About
Olympus aims to create a decentralized, censorship-resistant reserve currency for the emerging Web ecosystem. The project centers around its OHM token, which is a non-pegged stablecoin that hopes to eventually be viewed as a crypto-native fiat alternative. It does this through various mechanisms: using its treasury to increase and decrease the supply of OHM, LP bonds, and a DAO-controlled variable. Tags: DeFi Stablecoin Protocol Ecosystem(): Ethereum Founded:
History
2022
Oct 1, 2022product launchmajor
Range Bound Stability (RBS) System Launch
2021
Dec 12, 2021protocol upgrademajor
Olympus V2 Migration and gOHM Introduction
Sep 13, 2021product launchmajor
Olympus Pro Launch
funding
Funding Round
Maven 11, D64 Ventures, Nascent
