OlympusDAO has posted OIP-198 on its governance forum, formally proposing $OHM bridging through Chainlink CCIP between Ethereum, Arbitrum, Optimism and Base. The proposal targets the OHM token at ethereum:0x64aa3364f17a4d01c6f1751fd97c2bd3d7e7f1d5 and follows the RFC the protocol highlighted in its Aug 31 – Sep 6 weekly digest, which also named Berachain among the routes.
The forum post was recapped in the Sep 21 – 27 weekly digest, alongside an invite to the monthly community call on Discord.
NetNet Capital Management has entered a strategic partnership with OlympusDAO and Origami (origami_fi), an announcement OlympusDAO amplified. Under the deal, Olympus is adding wsNET/hOHM liquidity, while NetNet will open hOHM bonding, hold hOHM in its treasury alongside USDG, and route unloop exits through the pool.
NetNetCap is a reserve-backed token protocol running on Robinhood Chain, and hOHM is Olympus's liquid staked OHM token accruing rebase rewards.
OlympusDAO updated its Convertible Deposit Metrics page to show a conversion ladder displaying CD positions in the money, with both the $ value and the corresponding $OHM strike for each position. The dashboard is available via the dapp.
The update gives holders a clearer view of where CD positions sit against the current OHM price.
OlympusDAO highlighted buyback activity tied to an ethereum address (0x64aa...f1d5), reporting $156M in ETH buybacks spanning April 2022 through September 2026.
The data underscores the protocol's ongoing treasury deployment as part of its token buyback program. OlympusDAO shared the figures via its official account, pointing to the cumulative value returned to holders over the multi-year window.
An attacker exploited a smart-contract flaw to withdraw roughly 30,000 OHM (~$300,000) from the OHM bond contract at Bond Protocol; the funds were returned to the DAO the same day.
Olympus launched V2, introducing on-chain governance via the gOHM token (replacing wsOHM), automatically staked bonds, and cross-chain functionality for OHM.
Olympus introduced Olympus Pro, a bonding-as-a-service product that lets DAOs and projects take control of their token emissions and liquidity mining programs through protocol-owned liquidity (POL).
Olympus launched OHM through a fair-launch event (March 12–14, 2021) in which 50,000 OHM were offered to Discord members at $4 each, with 18,260 OHM added as initial liquidity via an IDO on SushiSwap.
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