@WAGMIcapital @pottedmeat_ohm This could be of interest. It looks at the treasury market value of OHM vs the price of OHM repurchased. Note that the treasury market value excludes OHM recently pulled from LP. https://t.co/A6nWoSMFWv
1/ $OHM saw $569m in volume on Oct. 15th, which was largely a dump brought to you by the liquidatoooorr. Price dumped by ~19%. Liquidity/Market Cap at the time was 12%. Estimated fees for that day were $1.7m.
5/ What does this tell us? The vision, $OHM at the center is being realized. @OlympusDAO is continuing to diversify its revenue beyond its Bonds and Olympus Pro. A month ago LP fees were only viewed as offsetting volatile price action. Today $OHM profits by unifying liquidity.
4/ OHM-ETH saw $285m in volume routed through $111m POL. This routed volume was 256% the size of that pool’s POL.
This pool’s total volume represented 42% of SushiSwaps total volume.