OHM is Smart Money

The Olympus protocol is a decentralized financial (DeFi) system that supports OHM, a treasury backed, liquidity-enabling token on the Ethereum network.

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Protocol Stats

Treasury Value

$195,000,000

Liquid Backing per OHM

$11.20

Operating Since

March 2021

Reliable Liquidity

Olympus pioneered Protocol Owned Liquidity (POL) and continues to lead the industry today. OHM can be bought, sold or borrowed against, even during turbulent market conditions.

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Accessible Backing

Cooler Loans enables taking loans against the liquid reserves backing OHM. Loans are perpetual, with a 0.5% fixed interest rate. There are no price based liquidations, and the Origination Loan-to-Collateral (oLTC) scales over time via a drip mechanism as backing grows.

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Predictable Monetary Policy

Olympus' automated monetary policy provides predictability and transparency, giving you confidence to make informed investment decisions.

OHM supply and backing is managed through smart contracts and policies such as the Emissions Manager (EM), Yield Repurchase Facility (YRF), and Convertible Deposits (CD's) to enable the protocol to expand and contract as market conditions shift, all while ensuring sustainable growth of backing reserves during expansionary times, and protection of reserves during downtrends.

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Governed On-Chain

On-chain governance plays a pivotal role in the operation of Olympus. It empowers holders to participate directly in decision-making processes, such as protocol upgrades, collateral management, and monetary policy adjustments. This democratic approach fosters transparency and decentralization, solidifying OHM as true smart money.

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How to Participate

Provide Liquidity

Earn pool incentives while helping proliferate OHM across DeFi.
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Deep market liquidity combined with a strong Olympus treasury will help realize OHM as the de facto utilitarian DeFi currency.

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Borrow Against Backing

Cooler Loans allow you to borrow up to 95% of the liquid backing of OHM at a 0.5% interest rate. Olympus gives you unparalleled financial flexibility.

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