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What is Olympus DAO?

The rise in bond sales and liquidity provider fees bolsters treasury revenue, enhances liquidity, and effectively manages the supply of OHM. This surge in treasury funds not only improves the overall treasury balance but also supports the backing of existing OHM tokens while helping to stabilize the staking annual percentage yield (APY). Olympus is deliberately structured with an emphasis on ensuring the long-term success of the protocol. Each OHM created for staking incentives is backed by reserves from the treasury, which is essential for maintaining stability. As OHMs are minted and allocated for staking rewards, the dynamics of staking are affected; while an increase in staked OHMs may lead to a reduction in APY, it simultaneously boosts the OHM price, creating a protective balance for investors. Moreover, Olympus's ownership of nearly all its liquidity is vital for maintaining price stability and generating income for the treasury. The protocol's self-sufficient liquidity serves as a safeguard against unpredictable market fluctuations and negative conditions, capitalizing on the resilience and efficacy of its design. Ultimately, this thoughtful strategy cultivates a robust ecosystem that emphasizes both the security of investors and growth that can be sustained over time. In doing so, Olympus reinforces its commitment to fostering a collaborative environment that thrives on both innovation and stability.

What is Mantle Network?

Develop decentralized applications that provide exceptional user experiences by harnessing the unparalleled security of Ethereum via our sophisticated layer-2 network built on a modular framework. Experience remarkable transaction speeds combined with robust security, all while utilizing Ethereum's roll-up technology in an environment that is fully compatible with the Ethereum Virtual Machine. The Mantle Liquidity Staking Protocol (LSP) represents a vital component of the Mantle ecosystem, enabling users to stake ETH and receive rewards in the form of mETH (Mantle Staked Ether). With a significant treasury under our management, we concentrate on delivering economic benefits for Mantle products, prioritizing value creation, transparency, and sound governance. Our unwavering dedication to these values guarantees that users can have confidence in the integrity and dependability of our ecosystem. Ultimately, this commitment to excellence fosters a thriving community that can actively participate in the burgeoning world of decentralized finance.

Media

Media

Integrations Supported

MetaMask
WalletConnect

Integrations Supported

MetaMask
Aurelius Finance
Biconomy
Bitget Wallet
Coin98
CryptoTax360°
DefiLlama
Flooz
Lootex
OpenOcean
Privy
Pyth
Router Protocol
Symbiosis Finance
Tellor
TokenPocket
WOOFi
iZiSwap
stakefish

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Olympus DAO

Date Founded

2020

Company Website

www.olympusdao.finance/

Company Facts

Organization Name

Mantle Network

Company Website

www.mantle.xyz

Categories and Features

Crypto Lending (DeFi)

Not specified

Categories and Features

Blockchain

Not specified

Layer 2 Protocols

Not specified

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