Olympus Launches Two New Systems: YRF and Emissions Manager
Olympus Launches Two New Systems: YRF and Emissions Manager
🏛️ New OHM Systems Just Dropped
Olympus has activated two new systems following OIP-168 & 171:
Yield Repurchase Facility (YRF): Evaluates protocol yield and Cooler Loans interest weekly. Creates bond markets via Axis Finance to bid OHM for USDS, with OHM redeemed at 11.33 USDS daily.
Emissions Manager (EM): Controls OHM emission rate based on: 1. Premium to backing above OCG variable (100% at launch) 2. Circulating supply ratio (0.0002 at launch)
RBS has been temporarily deactivated to prevent system overlap. Community recently approved YRF continuation for three months.
This week on The Rewind, we’re talking about the Yield Repurchase Facility (YRF) and the Emissions Manager (EM).
🏛️ Olympus Deploys $10M Treasury Funds
**Olympus has deployed $10M from its treasury into sUSDe** following a successful governance vote. This strategic move aims to: - Strengthen Olympus backing through diversified assets - Generate returns for the protocol - Deepen collaboration with Ethena Labs **Key security details:** - Ethena confirmed USDe overcollateralization with ~$66M buffer - Independent third-party verification completed - Focus on transparency and sustainable DeFi growth The deployment represents Olympus's continued evolution toward **purpose-built treasury management**, moving beyond idle assets to strategic yield generation. [Learn more about Olympus](https://docs.olympusdao.finance/)
🏦 Coinbase DEX Adds OHM
**OHM token gains Coinbase DEX support**, expanding access to millions of users through Base infrastructure. - **Progressive rollout** by geographic region currently underway - Integration provides **deeper liquidity** for the DeFi reserve currency - Backed by one of **DeFi's largest treasuries** - Strengthens OHM's presence where **retail meets institutional** infrastructure This follows previous Coinbase Wallet integration, marking another step in OHM's broader Coinbase ecosystem adoption. [Read full details](https://olympusdao.medium.com/coinbase-dex-supercharges-ohm-access-on-base-the-worlds-first-monetary-computer-powered-by-fc2d07e6ea41)
🏦 Rage Adds Middle Ground
**Rage** has added **1,500 $OHM tokens** to their treasury, positioning the asset as a strategic middle ground between volatile and stable holdings. The treasury now includes: - **wETH** (volatile asset) - **USDC** (stable asset) - **$OHM** (backed, liquid, uncorrelated) $OHM offers **backing and liquidity** while remaining **uncorrelated** to traditional volatile and stable assets, making it an attractive treasury diversification option. The move highlights growing institutional interest in **decentralized reserve currencies** as treasury management tools.
Cooler Metrics Dashboard Launch
Olympus DAO has launched their new Cooler Metrics Dashboard, providing enhanced transparency and data visualization for the protocol. Key Features: - Real-time protocol metrics - Comprehensive data tracking - User-friendly interface Access the dashboard at [Cooler Metrics](https://coolermetrics.olympusdao.finance) This release represents a significant step toward greater protocol transparency and accessibility for users.
Olympus DAO Launches .ohm Domain with Unstoppable Domains
Olympus introduces .ohm domains in partnership with Unstoppable Domains, offering community members a unique onchain identity. Key points: - Community members can now reserve their .ohm domains at [get.unstoppabledomains.com/ohm](https://get.unstoppabledomains.com/ohm/) - **Special distribution** planned for prominent contributors and ecosystem partners - Domains represent involvement in programmable onchain finance - Provides sovereign control over online identity The initiative aims to strengthen community recognition and advance onchain identity solutions.