One of the most incredible facets of DeFi organizations is the fact that most things on the balance sheet are transparent if you know where to look. It is commonplace for protocols to list all of their smart contracts, treasury addresses, and multi-sig wallets in their official documents so that DeFi participants can see, on the ledger of the blockchain, what those protocols are holding. However, this is a double-edged sword. That information is often quite tedious to sift through, and may take you across many different block explorers or through multiple chains just to figure out where everything is.
Olympus disrupts all of this with the new Treasury Dashboard.
In an effort to bring you the most transparency with the least amount of investigation as possible, we constructed a centralized location where all of our decentralized assets can be viewed. Partnering with Multifarm, we are creating a dashboard that includes every bit of information you would ever need or want to know about the Treasury; its strategies, its held positions, and more. Allow this document to act as a guide to using the Treasury Dashboard.
Let’s dive into some of the components:
This is the same section you know and love, which greets you when you enter the Olympus app every day to check your balances and see how the market is shaping up. We haven’t changed this at all as it already does a great job of giving you a bird’s eye view of Olympus at any given moment. The way we see it — if it ain’t broke, don’t fix it!
Here is where things will begin to diverge from what you know and start to expand transparency for the average Ohmie. The treasury tab is broken down into 5 parts: portfolio, category, farm, strategies, and OHM backing.
The Portfolio section displays all assets that are held by the Treasury, what blockchain those assets live on, and in what amounts they are held in. There are tooltips throughout each selection explaining the differences in the effort of true transparency, one of our main goals is to have everything plainly understood.
The Category section takes the portfolio a step further by breaking down all of the assets in each of their categorical groups. These being: reserve assets, protocol-owned liquidity, Olympus branch, Incubator, strategic assets, Olympus Pro, and an “other” section for assets that don’t quite fit into the previous categories.
The next section, Farm, gives a serious analysis of all of Olympus Treasury’s farming positions, the amount of which those positions represent of the overall holdings, and the monthly revenue from our assets held on the behalf of our DAO partners.
Following this is Strategies, arguably one of the most important pages on the entire dashboard. Strategies will give Ohmies insight into the methods and mechanisms of the Treasury, and present each minutia of detail that goes into the strategy decisions behind the Treasury’s interest in certain assets. In complete transparency, you can now see what actions are taken by the Treasury of Olympus and why.
The last section is $OHM Backing, which will be incredibly insightful for those who have been intrigued by our recent release of Inverse Bonds. Laid out for you in descending dollar denomination is each liquid piece of an $OHM token. Ohmies can see exactly what is backing their currency at any given time, giving them translucent optics into the best backed token in DeFi.
Moving along from the Treasury tab, one can pan to the right and head to the Revenue tab. Inside of this branch of the dashboard, you get access to live numbers from each action of the Olympus Treasury that brings in revenue. That revenue in turn goes towards creating new OHM tokens and backing existing ones.
Things are split up by section again here, with each section containing complete and detailed information, graphs, and analysis that seek to further expand our user’s scope of the revenue generated by the Olympus Treasury.
The first section in Revenue is the Revenue Type. This is a simple and clear depiction of monthly revenue split into its different components. You’ll be able to see a line graph that tracks daily revenue over time for easy optics.
Next up is Farming Detailed, a section that shares a lot of common themes as the Farm section in the previous tab, but just adds more detail and color. Be sure to check out the daily earnings accumulated graph at the bottom to see the daily income from different productive assets that the DAO holds.
Just a note: there will be more updates to this page in the coming weeks. We are currently in the process of deploying $66M+ more capital in productive assets to produce greater backing for OHM.
Now shift your attention over to the Olympus Pro section. Since Olympus Pro is one of our most robust projects, it boasts one of the most robust revenue portions of the Treasury Dashboard. Contained in here is a complete list of OP revenue generated in the past 30 days or the past 24 hours; complemented by a visual of the daily earnings.
Just take a quick look to check the recent earnings, or do a deep dive and see all your favorite protocol’s earnings from the last month, it’s up to you anon.
After that is another one of the most important sections, especially for Olympus, that being the Bonding section. Here you will be able to see each bond purchased in the last day or throughout the last month, with daily earnings tracked graphically at the bottom. This is a powerful section of the dashboard if you are a bonder looking to see what the current bond purchasing market is like, but also for investors aiming to understand the influence bonds play upon the Olympus ecosystem.
We saved some of the best for last in the revenue tab. Revenue Agreements lay out a nice parcel of Olympus’ sphere of influence in the DeFi economy in opaque fashion. This section succinctly outlines revenues collected from three main partners in the ecOHMsystem: Redacted, Convex, and Toke. Our agreements to allocate treasury assets to these aligned SubDAOs is part of the protocol’s mission to increase revenue and expand the econOHMy defined in Olympus12.
Last, but not least, is Votium — which seems bare at the moment but will become more fleshed out as Olympus begins to allocate more treasury assets to some of these protocol services. There are some services being built by our direct partners that will influence the look of this part of the dashboard in the coming months.
As previously mentioned, Olympus Pro is an integral cog in the machine that is the Olympus Treasury. It creates value in revenue, but also in intangibles such as partnerships. Due to this, we simply could not resist giving Olympus Pro its time to shine. The tab adjacent to revenue is purely dedicated to Olympus Pro and the classification of everything the product encompasses in easy to digest formats.
The Olympus Pro Treasury graph paints a picture of a thriving cornerstone of Olympus’ growth while the Olympus Pro Revenue graph picks up the pace by giving you a daily breakdown of the top bonded partners. You can also view all active Olympus Pro partners, see the value per chain, and the income per partner.
With the release of permission less Olympus Pro right around the corner, there could not have been a better time for this dashboard to come about. When that unlock comes, the amount of data collected and shown on this area of the dashboard will be astronomical.
There is one last tab to the Treasury Dashboard that is intrinsically important to understanding the future evolution of Olympus as a reserve currency. Olympus plans to be everywhere on all chains, and Proteus is our means to do so and our metric to measure our performance. We kid you not when we say that the Proteus page contains the playbook for what you can be doing with your $gOHM, on what chain, and how that benefits Ohmies.
We have all of the critical information located here; breakdown of chain liquidity, available DEX partners, and a leaderboard of protocol-owned $gOHM reserves. However, the most potent inclusion to this tab must be the ‘How to use $gOHM’ section at the very bottom. Scroll there and you will find all of the incredible projects that we have partnered with to bring you utility across the many chains that we support. This page will constantly be updated as we add new utility options — you’ll even see some of our upcoming features that haven’t even dropped yet!
Why Make This Upgrade?
Well, the answer to this question is fairly simple, because we care deeply about two main principles:
- Transparency towards our community
- Preserving the decentralized spirit of DeFi
We cannot in good faith obfuscate the truth in a DeFi environment where many go to lengths to make information on Treasury holdings and allocations difficult or downright impossible to find. We welcome any and all interested in what we are doing here at Olympus to examine our Treasury with scrutiny and make an informed decision for them based on what they find. All of the data is there for you Ohmies, it is for you to interpret how you may.
Through this endeavor, we preserve the decentralized spirit of DeFi and mark an example for other protocols to follow. We hope that our community resonates with this decision and uses the Treasury Dashboard to attain a greater understanding of the ways the protocol works for Ohmies.
Olympus is a decentralized financial reserve protocol that provides sustainable compounding interest through its community-owned and protected treasury.