Olympus DAO Defi Legit

Olympus DAO: MINDBLOWING DeFi Project!! Is it Legit?!

By Guy

Hey Guys!

As some of you may know, I decided to hold off on the livestream for this week. However, I did give an update video on TikTok about the role of crypto to do good for those in need in Ukraine…

https://vm.tiktok.com/ZMLkqm4Gb/

To take our mind off of the conflict in the real world at the moment, I have a really interesting video to share.

After doing my recent video about Anchor Protocol, it got me thinking about other crazy DeFi protocols that people have been wondering about (including me). Olympus DAO is another project that’s at the top of the list, and after doing some digging, I was pretty surprised.

For context, Olympus DAO has been controversial because it offers insanely high yields on staking its OHM token. The OHM token is intended to be the “decentralised reserve currency” of cryptocurrency, but stuff like quadruple digit APYs has raised a lot of questions.

Believe it or not, but Olympus DAO has actually developed a few novel features that have changed DeFi forever. The most important of these is the concept of protocol owned liquidity which is outside the scope of this description, but it basically allows protocols to earn money.

Olympus DAO also seems to have some pretty serious backers as well as a solid team. If you watched my video about that crypto developer report you might recall they have the most devs of any DeFI protocol after MakerDAO, which is a pretty big deal.

With all this said, there are a lot of questions that need answering, and you can consider this video as being my attempt at doing just that.

Put your thinking caps on, because this is one crazy project!

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► Olympus DAO Introduced: https://olympusdao.medium.com/introdu…
► Olympus DAO Architecture: https://docs.olympusdao.finance/main/…
► Olympus DAO Statistics: https://dune.xyz/shadow/Olympus-(OHM)
► Olympus Pro Explained:
https://olympusdao.medium.com/introdu…
► OHM Token Sale: https://olympusdao.medium.com/what-is…
► Olympus DAO Game Theory: https://olympusdao.medium.com/the-gam…
► Olympus DAO Treasury Keys: https://docs.olympusdao.finance/main/…

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

Latest videos

What REALLY Happened With Celsius
What REALLY Happened With Celsius?! What We Know!!
What REALLY Happened With Celsius

What REALLY Happened With Celsius?! What We Know!!

June 23, 2022 2 min read
Three Arrows Capital What REALLY HAPPENED to 3AC
Three Arrows Capital: What REALLY HAPPENED to 3AC?!
Three Arrows Capital What REALLY HAPPENED to 3AC

Three Arrows Capital: What REALLY HAPPENED to 3AC?!

June 22, 2022 2 min read
Crypto News Market Meltdown 3AC Celsius Job cuts
Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!
Crypto News Market Meltdown 3AC Celsius Job cuts

Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!

June 21, 2022 2 min read
Is China GDP Fake
Have We Been LIED TO?! China’s FAKE GDP Numbers!!
Is China GDP Fake

Have We Been LIED TO?! China’s FAKE GDP Numbers!!

June 19, 2022 2 min read
Elon's Twitter TAKEOVER Will It Succeed
Elon’s Twitter TAKEOVER!! Will It Succeed? What You Need To Know!!
Elon's Twitter TAKEOVER Will It Succeed

Elon’s Twitter TAKEOVER!! Will It Succeed? What You Need To Know!!

June 16, 2022 2 min read
The DeFi Crypto Regulation THEY Want
Have You READ THIS!? The DeFi Crypto Regulation THEY Want!!
The DeFi Crypto Regulation THEY Want

Have You READ THIS!? The DeFi Crypto Regulation THEY Want!!

June 15, 2022 2 min read
Crypto News Market Meltdown Celsius ETH Delay Inflation
Crypto News: Market Meltdown, Celsius, ETH Delay, Inflation & MORE!!
Crypto News Market Meltdown Celsius ETH Delay Inflation

Crypto News: Market Meltdown, Celsius, ETH Delay, Inflation & MORE!!

June 13, 2022 2 min read

Related videos

What REALLY Happened With Celsius
What REALLY Happened With Celsius?! What We Know!!
What REALLY Happened With Celsius

What REALLY Happened With Celsius?! What We Know!!

June 23, 2022 2 min read
Three Arrows Capital What REALLY HAPPENED to 3AC
Three Arrows Capital: What REALLY HAPPENED to 3AC?!
Three Arrows Capital What REALLY HAPPENED to 3AC

Three Arrows Capital: What REALLY HAPPENED to 3AC?!

June 22, 2022 2 min read
Crypto News Market Meltdown 3AC Celsius Job cuts
Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!
Crypto News Market Meltdown 3AC Celsius Job cuts

Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!

June 21, 2022 2 min read
Is China GDP Fake
Have We Been LIED TO?! China’s FAKE GDP Numbers!!
Is China GDP Fake

Have We Been LIED TO?! China’s FAKE GDP Numbers!!

June 19, 2022 2 min read
Elon's Twitter TAKEOVER Will It Succeed
Elon’s Twitter TAKEOVER!! Will It Succeed? What You Need To Know!!
Elon's Twitter TAKEOVER Will It Succeed

Elon’s Twitter TAKEOVER!! Will It Succeed? What You Need To Know!!

June 16, 2022 2 min read
The DeFi Crypto Regulation THEY Want
Have You READ THIS!? The DeFi Crypto Regulation THEY Want!!
The DeFi Crypto Regulation THEY Want

Have You READ THIS!? The DeFi Crypto Regulation THEY Want!!

June 15, 2022 2 min read
housing bubbles
Housing Bubble COLLAPSING?! What You NEED To Watch!!
housing bubbles

Housing Bubble COLLAPSING?! What You NEED To Watch!!

June 12, 2022 2 min read