Joel_
@0xjoel_
ID: 1496934368622878726
24-02-2022 19:45:45
2,2K Tweet
369 Followers
231 Following
The craziest thing about OlympusDAO |Smart, Money| is if they succeed at scale, I think they have a wider moat than anything we’ve seen in web3. Maybe more than Bitcoin but I don’t make those rules. 🤷♂️ My biggest question isn’t if it fails… What if it doesn’t & starts to eat everything? 🤯
hOHM programmatic buyback-and-burns increasing🔥 now $616k+ annualised more gOHM collateral = more buybacks OlympusDAO |Smart, Money| making more money = higher LTV increase rate = more buybacks and thats on top of the native $OHM Yield Repurchase Facility no place like hOHM🌱
We've joined forces with OlympusDAO |Smart, Money| to launch an sUSDS Morpho Labs vault deployed on Ethereum Gauntlet Olympus sUSDS is the definition of DeFi composability Supply sUSDS to get risk-adjusted yield on your yield-bearing stable. Collateralize Pendle tokens and Resolv Labs'
once again OlympusDAO |Smart, Money| has demonstrated its resilience and stability in a market-wide event it remains a superior treasury asset relative to ETH, wBTC and even stables for those protocols who want a decentralized asset to protect and grow their treasury