🏦 Rage Adds Middle Ground
🏦 Rage Adds Middle Ground
🏦 Treasury 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.
Rage just stacked 1,500 $OHM in their treasury 🏦 Alongside wETH (volatile) and USDC (stable), OHM is the perfect middle ground: backed, liquid, uncorrelated. What’s your ideal treasury mix?
The $RAGE treasury has already acquired over 1500 $OHM tokens, making it the biggest holder on the Base Chain. The Rage Buying Protocol will be a source of buying pressure for OHM on the Base chain. OHM is a required underlying assets for minting new Rage tokens. @OlympusDAO
OlympusDAO Convertible Deposits Proposal Goes Live for Community Vote
**OlympusDAO's Convertible Deposits proposal is now live** with voting beginning in 3 days. **What are Convertible Deposits?** - Transform idle stablecoins into productive, flexible capital - Preserve stability while offering conversion options to $OHM - Users receive receipt tokens and conversion rights when depositing stablecoins **Key Features:** - Receipt tokens can be used as collateral or traded - Conversion rights allow purchasing $OHM at predetermined prices - Provides liquidity without exiting positions **Benefits for different users:** - Stablecoin holders can earn yield and access liquidity - $OHM supporters lock in fixed conversion prices - Traders can capture arbitrage opportunities The proposal aims to activate idle capital while reinforcing the Olympus treasury. [Cast your vote](https://app.olympusdao.finance/#/governance/proposals/12) | [Learn more about Convertible Deposits](https://olympusdao.medium.com/convertible-deposits-8dee6537932b)
🏛️ 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)
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.