OlympusDAO dao
Overview
OlympusDAO is a decentralized reserve currency protocol on Ethereum and other networks. It operates the OHM token, which is backed by a treasury of assets and uses bonding and staking mechanisms to manage supply and liquidity. The protocol is known for pioneering the concept of protocol-owned liquidity (POL).
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Frequently asked questions
What is OlympusDAO?
OlympusDAO is a decentralized reserve currency protocol on Ethereum and other networks that operates the OHM token.
How does OlympusDAO manage its token supply?
OlympusDAO uses bonding and staking mechanisms to manage the supply and liquidity of its OHM token.
What is the OHM token backed by?
The OHM token is backed by a treasury of assets.