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
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
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!
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!
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!!
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!!!
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!
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!
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!
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!