Olympus Pro — Introducing Arbitrum Cohort 1 Launch Partners
Ohmies,
With this Olympus Pro Cohort, we’re expanding to another low-fee environment for bonders: Arbitrum! This Cohort’s Partners includes Everipedia, GMX, and TreasureDAO.
What Is Olympus Pro?
Olympus Pro is a service for protocols looking to supplement liquidity mining in their emissions programs with low overhead and maximum impact. Through the bonding service, these protocols 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.
Our team provides infrastructure, expertise, and exposure to a vibrant marketplace. Projects only need to bring their token and an objective. Since the launch of Olympus Pro, OP bonds have captured >$20m in liquidity for our partners.
Everipedia (FRAX) — Bonds go live on Dec 14th
Everipedia is expanding their bond program and will now have IQ — WETH bonds available on Ethereum main net and FRAX bonds on Arbitrum. Everipedia’s mission is to use the IQ token to bring all forms of knowledge from every industry and every institution onto the blockchain. Bonders will be able to earn their multi-chain token IQ.
TreasureDAO (MAGIC-gOHM, MAGIC-ETH) — Bonds go live on Dec 15th
Treasure is building composable economic resources to act as bridges between the growing network of metaverses. Cross-ecosystem ties are bolstered through our interrelated resource model: MAGIC (power), Treasures (resources, NFT) and Legions (players, NFT). Bonders will earn their token MAGIC.
GMX (WETH) — Bonds go live on Dec 16th
GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool. Bonders will be able to earn their utility and governance token GMX.
About Olympus
Olympus is a decentralized financial reserve that provides sustainable compounding interest through its community-owned and protected treasury.
