Building a Decentralized Reserve Currency with Olympus

Sun, Oct 2, 2022, 12:00 AM

We host Wollemi from the OlympusDAO community to chat on decentralised reserve currencies and life in a DAO. --- Timestamps: 00:33 ​Introduction & Monthly Roundup 08:17​ Building the Decentralized Reserve Currency 42:44​ Fireside Chat with Wollemi --- Guest: Wollemi has been in crypto since 2012 and is involved in the Give, Grants and Incubator programs within OlympusDAO. Olympus is a decentralized reserve currency protocol based on the OHM token. Each OHM token is backed by a basket of assets (e.g. DAI, FRAX) in the Olympus treasury, giving it an intrinsic value that it cannot fall below. Olympus also introduces unique economic and game-theoretic dynamics into the market through staking and bonding. --- Target audience: Anyone curious about Olympus and DAOs