Olympus Doge

#1 Reserve Currency on Dogechain!
Telegram:

[SUBZERO+ 🔺 @subzeroplus]

Under 24hrs till the real revenue #AVAX #NFT mint. The art is cool, but only part of the deal with this one...

✅All mint proceeds go to liquidity mining operations. Stake to earn AVAX!

🙊While staking - participate in NFT games, comps and get exclusive community benefits.

[SUBZERO+ 🔺 @subzeroplus]

Subzero is about to perform an absolutely savage #DeFi and #NFT combo on #AVAX!

Hope you're ready bruh...

🤜 Staking utility with real yield from liquidity mining operations
🤛 Custom generative & hand crafted artwork
🤜 50 Ultra-collectible "flawless" 1-of-1s

👇 C-c-c-combo

[SUBZERO+ 🔺 @subzeroplus]

Subzero is delighted to be partnered with @Glacier_Fi – The largest ve(3,3) DEX on #AVAX by TVL!

Subzero will be a launch partner for the first vote/bribe epoch, releasing in 5hrs. We will provide initial liquidity and bribe our pools, using emissions to boost our APRs! 👇🧵

[SUBZERO+ 🔺 @subzeroplus]

SUBZERO+ is in the process of absorbing the @DogeOlympus project, with a fair migration for holders.

We will ensure that there is no downside for #SUB holders, issuing tokens at current fair value, and give @DogeOlympus holders a second chance on #AVAX!

[Olympus Doge @DogeOlympus]

We have issued a migration contract, which you can use at: https://t.co/VWiAr4ewEn

We look forward to seeing you join us @SubzeroPlus where we will continue with the yield farming opportunities, memes and dreams. ♥️

[Olympus Doge @DogeOlympus]

Due to internal difficulties and lack of liquidity available on #Dogechain we will be migrating Olympus Doge holders to the @SubzeroPlus decentralized venture capital project on #AVAX.

[Olympus Doge @DogeOlympus]

Based on the 16% premium to current price ($1.86), at the time of the snapshot, wsOHMD holders will receive $2.1576 worth of SUB tokens per wsOHMD (at the current price of $0.072).

This is 29.86 tokens per wsOHMD, which we have rounded up to 30 SUB tokens.

[Olympus Doge @DogeOlympus]

@AltGemHunter $wsOHMD @DogeOlympus

[Olympus Doge @DogeOlympus]

@TrueGemHunter $wsOHMD

[Olympus Doge @DogeOlympus]

We've just completed another huge token burn!

🔥64 wsOHMD from taxes
🔥 295 wsOHMD from reverse bonding
🔥 209 wsOHMD from buy backs

That's 2410.77 OHMD at the 4.090 index.

Related to DOGE, the value of wsOHMD is always increasing... and supply decreasing. 🐶🧠

[Olympus Doge @DogeOlympus]

🙏 Make sure to check the reason behind all these updates:

🔗 https://t.co/cVVAGumfOk

[Olympus Doge @DogeOlympus]

Updates:

⏸️We’ve paused bond sales. This means that the $wsOHMD supply is now fixed.

We’ve reduced the liquidity (to around 50% of the mkt cap), so we are less prone to sell pressure if the $DOGE price pumps. It may also allow price to increase with lower levels of investment.

[Olympus Doge @DogeOlympus]

🧐 We have added 10,000 $WWDOGE to the bond contract and will add more as we monitor it.

With these changes the protocol will switch from being inflationary to deflationary!!! (in the $wsOHMD token supply).

[Olympus Doge @DogeOlympus]

It’s likely we can revert to an expansionary state in future, if there’s renewed interest, in order to grow the asset pool and build new services, but the best way to add value for holders at this point, is with the treasury assets.

🫡 Check our next tweet for the updates

[Olympus Doge @DogeOlympus]

🚨We’ve been working on a #tokenomics update to add a bit more value into the protocol and make good use of treasury assets.

We realize that there is not as much interest right now in #Dogechain, but if it does take off in future, the key is to be early and continue building.

[Olympus Doge @DogeOlympus]

It makes sense to close the bond sales when interest is low, especially when the treasury assets exceed the market cap as they do currently.