Published on: 19.09.2021

Olympus has found enormous success through bonds. Within the first six months, the protocol has amassed over $150 million in assets. This is higher than many protocol’s TVL, and it will never have to pay another dime for them. Not only that, most of these assets are productive; instead of costing the protocol money, they make the protocol money.

INTRODUCING OLYMPUS PRO

Olympus Pro is a service for protocols looking to utilize bonds in their emissions programs with low overhead and maximum impact. Olympus provide their partners with infrastructure, expertise, and exposure. Projects only need to bring a token and an objective.

Through bonds, protocols can accumulate the crucial infrastructural liquidity that they generally service via liquidity mining. Instead of renting that liquidity (often at astronomical interest rates), they simply purchase it, turning a value-draining perpetual expense into revenue-producing assets that facilitate the functionality of the rest of the platform.

INFRASTRUCTURE
Olympus Pro is protocol owned liquidity-as-a-service, providing a custom treasury and bonds optimized to individual needs. Our contracts are audited, battle-tested and ready to go, allowing developers to spend less time facilitating tokenomics.

Olympus Pro X is a bond marketplace, providing an integrated front-end solution for users to quickly and easily create and manage their bond positions on a familiar, unified user interface.  Olympus has spent months studying and perfecting its own bonds. Its valuable insight, gleaned from multiple explicit data-driven trials and countless implicit observations, will help projects get passive, self-regulating bond programs up and running.

Partners will be featured on Olympus Pro X, a unified marketplace for bonds from a multitude of protocols. The marketplace will become the default destination for DeFi investors looking for discounted exposure to various tokens through this unique mechanism. A presence on this interface will be invaluable in reaching new investors, much like the value of listing on an exchange. Additionally, Olympus will provide its partners with co-marketing services, leveraging their community and brand to highlight new and exciting projects.

ABOUT Olympus
Olympus is a decentralized reserve currency protocol based on the OHM token. Each OHM token is backed by a basket of assets (e.g. DAI, FRAX) in the Olympus treasury, giving it an intrinsic value that it cannot fall below. Olympus also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.

RESOURCES
Medium

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