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.

Click here to join our Discord!

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.

Website | Twitter

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.

Website | Twitter

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.

Website | Twitter

About Olympus

Olympus is a decentralized financial reserve that provides sustainable compounding interest through its community-owned and protected treasury.

Olympus Pro | Twitter | Discord | Medium | Forum

--

--

--

$OHM is the decentralized reserve currency of DeFi. https://www.olympusdao.finance/

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

BIT Mining Limited partnered with Viking Data Centers to invest $12M in crypto mining in Ohio

Liquidity providing is live at Puzzle Swap

The Next “Big Thing”: NFT Flash Loans

MatrixETF Launches $5.5M MDF Liquidity Mining Program on Ethereum and Solana

The WhenStaking Power Generators Event: Cash Prizes, 120% APR Boosts, And More Staking Options!

HodlGod Enigma Chest NFT Collection + NFT-Fi Announcement

EOS Hot Sauce, volume 3

XIOTRI: open beta platform

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
OlympusDAO

OlympusDAO

$OHM is the decentralized reserve currency of DeFi. https://www.olympusdao.finance/

More from Medium

Update: New website and redeeming staked tokens and XFIT rewards

Rubic Weekly Report 12/30

AMA Questions for the week of Feb 21st— Feb 25th 2022

gTrade v6 update.