Olympus Pro — Introducing Avalanche Cohort 1
Ohmies,
With this cohort we’re excited to share that we’re expanding to Avalanche 🔺! Our first Avalanche Cohort features Pangolin, Growth DeFi, BENQI, and Yield Yak.
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 >$17m in liquidity for our partners.
Pangolin (PNG-AVAX) — Bonds go live on Nov 30th
Pangolin is a community-driven decentralized exchange for Avalanche and Ethereum assets with fast settlement, low transaction fees, and a democratic distribution. Bonders will be able to earn their governance token PNG.
Growth DeFi (GRO/MOR, WHEAT/MOR and MOR/AVAX) — Bonds go live on Dec 1st
Growth DeFi is a multichain ecosystem that combines products such as its overcollateralized stablecoin (MOR) and yield aggregator (WHEAT) to provide the highest level of capital efficiency for its users. Bonders will earn their governance token GRO.
Yield Yak (YAK-AVAX) — Bonds go live on Dec 2
Yield Yak is an easy-to-use tool to earn more yield from DeFi farming on the Avalanche network. Bonders will be able to earn their governance token YAK.
BENQI (QI-AVAX) — Bonds go live on Dec 3
BENQI is a non-custodial liquidity market protocol, built on Avalanche.The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Bonders will be able to earn their governance token QI.
About Olympus
Olympus is a decentralized financial reserve that provides sustainable compounding interest through its community-owned and protected treasury.
