OHMSnake (🧠, 💵)

Bet big, on OHMSnake

[OHMSnake (🧠, 💵) @OHMsnake]

Avassst, it'sss time to ssset sssail agane!

[OHMSnake (🧠, 💵) @OHMsnake]

Ssssss is it time to wake up?

[OHMSnake (🧠, 💵) @OHMsnake]

It'sssss good to sssee all my friendsss coming hOHM!

SsssUSDsss growing in my treasury nicessly!

[OHMSnake (🧠, 💵) @OHMsnake]

Sssss, the poolsss are great!

[Zeus Ω ((3,3), P) @ohmzeus]

the mission of @OlympusDAO is to create the best capital asset in the world

in this pursuit, it ensures that $ohm is:
- always liquid via POL
- always creditworthy via cooler loans
- always in demand via yrf

it then harnesses growth to scale these assurances

[Zeus Ω ((3,3), P) @ohmzeus]

the people are waking up to reality

but let it be understood that MSTR is the Toshiba Handibook to Olympus’ iPad

their advantage is simply access to tradfi infrastructure and the wide swathes of yield starved capital that lives there

[Knotted (🧠, 💵) @knottedthings]

gm

$102k of $OHM buybacks today.

[OHMSnake (🧠, 💵) @OHMsnake]

Sssss

Sssnake hears we getting the gang back together with launch of Convertible Deposits

SssSUSD treasury yield buying OHM

Bet big... on OHMSnake

[OHMSnake (🧠, 💵) @OHMsnake]

Ssssso someone's been l0000ping

But u wldn blv it!

[OHMSnake (🧠, 💵) @OHMsnake]

Sss, followers who don't understand:

🧠No one is buying your coin for utility, ex USD
🧠What if your token was backed by yielding USD, unpegged, had native yield (Cooler) & ppl buy to speculate on network growth?
🧠OHM type 1 project, BTC type 2 project

#Sssmart-Money!

[OHMSnake (🧠, 💵) @OHMsnake]

Sss, so that's Cooler demand done:

🧠Tample maxxed, RFV maxxed, loan refinancers maxxed
🧠Tample putting in floor at backing with their OTC service, we ain't ever going below
🧠Zeus fr fr lined up Cooler for us at the pico bottom this turn

Up Ohmly from here #Sssmart-money etc!

[OHMSnake (🧠, 💵) @OHMsnake]

Sss, OHM probably never go below backing agane:

🧠OHM is dual earning asset, rising floor from treasury & carry profit from Cooler loans
🧠Backing is stables, I'm up only in USD termsss
🧠Why would I sell? worst case the floor keeps pushing me higher

That's #Sssmart-Money!!

[OHMSnake (🧠, 💵) @OHMsnake]

Ssso, some ppl saying OHM isn't > BTC:

🐍Let's assesss:

🧠Anticyclical, treasury sells OHM to DAI when outside trend bands

🧠Best collateral in DeFi, unlimited borrow @ 0.5% pa

🧠'Number go up tech', treasury backing sits in DSR earning 5%

(🧠,💵) That's #Sssmart-Money!!!

[OHMSnake (🧠, 💵) @OHMsnake]

Docs are here: https://t.co/cP18jXTc9X

[OHMSnake (🧠, 💵) @OHMsnake]

Ssss, Congratulations to the Ohmiesss on a successful Cooler Loans launch!

That's #Sssmart-Money!!!

[OHMSnake (🧠, 💵) @OHMsnake]

Sss, Cooler Loans launches 21 Ssseptember at 3pm EST!

And jussst now:

OHM TRADING AT A PREMIUM FOR THE FIRST TIME IN PROTOCOL HISTORY!!!

That's #Sssmart-Money!

[OHMSnake (🧠, 💵) @OHMsnake]

Ssso doing some math here:

🧠I have $100K OHM, I get $98K DAI Cooler loan @ 0.5% apr

🧠Ssstick it in the DSR I get 4.5% apr adjusted

🧠First tranche available for Cooler is $18M, so the rest of the $164M treasury DAI is increasing *total* backing @ 4.5%

That's #Sssmart-Money!

[OHMSnake (🧠, 💵) @OHMsnake]

Ssss, avassst it's almost time to set sssail again!

[OHMSnake (🧠, 💵) @OHMsnake]

@SoCratesNOCAP Sss, the Janitoooor needsss his drink!

[OHMSnake (🧠, 💵) @OHMsnake]

Ssso just to think about:

🧠Olympus invested $500K in Berachain @ $50M FDV for 1% (+1% fr the eco fund) so 2%

🧠Berachain raised at $420M from top tier VC

🧠Trash tier L1s trading at $5B FDV like Aptos & Sui

🧠So at $5B, the allo is worth $100M

(🧠,💵)That's #Sssmart-Money!

[OHMSnake (🧠, 💵) @OHMsnake]

Ssso doing some math here:

🧠I have $100K OHM, I get $98K DAI Cooler loan @ 0.5% apr

🧠Ssstick it in the DSR I get 4.5% apr adjusted

🧠First tranche available for Cooler is $18M, so the rest of the $164M treasury DAI is increasing *total* backing @ 4.5%

That's #Sssmart-Money!

[OHMSnake (🧠, 💵) @OHMsnake]

@zeetientien This guy getsss it!