Olympus DAO

Almost 75% of the Green Arrow pods have selected $pOHM as their strategic LP pair, according to Olympus DAO. #VolatilityFarming. R to @OlympusDAO.

A governance update has been posted on the forums regarding the implementation of Governor Bravo with custom quorum parameters and a two-stage implementation. The first stage aims to be completed by the end of January and the second stage by Q3 2024. Community members are encouraged to share their thoughts and comments on this proposed protocol change.

Olympus DAO is launching an educational campaign called 'Choose Your OHM Adventure' that aims to explore the possibilities of OHM in decentralized finance. OHM represents stability, predictable value, and wisdom in the world of DeFi. Participants can embark on a journey of self-discovery and understanding, encountering different facets of DeFi and using OHM to unlock new doors. This interactive campaign provides an opportunity to learn, engage, and participate in the narrative of decentralized finance.

Olympus DAO community has announced that the Cooler Loans taken by users will reach their maturity timestamps on Jan. 19th. Users are advised to extend or repay their loans to avoid default on their collateral.

Olympus DAO is launching an educational campaign called 'Choose Your OHM Adventure' to explore the possibilities of OHM in the world of decentralized finance. The campaign aims to provide knowledge, insights, and strategies for OHM holders to navigate the challenges and opportunities in the DeFi space. It is a story-driven journey that encourages engagement and participation, offering wisdom and understanding about the market and one's role in decentralized finance. Join the adventure and embark on an epic DeFi journey with OHM as your companion.

Olympus DAO community encourages preparation for incentivized decentralized frontends. Solana wallet drainers on the rise. AVAX Foundation signals investing in memecoins. Grayscale and Fidelity near spot bitcoin ETF decision. Bitcoin's first transaction celebrates 15 years.

Olympus encourages the community to prepare for Decentralized Frontends, inspired by LiquityProtocol's model, to enhance decentralization and adapt to DeFi regulations. Steps include understanding the framework, acquiring smart contract familiarity, prioritizing user safety, investigating revenue models, understanding kickback rate dynamics, and utilizing the upcoming SDK. For questions and collaboration opportunities, the Olympus Discord community is recommended.

In the latest news from Olympus DAO community, Cooler Loans has reached over $100 million in borrows. The new automated $OHM v3 vault, provided by Mellow Protocol, has reached a total value locked (TVL) of approximately $150,000. Additionally, OIP-150, which proposes decentralized frontends for Olympus, has passed with an overwhelming majority vote. The Olympus frontend was unaffected by the recent security incident regarding Ledger. In a community-hosted space, discussions were held on liquidity rails and the set-it-and-forget-it, concentrated, automated $OHM - $USDC v3 strategy. Overall participation in governance is appreciated and encouraged.

Mellow Protocol has introduced a new auto-rebalancing, narrow-band v3 strategy for providing liquidity in the OHM-USDC pool on Olympus DAO.

The Decentralized Frontends Request for Comment (RFC) has been moved to OIP as OIP-150: Decentralized Frontends for Olympus. Cooler Loans has reached nearly 100 million DAI borrowed, with borrowers enjoying zero liquidation risk, 95% LTV of liquid backing, half percent borrow rate, prepaid extended loans, and growing liquid backing of their collateral. The RFC Introducing Parthenon: Olympus On Chain Governance is still collecting comments. The Olympus web app user interface has been live for 2 weeks. The community is encouraged to participate in governance and explore the econOHMy.